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Bank / Credit Union News

Western Union inks deal with UAE bank

February 23, 2006

DUBAI, United Arab Emirates - Western Union Financial Services Inc. announced in a news release a strategic relationship with Bank Al Bilad of Saudi Arabia to…

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Banker who helped create nation's ATM network dies

February 23, 2006

TMCnet: As a young banking executive in the 1970s, Bruce Allen Burchfield envisioned a day when Americans would rely on remote banking stations across the…

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FastLane network offers issuing to merchants, ISOs

February 23, 2006

BOULDER, Colo. - Payment network FastLane is now offering merchants and independent sales organizations a revenue stream from the issuing side.

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Centera Bank integrates new system with DCI iCore

February 23, 2006

HUTCHINSON, Kan. - DCI, provider of bank technology and processing solutions to the financial industry, announced in a news release that Centera Bank added a…

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First Data provides merchant solutions to HSBC

February 23, 2006

DUBLIN, Ireland - First Data Corp. signed a three-year global merchant-processing agreement between its affiliate OmniPay, an international merchant-acquiring…

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Metavante names president of healthcare payments division

February 23, 2006

MILWAUKEE - Metavante Corp.has expanded its Healthcare Payments Solutions division with the addition of AdminiSource, which it recently acquired. AdminiSource…

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Fiserv announces shares repurchase

February 23, 2006

BROOKFIELD, Wis. - Fiserv Inc. authorized the repurchase of up to 10 million shares of its common stock, representing 5.6 percent of the total outstanding…

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British authorities issue photo-fits of Securitas depot robber

February 23, 2006

Times Online: Detectives investigating the multimillion pound Securitas depot raid released the first E-fit of one of the suspects involved in the heist.

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eFunds hits 52-week high, earnings up 23 percent

February 22, 2006

The Arizona Republic: eFunds logged a 23 percent earnings jump during the fourth quarter of 2005, which ended Dec. 31. The payments-processing, outsourcing and…

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GRG Banking provides more than 1,100 ATMs to top Chinese FI

February 22, 2006

GUANGZHOU, China - The Agricultural Bank of China ordered approximately 1,100 ATMs from GRG Banking Equipment Co. Ltd. for new-branch and off-premise…

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Barclays makes branches 'more accessible' by losing jargon

February 22, 2006

EFMA: Barclays in the United Kingdom is working to do away with jargon as a way to better reach customers. Examples: The ATM will be renamed "hole in the…

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Bank Machine acquisition proves profitable for Cardtronics

February 22, 2006

HOUSTON - Cardtronics Inc., the world's largest ISO, reported an annual revenue increase of $76.1 million, from $192 million to $268.97 million.

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Dynasty Technology signs EMV deal with financial-transaction, card-management provider

February 21, 2006

MADRID, Spain - Dynasty Technology Group, which develops and markets Java tools for the financial market used in more than 20 countries, announced a…

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Triton's Jackson receives ATMIA's Lifetime Achievement Award

February 21, 2006

LONG BEACH, Miss. - Triton Systems' vice president of engineering, Bill Jackson, was awarded at the ATM Industry Association's Conference East Feb. 16 for his…

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Allpoint signs deal with Texas credit union

February 21, 2006

BETHESDA, Md. - Texas Dow Employees Credit Union, the largest credit union in Galveston and Brazoria counties, signed a deal with the Allpoint Network to…

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Asia Pay to acquire InterPay International

February 21, 2006

HONG KONG - Asia Payment Systems Inc. is expected to buy strategic partner InterPay International Group Ltd.

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Euronet's growth reflected in 4Q, full-year totals

February 21, 2006

LEAWOOD, Kan. - Euronet Worldwide Inc. announced in a news release Feb. 22 that its full-year revenue increased 39 percent in 2005, from $381.1 million to…

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ATM Express offers wireless solutions

February 20, 2006

BILLINGS, Mont. - ATM Express Inc. announced in a news release its partnership with U.S. wireless service providers, including Verizon, to begin processing ATM…

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Router, switch sales jump to $7.2 billion in '05

February 20, 2006

TechWeb: Router and switch revenue hit $7.2 billion in 2005, a 37 percent increase from 2002, according to a report by Infonetics. The growth was driven by a…

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Credit Union 24 first Executive Summit to highlight education

February 20, 2006

TALLAHASSEE, Fla. - Credit Union 24 has finalized its list of speakers and presenters for its first Executive Summit, to be held in Orlando, Fla., March 22–23.

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