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Bank / Credit Union News

ATM branding saves time, reduces hassle

October 12, 2005

Financial institutions (FIs) invest time and big bucks into their ATM channels. From technology to placement, FIs are putting ATM networks at the forefront…

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Swidarski, Krakora named to key positions at Diebold

October 12, 2005

NORTH CANTON, Ohio -- Diebold Inc. has named a new president and chief financial officer, according to a news release issued Oct. 12.

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OpenTech Systems releases new encryption solution

October 12, 2005

LEWISVILLE, Texas - OpenTech Systems Inc. announced in a news release the availability of a new tape data encryption utility called CopyCrypt.

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Efmark expands U.S. presence

October 12, 2005

WESTMONT, Ill. - Efmark Premium Armored announced in a news release a significant expansion in the United States. The expansion adds 11 new branches to…

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Euronet acquires Instreamline S.A. in Greece

October 11, 2005

LEAWOOD, Kan. - Euronet Worldwide's Greek subsidiary, Euronet EFT Services Hellas EPE, has acquired Instreamline S.A., according to a news release.

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Keeping an eye on the ATM

October 11, 2005

Fraudsters today need only search the Internet to find a wide array of inexpensive devices that can be attached to an ATM in order to skim personal information.

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ATM outsourcing growth to continue

October 11, 2005

ATM outsourcing is a relatively new phenomenon in the United States. Historically, financial institutions (FIs) owned, operated and managed their own networks.

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Cutting costs on key management

October 11, 2005

Updating cryptographic keys at ATMs is becoming a fact of life for financial institutions (FIs). And for most machines, that means having two technicians visit…

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Bringing the ATM out of the silo

October 11, 2005

The ATM channel is one of the financial industry's most valuable consumer touchpoints because, away from teller and online-banking channels, the ATM is the…

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Check-cashing one gateway to the unbanked

October 11, 2005

Dr. Larry Schulz of The Federal Reserve Bank of Atlanta told a group of investors at September's Unbanked Financial Services Innovation 2005 conference in San…

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Relearning old tricks to reach unbanked consumers

by Tracy Kitten — Editor, AMC

October 11, 2005

Private investors and company executives are trying out products that reach the unbanked. Last month, the two met in San Francisco to talk about those products…

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Axalto provides smart cards for KeyBank

October 11, 2005

AUSTIN, Texas - Axalto, which provides microprocessor cards, is supplying more than 2 million MasterCard PayPass cards to KeyBank for the first contactless…

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Metavante makes government move with deal for Link2Gov

October 11, 2005

Digital Transactions: Metavante Corp. is buying Link2Gov Corp., a 10-year-old payments processor for governmental agencies, utilities and healthcare. Terms of…

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Wincor sells 120 ATMs to Kenyan ATM network

October 10, 2005

PADERBORN, Germany - PesaPoint, the first independent Kenyan ATM operator, has ordered 120 ProCash 1500xe ATMs from Wincor Nixdorf, according to a news…

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Tidel, Symstream join forces for wireless connectivity in Indonesia

October 10, 2005

JAKARTA, Indonesia - Strategic partners Tidel and the Symstream Technology Group announced the launch of Symstream's wireless technology at the Excelcomindo…

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ReD confirms interest in buying related business

October 10, 2005

Digital Transactions: In a statement released Oct. 7, Retail Decisions PLC confirmed it is seeking to buy an unnamed company "whose key activities are…

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NexTran, Cash Carriers team to sell ATM-kiosk

October 10, 2005

SOUTH HACKENSACK, N.J. - Texas-based Cash Carriers U.S.A. will now sell NexTran's ComNet 1000 ATM with Cash Carrier's Texas Titan ATM kiosk enclosure.

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Nashua Corp. settles patent lawsuit

October 10, 2005

NASHUA, N.H. - Nashua Corp., which manufactures thermal-coated papers for ATMs and other devices, announced Oct. 11 that it and Océ Printing Systems GmbH have…

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BofA to sell credit cards at ATMs

October 9, 2005

Charlotte Business Journal: Bank of America  is working to put its vast ATM network to use - selling credit cards. Before the end of the year, the…

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Privacy concerns, expense keep biometrics at bay in U.S.

October 9, 2005

Associated Press: Colombia is one of the few places in the world where banks are using fingerprint biometrics to verify an ATM customer's identity. That type…

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