Bank / Credit Union News

B of A nears settlement on money-laundering probe

February 20, 2006

Charlotte Business Journal: Bank of America Corp. is close to settling an investigation of money laundering from South America. Charlotte-based B of A moved…

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U.K. banks poised for record profits

February 20, 2006

Banking Business Review: Over the next few weeks, the United Kingdom's biggest retail banks are expected to report multibillion pound profits. Northern Rock…

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First State Bank signs with Fifth Third Processing Solutions

February 19, 2006

CINCINNATI - Waynesboro, Miss.-based First State Bank has signed an eight-year contract with Fifth Third Processing Solutions for EFT services, including…

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DIB launches first Islamic credit card

February 19, 2006

LONDON - Dubai Islamic Bank launched its first Islamic credit card with the support of Card Tech Ltd., a United Kingdom-based bankcard systems provider and…

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STUDY: New research examines consumer spending in U.K.

February 19, 2006

GREENWOOD VILLAGE, Colo. - Research conducted by Western Union Financial Services Inc. before the launch of its travel cash cards revealed that U.K. travelers…

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TowerGroup envisions cashless society by 2015

February 19, 2006

ePaynews.com: By 2015, a large proportion of consumer payments globally will move from cash to new mechanisms, including Internet, mobile and contactless…

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MasterCard's IPO disrupted

February 19, 2006

Associated Press: MasterCard Inc., the nation's second-largest credit card brand, said Feb. 16 that it would postpone its initial public offering until the…

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European banks ready to invest in core systems

February 19, 2006

ePaynews.com: Total spending on retail banking solutions in Western Europe totaled about U.S. $7.6 billion in 2005. Core banking system investment is expected…

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Plot of debit-card compromise thickens

February 19, 2006

Seattle Post-Intelligencer: A spate of reports of different types of checking-account, debit-card and ATM thefts collected by local law enforcement and their…

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Congress wants names of sources in debit card leak

February 19, 2006

The Credit Union Journal: U.S. and international authorities are working closely with private entities to track down what they believe is an international ring…

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British government agrees to ATM-fees summit

February 17, 2006

Guardian Unlimited: The British government recently bowed to pressure from campaigners and announced it would hold a cash machine summit to discuss the…

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New technology enables ATMs to dispense prepaid cards

February 17, 2006

SCOTTSDALE, Ariz. - Recognizing the exponential increase in the use of consumer prepaid cards and the power of accessibility that ATMs provide, Better ATM…

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NCR's IFD, Personas 71 ATMs named for Best ATM tech

February 17, 2006

DAYTON, Ohio - NCR Corp. received two awards from the ATM Industry Association for ATM technology Feb. 16 in Orlando, Fla.

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CBA rules out ATM fee rise

February 16, 2006

News.com.au: One Australian bank, Commonwealth Bank of Australia, reassured customers that ATM fees will not increase in the near future. But the banks chief…

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Paragon expands reach in Central America, signs deal with TII Smart Solutions

February 15, 2006

HOLLY SPRINGS, N.C. - Paragon Application Systems, a global provider of ATM and EFT configuration, simulation and testing software, signed a comprehensive…

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TNS inks data-network deals with Lincoln Oil, Brabham Oil

February 15, 2006

RESTON, Va. - Transaction Network Services Inc. was selected by Greenville, S.C.-based Lincoln Oil and Bamberg, S.C.-based Brabham Oil to provide network…

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