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Bank / Credit Union News

M&I Data Services earns Visa awards

February 24, 2002

MILWAUKEE -- M&I Data Services announces that its BankCard Services Division is the recipient of three Visa U.S.A. awards: two 1998 Member Service Quality…

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One Valley Bank to install Diebold`s merchant banking center

February 24, 2002

CHARLESTON, W.Va. -- One Valley Bank in Charleston, W.Va., has purchased the new Merchant Banking Center™ from Diebold, which integrates Diebold's 1062ix ATM…

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Amex expands its ATM network

February 24, 2002

NEW YORK -- American Express has acquired the ATM business from three companies, as part of a plan to significantly expand its ATM program throughout the U.S.

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Visa sets world record for global payment processing volume

February 24, 2002

Visa International announced that it has set a world record in financial services by processing more than 110 million payment transactions in a single day on…

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IVI Checkmate's portable wireless terminal for both debit, credit certified by Canada's Royal Bank

February 24, 2002

ATLANTA/TORONTO -- IVI Checkmate Corp. announced that its Elite 780 has received certification from the Royal Bank of Canada, and becomes the first fully…

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NYCE, Magic Line to merge

February 24, 2002

WOODCLIFF LAKE, NJ/DEARBORN MI -- NYCE Corporation and Magic Line Inc.-- the largest electronic payment companies in the Northeast and Midwest, respectively -…

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People`s Bank selects First Data for U.S. card processing

February 24, 2002

OMAHA, Neb. -- More than 2 million domestic credit, debit and commercial card accounts issued by Bridgeport, Conn.-based People's Bank will now be processed by…

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Sumitomo Bank to install ATM in c-store

February 24, 2002

TOKYO -- Sumitomo Bank plans to install an ATM at a Circle K Japan Co. store in Osaka in February, according to the Nihon Keizai Shimbun.If consumer response…

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Diebold to directly market ATMs in Canada

February 24, 2002

TORONTO -- Diebold announced that its Canadian subsidiary, the Diebold Company of Canada Ltd., will begin to directly market ATMs and other products to…

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Shizuoka Bank, Citibank partner on bank card

February 24, 2002

TOKYO -- Shizuoka Bank and Citibank N.A. have agreed to jointly issue a bank card in February, the first such business tie-up among banks in Japan, company…

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Chase to impose surcharge

February 24, 2002

NEW YORK -- Beginning Jan. 9, Chase Manhattan Bank will charge non-customers a surcharge ranging from $1 to $1.50 to withdraw cash from Chase ATMs. Chase will…

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Freedom ATM Alliance begins operations

February 24, 2002

PITTSBURGH -- The Freedom ATM Alliance begins operations Jan. 6. Each of the 25 Pennsylvania banks in the alliance permits its ATMs to be used by customers of…

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Carolina First announces ATM agreement with Amex

February 24, 2002

GREENVILLE, S.C. -- Carolina First Corporation announced an agreement between its subsidiary, Carolina First Bank, and American Express ATM Holdings, Inc.

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Georgia Bankers Association endorses Intercept Switch surcharge-free ATM network

February 24, 2002

NORCROSS, Ga.-- The InterCept Group announced that the Georgia Bankers Association (GBA) has entered into a joint marketing agreement with InterCept…

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Euronet expands into U.K. ATM market

February 24, 2002

BUDAPEST, Hungary -- Euronet Services Inc. announced that it will install ATMs in off-bank locations throughout the United Kingdom after signing an agreement…

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Cash Technologies to install coin machines for Bank Austria

February 24, 2002

LOS ANGELES -- Cash Technologies, Inc.'s wholly owned Austrian subsidiary, CoinBank Automation Handels GmbH, announced that it has reached an agreement with…

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Japanese banks to refer some clients to ATMs

February 24, 2002

TOKYO -- Fuji Bank and Sanwa Bank each plan to begin screening individual customers visiting their branches, referring those with minor transactions to…

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Japanese banks form ATM management company

February 24, 2002

TOKYO -- Asahi Bank and Tokai Bank plan to develop a new ATM management system, jointly with Fujitsu Ltd. and Sogo Keibi Hosho Co., a major security firm. The…

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New account settlement system for debit in Japan

February 24, 2002

TOKYO -- The Ministry of Posts and Telecommunications has drawn up plans to introduce a new account settlement system with banks to cover payments for its new…

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Citibank outsources ATMs in Czech Republic to Euronet

February 24, 2002

PRAGUE, Czech Republic -- Citibank is outsourcing ATM management to Euronet Services (Nasdaq: EEFT) in the Czech Republic. Under the terms of a new five-year…

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