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Bank / Credit Union News

New bank to bring back old ATM character

April 6, 2003

HARTFORD, Conn. -- The new Connecticut Bank and Trust Co. is bringing back a character called Barney that was used to popularize ATMs in the 1970s.

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Delayed decisions on Triple DES

April 3, 2003

Despite MasterCard's pending April 2005 deadline for Triple DES encryption on ATMs, manufacturers have not yet seen a major increase in orders. Various market…

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Argentine bank doubling ATM network

April 2, 2003

ARGENTINA -- Argentine bank Banco Itau Buen Ayre plans to add more than 100 ATMs to its network of 325 machines during the next 12-18 months, according to a…

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New network offering surcharge-free ATM access

April 1, 2003

WASHINGTON -- Pentagon Federal Credit Union, the nation's third largest credit union with $5 billion in assets and 500,000 members, has become one of the first…

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BANQIT to supply ATMs to leading Swedish bank

March 30, 2003

STOCKHOLM -- SEB, a leading commercial bank with 670 branches in Sweden, Germany and the Baltic states, has signed an agreement with Swedish ATM manufacturer…

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New Barclays ATMs are easy on the eyes

March 30, 2003

LONDON -- Barclays says it is installing nearly 2,000 ATMs with sunlight-readable monitors after customers complained about not being able to read ATM screens…

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Banks offer fee-free ATMs for the military

March 24, 2003

WESTBURY, N.Y. and MINNEAPOLIS, Minn. -- New York Community Bank (NYCB), which is comprised of six banks with a total of 109 branches in New York, New Jersey…

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Japanese bank has problems with newly combined ATM network

March 24, 2003

OSAKA, Japan -- About 3,200 ATMs installed at about 900 branches of banks owned by Resona Holdings Inc. malfunctioned for several hours on March 24, according…

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Moneybox in ATM outsourcing deal with British FI

March 20, 2003

LONDON -- Moneybox Corporation, an independent ATM provider which owns and manages more than 2,100 machines in the UK, has signed an agreement to manage and…

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With war on, banks keeping more ATM cash ready

March 20, 2003

ORLANDO, Fla. -- With the war in Iraq and continued threats of terrorism, the nation's major banks have been accumulating stockpiles of cash in case war…

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Co-Op to offer TDES ATM conversion product to members

March 18, 2003

ONTARIO, Calif. -- To address MasterCard's security mandate that all ATMs be upgraded from DES to Triple DES technology, Co-Op Network and eFunds, its…

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Fleet adds new features to talking ATMs

March 18, 2003

BOSTON -- FleetBoston Financial has added several advanced transactions to its voice guidance or "talking" ATMs.

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Two banks to offer 24/7 ATM access in link with Japan Post

March 16, 2003

TOKYO -- Customers of Japan Post will be able to do their banking at convenience stores under a tie-up between the public postal corporation, Sumitomo Mitsui…

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More Malaysian banks forgo fees for new ATM cards

March 16, 2003

KUALA LUMPUR, Malaysia -- The number of Malaysian banks waiving annual fees for the country's Bankcard, an ATM card embedded with a chip that is expected to…

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Bank CEO contends Canadian ATM surcharges make it hard for small banks to compete

March 13, 2003

OTTOWA, Ontario -- Rising ATM surcharges may suppress competition in the Canadian financial services industry, according to a report in the National Post.

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Wincor Nixdorf to manage Bank of Ireland's off-site network

March 12, 2003

PADERBORN, Germany -- Wincor Nixdorf will set up and run an off-premises network of ATMs for the Bank of Ireland over the next five years.

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Texas credit union is 1st Diebold customer to use Mosaic's Postilion for its ATMs

March 11, 2003

NORTH CANTON, Ohio and DEERFIELD BEACH, Fla. -- Diebold, Incorporated (NYSE: DBD) and Mosaic Software say that Ft. Bliss Federal Credit Union (FCU), a $40…

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India's Swadhan network to end ATM sharing in '04

March 11, 2003

MUMBAI, India -- The Swadhan shared payment network service that was created by the Indian Banks' Association (IBA) in 1997 for its member banks to share their…

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Two minutes to tax refunds for customers

March 10, 2003

HOUSTON - A check-cashing solution involving an ATM manufacturer, a financial services company, a technology solutions provider and a national tax preparation…

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Australia to drop ATM interchange

March 2, 2003

SYDNEY -- The average cost of ATM transactions in Australia is expected to fall with the elimination of ATM interchange fees.

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