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Bank / Credit Union News

PayStar completes sale of prepaid card division

November 2, 2005

LODI, Calif. - PayStar Corp., an investment holding company with assets in providers of stored-value debit cards and kiosk marketing and management firms, has…

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UMB brands ATMs in Oklahoma Walgreens

November 2, 2005

The Kansas City Star: UMB Bank has branded ATMs in 60 Walgreen Co. drug stores in Oklahoma through a deal with eFunds Corp. The entire contract agreement…

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ArcaTech Systems to distribute PIN pads for Sagem Denmark

November 2, 2005

MEBANE, N.C. - Sagem Denmark has selected ArcaTech Systems to distribute its Triple DES PIN pads, according to a news release.

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NACHA approves news rules for check conversion

November 2, 2005

HERNDON, Va. - The voting members of NACHA - The Electronic Payments Association have approved an amendment to the NACHA Operating Rules, according to a news…

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NCR to open ATM plant in Hungary

November 1, 2005

DAYTON, Ohio - NCR Corp. is expected to open an ATM manufacturing plant in Budapest, Hungary, according to a news release. The plant, NCR's sixth regional…

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Cardtronics posts 3Q revenue increase, net loss

November 1, 2005

HOUSTON - Cardtronics Inc.'s third-quarter revenues for the period ended Sept. 30 totaled $71.7 million, a 13 percent increase from the same period last year.

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First American buys public-sector payments provider

November 1, 2005

FORT WORTH, Texas - First American Payment Systems LP, a merchant processing acquirer, has acquired Arlington, Va.-based Govolution Inc. for an undisclosed…

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Wincor wins CIFTEE 2005 award for cash recycling system

November 1, 2005

PADERBORN, Germany - Wincor Nixdorf's new cassette-based cash recycling system, the ProCash 4000, received the "Best Product at CIFTEE 2005" award during the…

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HSBC takes charitable donations at its ATMs

October 31, 2005

Reuters: Bank customers in the United Kingdom will be able to make donations to charity through ATMs, according to HSBC, which beginning Nov. 1 is introducing…

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Maryland bank signs with Star Network

October 31, 2005

DENVER - Maryland-based Provident Bank has renewed its relationship with First Data Corp.'s Star Network for PIN-secured debit services.

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Banks battle for ATM hot spots

October 31, 2005

Las Vegas Business Press: The number of ATMs in the United States has sparked competition between banks and independent operators. Retailers also are realizing…

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ABA appoints preparedness task force

October 31, 2005

WASHINGTON - In the wake of recent natural disasters, the American Bankers Association, in alliance with the state bankers associations, has appointed a Joint…

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Cell phones plug Africa's poor into mobile banking

October 31, 2005

Reuters: Mobile technology has already revolutionized communications in Africa, the world's poorest continent, bringing phones to millions of poor and isolated…

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Wincor names U.S. appointments

October 31, 2005

AUSTIN, Texas - Wincor Nixdorf officials announced in a Nov. 1 news release that John Tyler and Bill Raymond will now be serving in key roles for Wincor…

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IBM adds ATM encryption facility to z/OS

October 31, 2005

Information Week: IBM announced last week the availability of encryption software and plans for enhanced encryption security for ATMs. IBM's ATM encryption…

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South African banks make move toward biometrics

October 30, 2005

Independent Online: Major banks in South Africa are investigating the use of fingerprint identification at ATMs. Absa Bank has already started preparing for…

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Cash is king during power outages

October 30, 2005

The Miami Herald: Miami-area banks said they had plenty of cash on hand to service South Florida's post-storm cash-based economy. Branch locations are opening…

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Chicago bank signs with First Data's STARsf

October 30, 2005

CHICAGO - MB Financial Bank is expanding its surcharge-free network by 550 ATMs in the Chicago area through STARsf Surcharge-Free Access, a program offered by…

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NCR's 3Q earnings soar

October 27, 2005

DAYTON, Ohio - While Diebold Inc. reported a drop in third-quarter profit from 2004, ATM rival NCR Corp. reported profit growth from the previous year. (Read…

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Card processors see potential in prepaid market

October 27, 2005

ePaynews.com: Card processors stand to benefit from prepaid debit and stored-value card transactions, with projections of $1.8 billion in revenue in 2005. A…

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