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Bank / Credit Union News

NCR wins orders for 750 ATMs in India

February 27, 2002

LONDON -- India's new private sector banks, HDFC Bank, IDBI Bank, UTI Bank and ICICI Bank, have placed orders totalling 500 ATMs with NCR Corporation. Some 25…

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U.S. Bank adds 83 ATMs in Holiday Stationstores

February 27, 2002

MINNEAPOLIS -- U.S. Bank (NYSE:USB) is rolling out an additional 83 ATMs in Holiday Stationstores in 43 cities in the Twin Cities metropolitan area, with…

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Banking officials say usage of UAE inter-bank switch is low

February 27, 2002

ABU DHABI -- Usage of the United Arab Emirates inter-bank switch continues to be low despite the membership of 41 of the UAE 46 banks in the country, banking…

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India's Reserve Bank bans 3rd-party ATM advertising

February 27, 2002

MUMBAI, India -- The Reserve Bank of India, which has regulatory authority over the country's financial institutions, has banned banks from advertising…

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Key signs another agent bank for ATM sharing

February 27, 2002

CLEVELAND -- CME Federal Credit Union, which serves city, county and municipal employees in Central Ohio, has joined Cleveland-based KeyCorp (NYSE: KEY) agent…

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ARKSYS gets Central American contract

February 26, 2002

LITTLE ROCK, Ark. -- ARKSYS announced an agreement with Banco Atlantida of Tegucigalpa, Honduras to manage the bank's network of ATMs, its database of debit…

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Freedom ATM Alliance gets new members

February 26, 2002

PITTSBURGH -- Pennsylvania's Freedom ATM Alliance announced that three new members will become operational in April, bringing the membership up to 30 banks.

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MasterCard buys Bank One debit processing switch

February 26, 2002

ST. LOUIS, MO -- MasterCard has purchased the debit processing switch previously operated by Bank One Corporation, as a step on the road to its vision of…

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Triton moves into ATM processing in Canada

February 26, 2002

CALGARY, Alberta, and LONG BEACH, Miss. -- Triton Systems announced its entry into ATM processing in Canada through its wholly owned Canadian subsidiary…

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Japanese bank extends ATM hours

February 26, 2002

TOKYO -- Sanwa Bank will extend the operation of some ATMs to 24 hours a day, seven days a week, becoming the first major Japanese bank to do so, according to…

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BofA customer files suit over fee at unmarked ATM

February 26, 2002

A Bank of America customer, Jeremy Knapp of Seattle, on Sept. 20 filed a lawsuit in U.S. District Court in Seattle, accusing Bank of America of breach of…

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Wells Fargo to advertise at ATMs

February 26, 2002

SAN FRANCISCO -- Wells Fargo plans to take advantage of a captive audience by launching animated advertisements on the screens of some of its ATMs. Ads also…

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California woman gets key to Jeep at KeyBank ATM

February 26, 2002

LOS ANGELES and CLEVELAND -- Beverly Alexander, a Corona, Calif. mother, grandmother and nursing supervisor, won a 1999 Jeep Wrangler in the KeyBank/ARCO "Key…

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ATM fee disclosure added to legislation

February 26, 2002

The House Banking Committee approved a measure that would require disclosure of ATM surcharges at ATMs. Most ATM owners already voluntarily disclose such…

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Diebold buys Colombian company

February 26, 2002

BOGOTA, Colombia -- Diebold has acquired 55 percent of Richardson & Cia. Ltda., a financial technology company in Bogota which previously was a business…

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Firstar gets the TYME in Minnesota

February 26, 2002

MILWAUKEE -- The TYME regional EFT network is making a major move into the Minnesota market with the decision by Milwaukee-based Firstar to switch all of its…

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Japanese supermarkets, banks form ATM alliances

February 26, 2002

Arrangements between financial institutions seeking to bolster their retail banking and supermarket chains hoping to offer greater convenience to customers are…

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Euronet reports increased revenues

February 26, 2002

BUDAPEST, Hungary -- Euronet Services revenues grew to $11.9 million in 1998, more than double the revenues in the previous year. Revenues in the fourth…

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NCR Japan, Fuji Bank to design transfer-enabled cash dispenser

February 26, 2002

TOKYO -- NCR Japan Ltd. and Fuji Bank will develop Japan's first cash dispenser able to remit payment to billing accounts, according to the Nikkei Industrial…

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Canadian processor TNS builds business

February 26, 2002

TORONTO -- While Canada's chartered banks and trust companies maintain high profiles in the still-growing ATM industry, TNS Smart Network Inc., a Toronto-based…

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