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Bank / Credit Union News

Bank One officially changes name to Chase

March 9, 2006

The Columbus Dispatch: Two-hundred and eighty-three Bank One offices in Ohio are expected to begin using the Chase name this month. The name change comes after…

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Diebold shifts revenue

March 9, 2006

The Associated Press: Diebold Inc. will defer to future years some election systems revenue and earnings anticipated in service contracts. The adjustment…

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Card associations push for low-dollar card payments

March 9, 2006

ePaynews: Contactless payments in the United States are finding synergies with new self-service technologies and the card associations' moves to push…

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Securitas gives ATM services more attention

by Tracy Kitten — Editor, AMC

March 8, 2006

Sweden's multibillion dollar security company, Securitas AB, in December created a new position to oversee its ATM servicing business. Now the company is…

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Saudi FI signs ATM software deal with Level Four

March 8, 2006

LONDON - Saudi Arabia's Al Rajhi Bank selected Level Four Software, a provider of open standards-based ATM testing and development software, to introduce…

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Sam's Club says cards not compromised inside stores

March 8, 2006

BENTONVILLE, Ark. - In a news release issued last week, Sam's Club denied allegations that its customers' accounts had been compromised after making…

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National City replaces ATM cards after security breach

March 8, 2006

(Pittsburgh) Post-Gazette: A security breach has forced National City Bank to reissue an unspecified number of customers' Visa-branded ATM/debit cards.

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Smart-card maker's revenue, profit improve

March 8, 2006

MarketWatch: Smart-card maker Axalto reported a 1.4 percent increase in annual profit to $57.1 million, with revenue up 3.3 percent to $992 million. The…

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Kohl's sells credit-card business

March 8, 2006

MarketWatch: Kohl's Corp. sold its credit-card operations to J.P. Morgan Chase for about $1.5 billion and is expected to apply the sale's proceeds toward a…

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First Data selected by Romanian company for processing services

March 8, 2006

BUCHAREST, Romania - First Data International, part of First Data Corp. announced in a news release that Credisson International will use First Data to provide…

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German bank selects NCR's deposit, recycling tech

March 7, 2006

AUGSBURG, Germany - Germany's Kreissparkasse Bank announced in a news release that it expects to deploy NCR Corp.'s Personas M Series ATMs in its main branch…

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Efmark buys N.C. armored firm

March 6, 2006

The Denver Post: Efmark Premium Armored Services has acquired U.S. Armored LLC, a Raleigh, N.C.-based provider of armored transport for banks.

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Citibank responds to ATM fraud concerns

March 6, 2006

SecurityFocus: A post on blogger Web site Boing Boing suggesting that Citibank may be battling a new ATM fraud issue has garnered some attention. Citibank said…

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EAST publishes European ATM crime stats

March 6, 2006

PERTH, England - The European ATM Security Team, EAST, which is supported by Europol and includes representation from 23 European states, published its most…

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Mosaic brand transitions to S1 Corp.

March 6, 2006

ATLANTA - S1 Corp., a provider of customer interaction software solutions for financial and payment services, is transitioning the Mosaic Software brand to S1.

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Banking customers swarm to online channel

March 5, 2006

E-Commerce Times: "Banks certainly face a challenge in today's extremely competitive market in that customers crave the convenience of banking online yet…

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RESEARCH: Putting identity theft into perspective

March 5, 2006

EMV cards provide consumers secure POS payments and ATM cash withdrawals. Now one expert explores the role EMV cards could play elsewhere in ensuring consumer…

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Wincor's penetration into U.S. could be uphill battle

by Tracy Kitten — Editor, AMC

March 5, 2006

This year will likely be the one that marks Wincor's success, or failure, in North America. A noted competitor in the international market, Wincor's ability to…

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SURVEY: Reaching the unbanked

March 5, 2006

Chicago's The Center for Financial Services Innovation conducted an industry survey in November to learn how many financial services companies and institutions…

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Using real-time ATMs for improved customer relationships, profitability

by

March 5, 2006

Even though ATMs have been around a long time, FIs are still leery of using them as marketing tools ... at least to their full marketing potential.

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