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Bank / Credit Union News

Iranian system to connect to Chinese banking network

October 3, 2005

IranMania News: Iran and China have signed an agreement to connect Iran's SHETAB system to the Chinese banking network.

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Mitsubishi UFJ reports ATM glitch

October 3, 2005

Associated Press: Officials from Tokyo's trust-banking unit of Mitsubishi UFJ Financial Group Inc., the world's largest bank, said ATMs had temporary system…

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Retail group sues MasterCard, Visa

October 3, 2005

Datamonitor: Four major merchant associations have filed an antitrust, class-action lawsuit against most of the major credit card issuers in the United…

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Diebold elects Alan Weber to board of directors

October 3, 2005

NORTH CANTON, Ohio - Diebold Inc. announced in a Sept. 30 news release that Alan J. Weber has been elected to the company's board of directors. Weber assumed…

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Fiserv reopens New Orleans facility

October 3, 2005

BROOKFIED, Wis. - Fiserv Inc. announced Oct. 3 that it has reopened its item processing facility in Jefferson Parish, La., a suburb of New Orleans.

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JCB joins MasterCard, Visa in PIN requirements

October 2, 2005

TOKYO - JCB announced in a Sept. 30 news release that it has joined MasterCard International and Visa International's efforts to align PIN entry device…

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Citibank to double ATM network

October 2, 2005

AME Info: Citibank, a member of Citigroup, plans to double its proprietary ATM network across the UAE. The expectation is to have 50 Citibank ATMs conveniently…

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Prepaid MasterCard leans toward convenience, not cost-savings

October 2, 2005

Scotsman.com: The new Cashplus prepaid MasterCard card, which allows consumers to load funds, hit the United Kingdom last month. Customers do not need bank…

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Multifunction ATM caters to casino market

October 2, 2005

LAS VEGAS - Boink Systems Inc., which provides self-service point-of-sale platforms for the gaming, hospitality, food and entertainment industries, along with…

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S1 Postilion drives network for Middle Eastern bank

September 29, 2005

LONDON - Mosaic Software, an S1 Company and provider of payment processing software, announced Sept. 26 that the National Bank of Dubai has implemented its…

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ACI, Nationwide celebrate 20-year relationship

September 29, 2005

WATFORD, England - ACI Worldwide Inc. will provide its Automated Key Distribution System for ATMs and other devices operated by the United Kingdom's Nationwide…

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Automation, CRM bring consumers back to the branch

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September 28, 2005

Over the last decade, branch banking has seen incredible expansion in the United States, with the number of local branches increasing from 55,000 to 70,000.

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College students get ID, debit, ATM capabilities in one card

September 28, 2005

Banking Technology News: When students at the University of North Carolina, Greensboro, and at Mercer University in Macon, Ga., return to school this fall…

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Bank of Guam invests in Opteva ATMs

September 28, 2005

NORTH CANTON, Ohio - The Bank of Guam, the largest financial institution in the Western Pacific and Guam, has invested more than $2 million to buy 66 Diebold…

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Visa adds millionth ATM to network

September 28, 2005

FOSTER CITY, Calif. - The number of ATMs in the Visa global ATM network recently hit one million, a high mark that the company, according to a news release…

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Former Brinks employee admits to ATM cash theft

September 28, 2005

The Boston Globe: Two brothers pleaded guilty in federal court Sept. 26 to stealing $100,000 from an ATM in Wilmington, Mass., in the fall of 2000. One…

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Asia Pay signs with NETS for online processing in Asia

September 28, 2005

BEIJING - Asia Payment Systems Inc. has completed a deal with Singapore-based Network for Electronic Transfers Pte. Ltd., which will provide Asia Payment…

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Two inventors claim shield can prevent ATM compromise

September 27, 2005

Monsters and Critics.com: Two design engineers at England's University of Warwick say they've devised a simple $450 plastic shield that could help eliminate…

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Sagem Denmark receives final Visa PED approval

September 27, 2005

COPENHAGEN, Denmark - Sagem Denmark has received final approval from Visa Corp. for its PIN pad and card-reader modules, according to a news release.

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Collis EMV toolkit covers Visa requirements

September 27, 2005

LEIDEN, Netherlands - Collis, an independent company that focuses on electronic transactions, announced in a news release that its EMV Terminal Toolkit covers…

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