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Bank / Credit Union News

First Data fends off money transfer challenge from banks -- so far

July 30, 2003

GREENWOOD VILLAGE, Colo. -- First Data Corp., which handles more money transfers from the U.S. to Mexico than any other firm through its Western Union unit…

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Poll shows Americans favor bank branches

July 29, 2003

CHICAGO -- "Banking customers still love bricks and mortar," said Frank Newport, editor-in-chief of the Gallup Tuesday Briefing, a weekly online newsletter.

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German bank adds more ATMs to cash management agreement with Euronet

July 29, 2003

LEAWOOD, Kansas and MUNICH -- Payments provider Euronet Worldwide, Inc. (Nasdaq:EEFT) has expanded the scope of a cash management outsourcing agreement with…

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BB&T to drive its ATMs with ACI's BASE24-es

July 28, 2003

OMAHA, Neb. -- BB&T Corporation, the 11th largest financial holding company in the U.S. with over $91 billion in assets, has licensed ACI Worldwide's…

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Indian ATM access grows with CashTree shared network

July 27, 2003

HYDERABAD, India -- Five public sector banks -- Syndicate Bank, Bank of India, Indian Bank, United Bank of India and Union Bank of India -- have created a…

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Malaysian economist predicts bigger payment role for banks with intro of chip card

July 27, 2003

KUALA LUMPUR, Malaysia -- The introduction of BankCard, a chip-based, multi-purpose payment card that includes ATM, debit and e-cash functions, will likely…

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Bank 'bills' it, hopes customers come to ATM

July 24, 2003

FleetBoston Financial has taken advantage of a new Web-enabled ATM platform to roll out bill payment on 75 of its machines. Bill payment gave Fleet an…

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Euronet joint venture serves 10 Serbian banks

July 23, 2003

LEAWOOD, Kansas and BELGRADE, Serbia -- EuroPlanet, Euronet Worldwide's (Nasdaq: EEFT) joint venture in Serbia, has signed its 10th bank customer for EFT…

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Allpoint ATM network adds new members, raises more capital

July 23, 2003

BETHESDA, Md. -- The Allpoint surcharge-free ATM network says that it has signed 12 newcustomers, including SEFCU, one of the nation's largest credit unions…

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2 FIs join Nationwide Money's branded ATM program

July 21, 2003

PONTE VEDRA, Fla. -- Two Virginia-based financial institutions, Franklin's Bronco Federal Credit Union and Richmond's Consolidated Bank & Trust, have…

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E*Trade closes Target Zones as part of cost-cutting effort

July 20, 2003

MENLO PARK, Calif. -- E*Trade Group, Inc. (NYSE: ET - News) closed its New York Center and 43 E*Trade Financial Target Zones in 2003's second quarter, part of…

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9 Ohio FIs expand ATM networks through Key's Agent Bank program

July 15, 2003

CLEVELAND -- KeyCorp (NYSE: KEY) says it has signed contracts with nine additional financial institutions in Ohio to provide their customers and members with…

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Who's who: Bill Jackson

July 13, 2003

Bill Jackson, Triton's chief technology officer, has earned a reputation as both a literal and a figurative straight shooter. Jackson has had a hand in…

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Fiserv to pay $218M for EDS' credit union group

July 13, 2003

BROOKFIELD, Wis., and PLANO, Texas -- Fiserv, Inc. (Nasdaq: FISV) says it will acquire the EDS Credit Union Industry Group (CUIG) from Electronic Data Systems…

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New program allows ATM deposits into brokerage accounts

July 9, 2003

WILMINGTON, Del. -- PFPC, a member of The PNC Financial Services Group, Inc. (NYSE: PNC) and the nation's largest full-service mutual fund transfer agent and…

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Bank One changes ATM deposit policy

July 9, 2003

CHICAGO -- Bank One customers will soon have fewer places to make deposits, according to an Associated Press report.   Beginning Aug. 1, Bank One will no…

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Chase ups tech factor at Houston branches

July 7, 2003

HOUSTON -- New York-based JPMorgan Chase is trying to win Houston banking consumers with branches that feature such high-tech amenities as Internet kiosks…

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Bank One makes major ATM investment in Chicago

July 1, 2003

CHICAGO -- Bank One (NYSE: ONE) will invest $20 million in 2003 on improvements to Chicago-area branches and ATMs.

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UAE's Central Bank recommends replacement of older ATMs

June 29, 2003

ABU DHABI, United Arab Emirates -- Banks may invest millions of dirhams to replace their older ATMs in line with a recent recommendation by the UAE's Central…

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