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Bank / Credit Union News

SARS scare hits Beijing's ATMs

April 28, 2003

BEIJING -- Some Chinese banks are quarantined banknotes for 24 hours before circulating them and are encouraging the use of bank cards in an attempt to halt…

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Pakistan's banks in new shared ATM switch

April 27, 2003

KARACHI, Pakistan -- A nationwide interbank shared ATM network switch launched on April 25 at the head office of ABN-AMRO Bank, according to a report in the…

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State Bank of India to install 1,500 NCR ATMs

April 27, 2003

MUMBAI, India -- State Bank of India (SBI) will install about 1,500 NCR ATMs over the next 18 months, according to the Hindustan Times.

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Dubai Bank to install ATMs at service stations

April 27, 2003

DUBAI, United Arab Emirates -- Dubai Bank will install ATMs at an unspecified number of Emarat service stations, according to a report in AME Info.

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CUNA promotes Diebold's Opteva ATMs

April 23, 2003

NORTH CANTON, Ohio -- The Credit Union National Association (CUNA) is promotingDiebold, Incorporated's (NYSE: DBD) new line of ATMs, Opteva, to its members…

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Wells Fargo to use Carreker software to archive check images

April 23, 2003

DALLAS -- Carreker Corporation (Nasdaq: CANIE), says that Wells Fargo (NYSE: WFC) has acquired the Carreker suite of image processing archive and capture…

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Russian bank orders more BANQIT ATMs

April 23, 2003

STOCKHOLM, Sweden -- Russia's Sberbak, which has deployed more than 900 BANQIT Q-Cash ATMs, has placed an order for more than 300 additional ATMs.

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Group of Kenyan banks sharing ATMs

April 21, 2003

KENYA -- Small and medium-sized banks in Kenya are launching shared ATM services, according to the Financial Standard.

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Survey finds bank customers like idea of ATM receipt with check image

April 20, 2003

DAYTON, Ohio -- More than half of U.S. consumers with bank accounts would be more likely to make a deposit at an ATM if their bank provided an ATM receipt with…

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India's ICICI Bank investigating rumor that triggered ATM rush

April 17, 2003

MUMBAI, India -- ICICI Bank has appointed a one-man inquiry committee, headed by former chief justice of India P N Bhagwati, to investigate the run on the…

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More of India's state-run banks to share ATMs

April 15, 2003

MUMBAI, India -- More state-run banks are moving to enter the world of the shared online ATM network, with Bank of Maharashtra (BoM), Dena Bank, Oriental Bank…

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Consumers increasingly unhappy with how banks handle unauthorized ATM transactions

April 15, 2003

LOS ANGELES -- There appears to be a growing friction between banks and customers claiming losses, as crooks use increasingly innovative tactics to appropriate…

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In Thailand, ATM transactions grow as branches shrink

April 14, 2003

BANGKOK, Thailand -- During the past several years, the number of bank micro-branches, located in shopping centers, supermarkets, schools and even in hotels…

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With ICBC move, China's 'Big 4' banks all collecting foreign ATM fees

April 14, 2003

SHANGHAI, China -- The Industrial and Commercial Bank of China (ICBC)'s move to charge its cardholders two yuan (about 24 cents) for each ATM withdrawal from a…

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In India, rumor causes rush on ICICI Bank's ATMs

April 13, 2003

AHMEDABAD, India -- Spooked depositors with accounts at ICICI Bank rushed the bank's ATMs on April 11 following a rumor that the bank was experiencing problems…

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Bank expands ATM agreement with Kwik Fill/Red Apple

April 10, 2003

WARREN, Pa. -- Northwest Savings Bank (Nasdaq: NWSB - News) has expanded its ATM deployment agreement with Kwik Fill/Red Apple Food Marts, a subsidiary of the…

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WFS to address Check 21, impact on imaging at expo

April 10, 2003

MOSINEE, Wis. -- Andy Kurtz, a senior product manager at Wausau Financial Systems (WFS), will speak about industry and regulatory changes related to imaging…

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State Bank of India, four other banks to link ATMs

April 9, 2003

CHENNAI, India -- Five public sector banks -- Bank of India, Indian Bank, Syndicate Bank, United Bank of India and Punjab National Bank -- are linking their…

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Survey finds foreign ATM fees rising

April 8, 2003

CHICAGO -- While the ATM surcharge seems to have stabilized somewhat, foreign fees charged by banks when their customers use ATMs out of their network are…

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Report predicts more personal service, coffee, couches in European bank branches

April 6, 2003

LONDON -- A new report from UK-based consutling firm Datamonitor predicts that bank branches, which continue to be important than the Internet or call centers…

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