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Bank / Credit Union News

New Japanese ATM network joins banks, c-stores

February 28, 2002

TOKYO -- Ten major Japanese financial institutions and six convenience store chain operators plan to launch a new network of ATMs in convenience stores in…

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ARKSYS signs ATM, credit card contracts

February 28, 2002

LITTLE ROCK, Ark. -- Oyak Bank of Istanbul, Turkey has licensed ARKSYS software to drive its ATMs as well as issue debit and credit cards, marking its entry…

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Bankrate.com study finds ATM surcharges continue to climb

February 28, 2002

NORTH PALM BEACH, Fla. -- According to a study conducted by Bankrate.com, a division of the ilife.com family of Web sites, 83.3 percent of institutions now…

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Former VP of ATM Banking at WF joins Cybergold Inc.

February 28, 2002

OAKLAND, Calif. -- Barry C. McCarthy will leave his position as vice president and general manager of ATM Banking at Wells Fargo & Company to become senior…

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Bill to ban ATMs from casinos in Michigan is dead for now

February 28, 2002

LANSING, Mich. -- A bill to ban ATMs from casinos in Michigan is probably dead for now, the Detroit Free Press reported. State Rep. James Koetje, chairman of…

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Anti-surcharge bill passes Connecticut House

February 28, 2002

HARTFORD, Conn. -- The Connecticut state House of Representatives has approved a bill that would prohibit banks from charging a convenience fee to…

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Chinatrust Commercial Bank features FMV ads on Diebold ATMs

February 28, 2002

TAIPEI, Taiwan -- Chinatrust Commercial Bank (CTCB) has installed 16 Diebold 1064ix cash dispensers in Massive Rapid Transit (MRT) BanNan Line stations…

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Visa survey: Travelers like their plastic

February 28, 2002

SAN FRANCISCO -- Forty-three percent of international travelers surveyed by Audits and Surveys Worldwide for Visa International can envision a future without…

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Japan's ATM-only IY Bank to raise funds in private placement

February 28, 2002

TOKYO -- Japanese retailer Ito-Yokado Co Ltd says that its banking unit, IY Bank, would double its capital to 61 billion yen ($457.7 million) through a private…

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Exec leaves NCR to join Diebold`s European team

February 27, 2002

LONDON -- Barry Harrison, a 30-year NCR veteran who was most recently vice president of global outsourcing, has joined Diebold as vice president of customer…

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Cash Technologies system will allow consumers to use ATM cards online

February 27, 2002

LOS ANGELES -- Cash Technologies, Inc.is introducing EMMA, an e-commerce transaction processing system -- along with iris identification products supplied by…

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Fla. smart card trials don't make case for technology

February 27, 2002

ORLANDO, Fla. -- Two trials of smart cards in the Orlando area seem to indicate that Americans aren't yet ready for the technology.SunTrust Banks Inc., which…

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Colorado drops anti-surcharge proposal

February 27, 2002

DENVER -- A proposal to ban ATM surcharges in Colorado is being dropped, at least for this year, according to the Denver Post.The bill's sponsor, state Rep.

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Stephenson Group opens London office

February 27, 2002

LONDON -- The Stephenson Group, a public relations agency headquartered in the metropolitan New York area that focuses on financial technology and e-commerce…

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Link members to vote on ATM surcharge in UK

February 27, 2002

LONDON -- Members of Link, the UK's not-for-profit shared ATM network, will vote on whether or not to allow surcharging at a Feb. 29 meeting, according to the…

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Retailers seek $8.1 billion in debit card antitrust suit

February 27, 2002

NEW YORK -- Wal-Mart and other large U.S. retailers are seeking $8.1 billion in damages from Visa and MasterCard for alleged debit card antitrust violations…

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Anti-surcharge bill heads to Wisconsin state Senate

February 27, 2002

MADISON, Wis. -- A bill headed for the full state Senate in Wisconsin would ban state-chartered banks from imposing ATM surcharges, according to the Associated…

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California Attorney General files friend of court brief in surcharge case

February 27, 2002

SACRAMENTO, Calif. -- California Attorney General Bill Lockyer has thrown his hat into that state's battle over the ATM surcharge. Lockyer filed a "friend of…

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Iowa asks Supreme Court to hear ATM case

February 27, 2002

DES MOINES, Iowa -- Attorney General Tom Miller and state Banking Superintendent Holmes Foster are asking the Supreme Court to uphold Iowa's Electronic Funds…

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Wisconsin Senate defeats anti-surcharge bill

February 27, 2002

MADISON, Wis. -- The Wisconsin state Senate on Feb. 8 narrowly rejected a bill to ban ATM surcharges. The vote was 17-16, according to the Associated Press.

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