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Bank / Credit Union News

IT spending grows in 2005

August 21, 2005

Boston Business Journal: Investments in information technology have been on the rise since the beginning of 2004 and have continued to grow, according to the…

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Fed publishes proposed amendments to Reg E

August 21, 2005

WASHINGTON - The Federal Reserve Board has published proposed amendments to Regulation E and the regulation's official staff commentary, which clarify the…

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Fifth Third renews contract with New Jersey bank

August 21, 2005

CINCINNATI - Fifth Third Processing Solutions announced in an Aug. 19 news release that The Provident Bank has renewed its five-year contract with Fifth Third…

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New ATM gets rid of envelopes

August 21, 2005

The Miami Herald: New ATMs that let customers deposit checks and cash without an envelope are popping up at Bank of America Corp. sites. The Charlotte-based…

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African bank offers cell-phone banking

August 21, 2005

Financial Mail: Freed of the constraints of legacy systems, Africa's Standard Bank is going after the mass market through a joint venture with cellular network…

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Firms cash in on selling personal information

August 21, 2005

Los Angeles Times: Records that ChoicePoint Inc. held for about 150,000 people were released to identity thieves who scammed their way into ChoicePoint's…

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Cash Connect's parent named top bank by U.S. Banker

August 18, 2005

WILMINGTON, Del. – WSFS Financial Corp., the parent company of WSFS Bank and Cash Connect ATM Solutions, announced in a news release that for the third…

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Miss. credit union region's first with 'no envelope' ATM

August 18, 2005

MOSS POINT, Miss. – Working with NCR Corp., Singing River Federal Credit Union is slated to be the first financial institution in Mississippi to offer ATMs…

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U.S. Bank, Phoenix Interactive to expand Prodigy ATM rollout

August 18, 2005

MINNEAPOLIS, Minn. - U.S. Bank and Phoenix Interactive Design announced in an Aug. 18 news release that Prodigy ATM (powered by Phoenix's VISTAatm) has…

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NCR receives EMV Level 2 authorization

August 17, 2005

AUGSBURG, Germany - NCR Corp. is the first company in Germany to receive EMV Level 2 authorization for a Windows-based ATM software program from Germany's…

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ChoicePoint provides i.d. verification at AmStar ATMs

August 17, 2005

CARROLLTON, Texas - AmStar Systems Inc., a self-service financial kiosk manufacturer, has selected ChoicePoint as a service provider to help the company meet…

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Wausau names new president of payment solutions

August 17, 2005

MOSINEE, Wis. - Wausau Financial Systems, a leading financial systems and services provider, named Nancy Langer president of payment solutions last month.

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Stored-value ATM/debit card development deal signed

August 15, 2005

The Wisemarketer.com: Morgan Beaumont, a technology solution provider to the stored value and debit card market and owner of the SIRE Network, and Meta Payment…

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ATM fraud in Africa highest in Eastern Cape

August 15, 2005

iafrica.com: ATM fraud is the most prevalent in the Eastern Cape of Africa, where the use of bank cards is very high, Johannesburg's First National Bank said.

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New York bank uses S1 Postilion to drive ATMs in-house

August 15, 2005

DEERFIELD BEACH, Fla. - Mosaic Software, an S1 Corp. company and global transaction processing solutions provider, announced in an Aug. 16 news release that…

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NetBank offers new service options

August 15, 2005

JACKSON, Miss. ¾ NetBank Payment Systems Inc., an end-to-end provider for payment processing solutions and a subsidiary of NetBank, announced in an Aug. 1…

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ANALYSIS: A look at encryption, from then to now

by

August 14, 2005

Steve Weingart, a cryptography expert, examines the future of Triple DES by recapping encryption's history.

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Indian call centers sell off card details

August 14, 2005

ABC News Online: Personal information is being made available illegally by workers inside Indian call centers, which is placing tens of thousands of…

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CR2 software used on first ATMs to launch in Sudan

August 14, 2005

DUBLIN - CR2, a provider of channel banking software solutions, announced in an Aug. 12 news release that Omdurman National Bank has successfully launched and…

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Wincor signs ATM service contract with British bank

August 14, 2005

PADERBORN, Germany - Wincor Nixdorf announced in a news release that it has signed a contract with Britain's Co-operative Bank to provide end-to-end ATM…

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