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Bank / Credit Union News

French bank using NCR ATMs for cash handling project

June 25, 2003

LONDON -- BRED, the largest regional bank of the Banque Populaire Group, and NCR Corporation (NYSE:NCR) have signed an agreement to replace 320 ATMs at the…

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Another Chinese bank orders ATMs from Wincor Nixdorf

June 24, 2003

PADERBORN, Germany -- China Postal Savings Henan (CPS), which installed 30 self-service terminals from Wincor Nixdorf in 2002, has ordered an additional 10…

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Industry watchers predict bank branch boom

June 19, 2003

NEW YORK -- Though bank branches were supposed to vanish in the wake of ATMs, the Internet and telephone banking, U.S. branches actually grew 29 percent in the…

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Fiserv in negotiations to buy EDS' credit union business

June 18, 2003

BROOKFIELD, Wisc. -- Fiserv, Inc. (Nasdaq: FISV) says it is negotiating with EDS Corp. (NYSE: EDS) to acquire EDS' credit union industry group.

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BofA offers surcharge-free ATMs in Mexico

June 17, 2003

CHARLOTTE, N.C. -- Bank of America is offering its cardholders surcharge-free access at 1,770 Mexican ATMs owned by Spanish bank Santander Serfin. BofA…

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NAB to pull most of its ATMs from gambling venues

June 9, 2003

MELBOURNE, Australia -- Concerns about problem gambling have led the National Australia Bank to withdraw nearly all its ATMs from gambling venues by Oct. 1…

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Russian card base, ATM use growing -- but lag behind other countries

June 1, 2003

MOSCOW -- Bank card use in Russia has skyrocketed in the past year, but analysts say that Russians still rely heavily on cash.

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Co-Op Network gets more global, with UN its newest member

May 29, 2003

ONTARIO, Calif. -- United Nations Federal Credit Union, (UNFCU), with a worldwide membership consisting of staff from the UN and its agencies, UN retirees and…

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ATMIA criticizes Australian council's plan to tax ATMs

May 28, 2003

BROOKINGS, S.D. -- The ATM Industry Association (ATMIA) criticized plans by Australia's Bathurst City Council to implement a footpath rental charge for certain…

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Supreme Court refuses to hear ATM surcharge case

May 27, 2003

SAN FRANCISCO -- Efforts by two California cities to outlaw ATM fee surcharges ended with the Supreme Court's refusal to consider an appeal from San Francisco…

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NCR signs deals with 2 Chinese banks

May 22, 2003

BEIJING -- NCR Corporation (NYSE: NCR) has won two deals with Bank of Communications and Agricultural Credit Union Bank in China with a combined value of more…

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Host security module maker targets credit unions with marketing alliance

May 12, 2003

ROCKLIN, Calif. -- Futurex, Inc., a provider of payment security products for the financial industry, has formed a strategic alliance with XP Systems, a unit…

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Japan's ATM-only IYBank still not in the black

May 11, 2003

TOKYO -- IYBank, the branch-free bank that offers services via its 24-hour ATM network, reported a net loss of 8.1 billion yen (about $69.3 million U.S.) in…

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Euronet gets go-ahead for shared ATM network in India

May 8, 2003

MUMBAI, India -- Reserve Bank of India has accelerated the race for the creation of shared ATM networks by allowing the first independent private sector…

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In Canada, complaints related to ATM fees up

May 7, 2003

OTTAWA, Ontario -- The Financial Consumer Agency of Canada (FCAC) received 1,146 complaints and inquiries relating to bank fees from January through March…

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NCR's ImageMark reduces Fleet's manual entry of ATM deposits

May 6, 2003

DAYTON, Ohio -- FleetBoston Financial (NYSE:FBF) has completed the initial conversion of two processing sites for envelopes deposited in ATMs located in…

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Indian bank provides MMS-based ATM locator

May 5, 2003

MUMBAI, India -- India's IDBI Bank has created a new customer service application using Multimedia Messaging Service (MMS), that will allow consumers to…

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ATM users in New Zealand, UK take advantage of cash cassette errors

May 4, 2003

NEWMARKET, New Zealand -- Customers flocked to an ANZ ATM in Newmarket after word spread that the machine was dispensing $50 notes instead of $20s.

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More U.S. banks provide ATM-based money transfers to Mexico

May 4, 2003

NEW YORK -- Two more American financial institutions have introduced money transfer services that allow users to transfer funds to Mexico and other countries…

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Another large credit union joins Co-Op Network

April 29, 2003

ONTARIO, Calif. -- United Airlines Employees' Credit Union (UAECU), the sixth largest credit union in the country with more than $4 billion in assets and more…

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