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Bank / Credit Union News

Fiserv, ICBA Bancard extend marketing agreement

August 24, 2004

BROOKFIELD, Wis. - Fiserv, Inc.'s (Nasdaq: FISV) EFT/CNS unit has signed a seven-year extension of a joint marketing agreement with ICBA Bancard, the…

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SouthTrust Bank waives ATM fees in areas hit by hurricane

August 22, 2004

BIRMINGHAM, Ala. - SouthTrust Bank is waiving the fees it normally collects when its customers use non-SouthTrust ATMs has in areas affected by Hurricane…

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BofA highlights ATMs in Olympic ad spot

August 22, 2004

Charlotte Business Journal: In one of Bank of America Corp.'s new 60-second ads airing during the Olympics, employee Dean Kirby says he spends his days…

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Metavante to drive new services for Volkswagen Bank USA

August 16, 2004

MILWAUKEE, Wis. - Volkswagen Bank USA, a wholly owned subsidiary of VW Credit, Inc., has signed a long-term agreement with Metavante Corporation, the financial…

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Transaction processing is going global

August 15, 2004

Royal Bank of Scotland Group plc's decision to buy privately owned merchant acquirer and processor Lynk Systems of Atlanta for $525 million provides proof that…

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State Bank of India to add 2,500 ATMs

August 15, 2004

Financial Express: State Bank of India (SBI) is planning to purchase 2,500 ATMs to bring its network to 6,700 machines by the end of 2004. The banking behemoth…

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Australian bldg. society adding Diebold ATMs with integrated security features

August 15, 2004

NORTH CANTON, Ohio - Australia's largest building society, Heritage, plans a $1.2 million refurbishment of its fleet of ATMs that includes the first-ever use…

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Australian bank implements Phoenix's ATM software

August 12, 2004

SYDNEY -- St. George Bank, Australia's fifth-largest financial institution, has successfully completed its installation of Phoenix Interactive's multi-vendor…

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TD Bank outsources ATM network to HP Canada

August 12, 2004

TORONTO - Hewlett-Packard Canada has won a $420 million (U.S. $318.5 million) outsourcing contract to upgrade and manage TD Bank's network of ATMs and its ATM…

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Crnogorska Komercijalna Banka licenses ACI software

August 4, 2004

WATFORD, United Kingdom - Crnogorska Komercijalna Banka (CKB), the leading bank in the Republic of Montenegro, has licensed three software products from ACI…

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Royal Bank of Scotland to buy Lynk Systems for $525M

August 3, 2004

ATLANTA - Lynk Systems has reached an agreement to be acquired by The Royal Bank of Scotland Group plc, one of the largest financial institutions in the world…

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Commerce Bank waiving ATM fees for NYC youth in employment program

August 2, 2004

NEW YORK - Commerce Bank will waive ATM fees for more than 33,000 youth enrolled in the New York City Summer Youth Employment Program (SYEP).

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Fiserv extends EFT agreements with 2 FIs

August 2, 2004

BROOKFIELD, Wis. - Fiserv, Inc.'s (Nasdaq: FISV)  EFT/CNS unit has extended its EFT processing agreements with two financial institutions in the Northeast.

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PDNB now services more than 12,000 ATMs

August 1, 2004

PALM DESERT, Calif. - The Electronic Banking Solutions division of Palm Desert National Bank (PDNB) says that in less than a year it has doubled the number of…

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Moneybox to operate branch ATMs for German bank

August 1, 2004

LONDON - GE Money Bank, a provider of financial products and services in the German consumer banking market, has expanded its current relationship with…

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Detroit council to vote on ordinance requiring emergency call system at ATMs

July 27, 2004

DETROIT - Detroit could become the first major city in the country to require banks to install 911 emergency-call buttons on exterior ATMs if the Detroit City…

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Updated ATMs part of Chase retail expansion

July 25, 2004

NEW YORK - J.P. Morgan Chase has more than 400 branches in the Big Apple -- more than any other bank in the city. Yet Chase is opening another 16 branches this…

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Many factors influence ATM migration to Windows OS

by Sherry Yang

July 22, 2004

Streamlining ATM operations is the main factor in the migration away from an OS/2 ATM operating system to Microsoft Windows, according to research conducted by…

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Wachovia chooses Transoft's currency management system

July 22, 2004

Wachovia instituted Transoft's OptiCa$h system but branches didn't utilize it fully. Wachovia's John Morris discovered this and began an education campaign.

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Some Malaysian banks extend ATM operating hours

July 22, 2004

KUALA LUMPUR - Eight bank members of the Malaysian Electronic Payment System (MEPS) shared network have increased their ATM  operating hours to 20.

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