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Bank / Credit Union News

BankNorth rebates some ATM fees in Mass.

May 14, 2002

BOSTON -- An editing error will cost BankNorth Massachusetts an estimated $25,000 in ATM fees that it must return to several thousand people who became…

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pieNetworks slices into Australian financial market

May 14, 2002

PERTH, Australia -- Australian kiosk developer pieNetworks Ltd., expanding its base in the Australian financial sector, has reached a deal to supply a line of…

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IY Bank says human error led to double billing

May 13, 2002

TOKYO -- IY Bank, the banking unit of retailer Ito-Yokado Co., said on May 13 that 4,000 accounts were erroneously double-billed for monthly fees.

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NCR to supply ATMs, maintenance to two Indian banks

May 13, 2002

LONDON -- NCR Corporation says it has concluded ATM and maintenance services deals with a combined value of more than $10 million with two major Indian banks…

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NCR rolling out advanced deposit taking in UK, Chile

May 12, 2002

LONDON -- Nationwide Building Society will roll out 141 NCR-manufactured "intelligent deposit" ATMs in 81 branches by the end of 2002. 

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CO-OP CEO hints at international expansion at annual meeting

May 9, 2002

LAS VEGAS -- At the 2002 CO-OP Network Conference and Annual Shareholders' Meeting at the Venetian Hotel, CO-OP Network President and CEO Robert Rose hinted at…

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Japan's IYBank opens ATMs to credit card companies

May 8, 2002

TOKYO -- Japan's IYBank, a settlement-only bank owned by supermarket chain Ito-Yokado Co., will give four credit card companies access to its ATMs at…

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Argentine networks look to link up

May 6, 2002

A fragile economy may get a boost when Argentina's two ATM networks link up, allowing citizens to transfer funds between banks affiliated with either Banelco…

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Euronet to offer mobile phone recharge in the UK at Abbey National ATMs

May 6, 2002

LEAWOOD, Kan. -- Euronet Worldwide has inked ATM Recharge service agreements with UK bank Abbey National plc and Orange, the UK's most popular mobile phone…

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Euronet to offer mobile phone recharge in the UK at Abbey National ATMs

May 6, 2002

LEAWOOD, Kan. -- Euronet Worldwide has inked ATM Recharge service agreements with UK bank Abbey National plc and Orange, the UK's most popular mobile phone…

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Canadian CU outsources its ATM program to Threshold Electronics

May 6, 2002

TORONTO -- Threshold Electronics Limited has announced a five-year agreement with Ottawa-based Civil Service Co-operative Credit Society Limited (CS CO-OP) to…

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Wright-Patt Credit Union joins Key's agent bank program

May 1, 2002

CLEVELAND and FAIRBORN, Ohio -- Wright-Patt Credit Union, one of the nation's largest credit unions with more than $760 million in assets and nearly 150,00…

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Florida credit union joins CO-OP

May 1, 2002

ONTARIO, Calif. -- Eastern Financial Florida Credit Union (EFFCU), with more than 800 South Florida companies among its membership, has joined CO-OP network…

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Pilgrims find it easier to make offerings with ATM

May 1, 2002

TIRUMALA, India -- KV Kamath, chief executive officer of India's ICICI Bank, introduced the bank's first ATM in the holy hills of Tirumala (the richest temple…

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Technology troubles continue to dog Japan's Mizuho Bank

April 28, 2002

TOKYO -- Technology troubles continue to plague the merger of the former Dai-Ichi Kangyo and Fuji banks into Mizuho Bank, according to a report in the Asahi…

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Caprio to lead Wincor Nixdorf's U.S. business development

April 25, 2002

AUSTIN, Texas - ATM marketing veteran Saul Caprio has been tapped as Wincor Nixdorf Banking Solution's new business development director, according to a…

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B of A targets Hispanics with SafeSend

April 23, 2002

LOS ANGELES -- Bank of America (NYSE: BAC) is crossing the border, providing an international ATM remittance service to Mexicans beginning in May, according to…

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Moscow ATM hackers sentenced

April 22, 2002

MOSCOW - Two leaders of a hackers' group that manipulated Moscow ATMs in an attempt to steal $1 million from foreign bank accounts were sentenced to five years…

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Argentina limits ATM withdrawals

April 22, 2002

BUENOS AIRES, Argentina - Argentina's commercial banks have limited customers to ATM withdrawals of 200 pesos per week following an agreement reached with the…

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Tokyo bank merger leads to free ATM access

April 21, 2002

TOKYO - Nishi-Nippon Bank (TSE:8327) and Fukuoka City Bank (TSE:8539) customers will be able to use the banks' ATMs free of charge beginning in May as the two…

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