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Bank / Credit Union News

Understanding the customer is focus of RDS

March 7, 2002

CHICAGO -- The need for financial services organizations to better understand the customer is the focus of the Bank Administration Institute's (BAI) Retail…

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NYCE to offer P2P funds transfer

March 7, 2002

WOODCLIFF LAKE, N.J. -- NYCE Corporation plans to offer its financial institution members the ability to offer their customers person-to-person (P2P…

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Citizens Bank to participate in Michigan EBT program

March 7, 2002

FLINT, Mich. -- Citizens Bank will participate in the Electronic Benefits Transfer (EBT) program for Michigan Family Independence Agency (FIA) customers.

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Commercial Bank is first in Sri Lanka to offer international ATM access

March 7, 2002

SRI LANKA -- Commercial Bank has become the first Sri Lankan financial institution to offer ATM cards with international access to its foreign currency account…

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Firstar installs 38 ATMs in Jr. Food Stores

March 7, 2002

BOWLING GREEN, Ky. -- Firstar, a subsidiary of U.S. Bancorp, is installing 38 ATMs in Jr. Food Stores in 19 cities throughout Southern Kentucky and Central…

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Internet, loyalty programs to fuel smart card demand, VHS Network says

March 6, 2002

MISSISAUGA, Ontario -- Heartened by the news that Visa and other payment companies are working to create a standard specification for smart card readers, VHS…

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IFS International supports ATMs at Sampath Bank

March 6, 2002

TROY, N.Y.-- Sampath Bank in Colombo, Sri Lanka has licensed TPII software from IFS International to act as the front end processor for the new ATM network…

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Visa adds phone-based service to ATM locator

March 6, 2002

DENVER -- InfoNow Corporation (Nasdaq: INOW), a provider of eBusiness infrastructure services, will expand current services with Visa USA by deploying the…

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2nd NCR summit a success

March 6, 2002

DAYTON, Ohio -- NCR Corporation hosted its second annual network summit on Aug. 10-11, focusing on customer relationships and ATMs. The summit, held at NCR's…

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U.S. Bank installs 1st voice-guided ATMs in Minn.

March 6, 2002

MINNEAPOLIS -- U.S. Bank has installed Minnesota's first voice-guided ATMs in the new U.S. Bancorp Center in downtown Minneapolis. The two machines allow…

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Nestor symposium to focus on fraud prevention

March 6, 2002

PROVIDENCE, R.I. -- NestorCommerce, a division of Nestor, Inc. (OTC: NEST) will host its 4th Annual Risk Management Symposium 2000, Sept. 19 and 20 at the…

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Bank of America sets sights on Web-enabled ATMs

March 6, 2002

CHARLOTTE, N.C -- Bank of America (NYSE: BAC), the largest bank in the United States, announced that it will redesign 20 offices and build two new locations in…

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Lantronix works with Diebold to eliminate leased lines on some ATMs

March 6, 2002

IRVINE, Calif. -- Lantronix Inc. (Nasdaq:LTRX), a developer of Device Server Technology which enables electronic devices to be accessed and managed over the…

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eFunds extends CO-OP Network contract

March 6, 2002

PHOENIX, Ariz. -- eFunds Corporation (Nasdaq: EFDS) announced a multi-year contract extension to provide processing services to CO-OP Network, the largest…

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Agricultural Bank of China orders Diebold ATMs

March 6, 2002

NORTH CANTON, Ohio -- Agricultural Bank of China (ABC), one of four state-owned commercial banks in China, purchased more than 110 advanced-feature ATMs from…

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E*TRADE Bank tops $8 billion in assets

March 6, 2002

ARLINGTON, Va. -- E*TRADE Bank, a wholly-owned subsidiary of E*TRADE Group, Inc. recently crossed the threshold of $8 billion in assets and is now ranked among…

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NJ township drops ATM ban

March 6, 2002

WOODBRIDGE TOWNSHIP, N.J. -- Woodbridge Township bowed to pressure from the state's banking industry and threw out its ban on ATM fees on Sept. 20, according…

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Firstar, U.S. Bancorp merger creates $160 billion company

March 6, 2002

MINNEAPOLIS -- America's ninth largest banking company will be formed with Firstar Corp.'s $21 billion stock purchase of U.S. Bancorp, Fox Market Wire reported.

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Surveys examine Chicago ATM bank fees

March 6, 2002

ATM foreign fees charged by 10 Chicago banks -- an average $1.34 per transaction -- have changed very little in the last six months. This, according to a…

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First Union denies merger talks with Wells Fargo

March 6, 2002

CHARLOTTE, N.C. -- First Union Corp., in an unusual move, issued a statement on Oct. 6 denying that it is in merger talks with Wells Fargo, the nation's…

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