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Bank / Credit Union News

Online banking starting to click with consumers

February 8, 2004

NEW JERSEY - More and more Americans are banking with a keyboard, mouse and monitor.In 1995, when Web-based banking was launched, customers in 600,000 American…

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Bank One adding ATMs, branches in Chicago

February 5, 2004

CHICAGO - Bank One, which last month agreed to be bought by New York-based J.P. Morgan Chase & Co., appears eager to convince Chicagoans that it's still a…

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E*Trade Financial to open 1st new branches in '04

February 4, 2004

NEW YORK - E*Trade Financial Corp. -- which once advocated a branch-less approach to banking -- plans to open its first small branches this year, a new move…

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Wincor Nixdorf to supply 100 ATMs for $5.9B FI

February 3, 2004

AUSTIN, Texas - Susquehanna Bancshares Inc., a $5.9 billion financial services holding company, will install approximately 100 Wincor Nixdorf ProCash ATMs -…

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Chicago's First American Bank to drive ATMs with Mosaic software

February 3, 2004

DEERFIELD BEACH, Fla. - Chicago based First American Bank has chosen Mosaic Software's Postilion software to provide ATM driving, as well as transaction…

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PNC to use NCR for check imaging, archiving

February 1, 2004

DAYTON, Ohio - PNC Bank (NYSE: PNC) has selected NCR Corporation's (NYSE: NCR) ImageMark Archive solution as its new all-items image archive for…

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Kenyan bank promos new ATMs with contest

February 1, 2004

NAIROBI, Kenya - I&M Bank has begun promoting its recently launched ATM services.

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Check 21 passes House, could boost use of imaging technology at ATMs

January 26, 2004

CHARLOTTE, N.C. -- Pete Frank, head of Wachovia Corp.'s check-processing operations, is heartened by the recent House passage of the Check 21 Act.

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National network troubles impact Japan's ATMs

January 26, 2004

TOKYO - Japan's banks were hit on Jan. 26 by failures in the new national ATM network.

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Royal Bank adding more Esso ATM locations

January 25, 2004

TORONTO - Royal Bank of Canada recently installed its 500th RBC Royal Bank ATM at an Esso retail site in Oakville, Ontario.

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Passage of Check 21 advances idea of check imaging at ATM

January 24, 2004

Both the House and the Senate recently approved legislation that may dramatically alter the way financial institutions process checks.

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Co-Op Network adds ATMs, members, transactions in '03

January 20, 2004

ONTARIO, Calif. - The Co-Op Network's transaction volume reached 826 million in 2003, a 29 percent increase from the previous benchmark set in 2002.

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Indian region gets 1st drive-up ATM

January 18, 2004

HYDERABAD, India - The State Bank of India (SBI) is introducing the region's first drive-up ATM at the bank's main branch in Koti, according to a Times of…

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Japanese banks experiment with increasing ATM hours

January 18, 2004

TOKYO - Round-the-clock ATM service could become more commonplace in Japan in the near future, according to a report in Japan Times.

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Another bank megamerger: Morgan Chase buying Bank One

January 14, 2004

CHICAGO - Bank One Corp. will be purchased by New York-based J.P. Morgan Chase & Co. for about $55.1 billion in stock.

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IBM to supply 600 Wincor Nixdorf ATMs to Desjardins Group

January 13, 2004

MONTREAL - Desjardins Group has signed an agreement valued at $20 million with IBM Canada Ltd. to modernize its ATM network to provide new financial services…

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Bank of China signs $36M deal with NCR

January 12, 2004

BEIJING - NCR Corporation (NYSE: NCR) has signed a contract worth $36 million with the Bank of China, the majority of the bank's financial self-service…

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Rise in ATM usage benefits banks' bottom lines in El Salvador

January 8, 2004

EL SALVADOR - El Salvador's banks expect fee income to have risen in 2003 compared to the previous year because more residents are using electronic banking…

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National City making $30M ATM investment

January 7, 2004

CLEVELAND, Ohio - National City Corporation will spend $30 million to replace or upgrade its network of 1,580 ATMs during the next 30 months, according to a…

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Concerns about payroll cards grow along with popularity

January 7, 2004

WASHINGTON, D.C. - Introduced in the late 1990s, the popularity of payroll cards has grown in the past two years, especially as Visa and MasterCard started…

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