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Bank / Credit Union News

Co-Op Network's paper addresses ATM industry changes

March 14, 2004

ONTARIO, Calif. - Co-Op Network has issued a white paper titled "Managing ATM Capital Investments: Strategies for Credit Unions," which provides a guide for…

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Fujitsu signs NY-area ATM reseller

March 10, 2004

FRISCO, Texas - Fujitsu Transaction Solutions has enlisted Seibold Security as its exclusive business partner for Fujitsu's Series 8000 and Series 7000 ATMs in…

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Govt. clears BofA, Fleet merger

March 9, 2004

WASHINGTON - The Federal Reserve has cleared the way for Bank of America and FleetBoston Financial Corp. to combine and form a banking powerhouse with nearly…

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Some FIs moved by ATMs

March 8, 2004

A rolling ATM gathers customers. At least that's been the experience of some financial institutions that have added mobile machines to their ATM programs.

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S. Korean banks increasing ATM fees

March 7, 2004

SEOUL, South Korea - Because regulators are not empowered to limit the ceiling on ATM access charges, several large commercial banks have hiked the fees over…

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Fiserv venture in outsourcing deal with National Bank of Canada

March 7, 2004

MONTREAL - The National Bank of Canada has signed a 10-year outsourcing deal valued at $368 million with a joint venture between Brookfield Wis.-based Fiserv…

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Chicago suburb's govt. to get cut of ATM fees

March 4, 2004

ELMHURST, Ill. - Under an agreement approved this week, Elmhurst's city government will benefit every time someone uses an ATM at the Metra train platform in…

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U.S. Bank waives ATM access fee for Calif. EBT recipients

March 2, 2004

LOS ANGELES - U.S. Bank is waiving its non-account holder access fee for California EBT recipients at all U.S. Bank ATMs in the state.

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IBM, Wincor Nixdorf, Jack Henry team to offer ATM solutions

March 1, 2004

LAS VEGAS - IBM has teamed with business partners Jack Henry & Associates, Inc. and Wincor Nixdorf to deliver advanced Web-enabled ATM solutions to…

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Mosaic/Diebold reseller agreement a success

March 1, 2004

NORTH CANTON, Ohio - Since signing a reseller agreement with Mosaic Software in September 2002, Diebold, Incorporated (NYSE: DBD - News) says that more than 3…

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RBC Royal Bank in retail ATM expansion mode

February 29, 2004

TORONTO - RBC Royal Bank is expanding its network of ATMs at Irving mainways locations.

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Bank of India outsources core banking to HP

February 29, 2004

BANGALORE, India - In one of the biggest IT deals in India, HP has signed a 10-year outsourcing contract from Bank of India (BoI), valued at $150 million.

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India's two shared ATM networks in talks to offer reciprocal access

February 26, 2004

MUMBAI, India - India Switch Company (ISC) has launched Bancs, a national EFT network for debit, credit and related services.

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Global Axcess in marketing agreement with Credit Union 24

February 25, 2004

PONTE VEDRA BEACH, Fla. - Global Axcess Corp. has signed an agreement with Credit Union 24 to gain direct access to Credit Union 24's network of 400 credit…

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eFunds continues to drive ATMs for Encore Electronic Services

February 24, 2004

SCOTTSDALE, Ariz. - Scottsdale-based eFunds Corp., a provider of risk management, electronic payments, ATM and global outsourcing solutions, has renewed its…

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Japanese bank to use biometrics to boost ATM security

February 23, 2004

TOKYO - Bank of Tokyo-Mitsubishi, one of Japan's top four banks, plans to introduce a new biometric security system for ATMs which can identify customers from…

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Study finds marketing influences consumer adoption of electronic banking

February 19, 2004

COLUMBUS, Ohio - According to an Ohio State University study, it's not just the young, educated and affluent who are interested in ATMs and online banking.

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Hong Kong banks adopting ATM security measures

February 16, 2004

HONG KONG - Fewer than half the banks polled in a Consumer Council survey say they have installed closed-circuit TV cameras to monitor their ATMs in an attempt…

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BofA facing Calif. lawsuit over ATM fees disclosure

February 12, 2004

LOS ANGELES - California consumers have filed a lawsuit claiming that Bank of America failed to adequately disclose certain fees at ATMs.The suit, filed along…

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Co-Op Network extends ATM branding relationship with eFunds

February 10, 2004

SCOTTSDALE, Ariz. - eFunds Corporation (NYSE: EFD) has extended its long-standing partnership with Co-Op Network, the largest credit union EFT network in the…

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