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Bank / Credit Union News

Wells Fargo adds 'talking' ATMs in Utah, Iowa

January 20, 2002

SALT LAKE CITY, Utah and DES MOINES, Iowa -- Wells Fargo has introduced "talking" ATMs at approximately 58 locations in Utah and approximately 14 locations in…

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Jamaica gets 1st drive-through ATM

January 20, 2002

KINGSTON, Jamaica -- "Today marks yet another milestone in our history," said Michael Muirhead, chairperson of National Commercial Bank (NCB), at the…

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E*TRADE Access moves forward with new director

January 17, 2002

The ATM industry is watching E*TRADE Access, the ATM division of E*TRADE Group, even more closely now that Dale Dentlinger is in charge. The industry veteran…

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Appeals court appears to support surcharges in Calif.

January 17, 2002

SAN FRANCISCO -- A federal appeals court appeared ready on Jan. 17 to kill two California city ordinances regulating ATM surcharges.

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Japan's IYBank to begin ATM service May 15

January 16, 2002

TOKYO -- Ito-Yokado Co Ltd, one of Japan's biggest retailers, unveiled plans to begin limited banking services soon, according to a Reuters report. The new…

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Branding bonanza

January 15, 2002

Software developed by AutoBranch Technologies can put multiple bank brands on a single ATM, thus allowing banks to expand their geographic reach and add…

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Centura shareholders approve acquisition by Royal Bank

January 15, 2002

TORONTO -- At a special meeting of shareholders of Centura Banks Inc. held on May 3, the Centura shareholders approved an agreement in which Royal Bank will…

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Alabama measure to limit ATM fees will likely fail, says state rep

January 15, 2002

MONTGOMERY, Ala. -- State Rep. William Parker, a Democrat from Birmingham, said that lobbyists for Alabama banks have persuaded his colleagues to oppose his…

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Economists say China's ATM, POS infrastructure must become priority

January 15, 2002

BEIJING -- China should speed up establishment of its "Golden Card" project, aimed at connecting domestic commercial banks' ATM and point-of-sale (POS…

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And then there were none?

January 14, 2002

Iowa, the last bastion of ATM surcharging, is facing a lawsuit by five national banks that are seeking to have the state's ban on convenience fees overturned.

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Los Alamos National Bank joins selective surcharge alliance

January 14, 2002

LOS ALAMOS, N.M. -- The newest member of the PULSE network's Select ATM program is Los Alamos National Bank.

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Indian bank finds acceptance of new ATM slow

January 14, 2002

MUZAFFARPUR, India -- The response of Punjab National Bank (PNB) customers to a new ATM has not been satisfactory in the first four days since its installation…

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E*TRADE appoints director of advanced-function ATMs

January 14, 2002

PORTLAND, Ore. -- E*TRADE Access Inc., a wholly owned subsidiary of E*TRADE Group Inc. (NYSE: ET), has appointed Mark Holland director of advanced function…

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Japanese bank reduces surcharge on new bank

January 14, 2002

 TOKYO – A Japanese bank will reduce its surcharge from its normal rate of 105 yen to 52 yen for customers using cash cards at newly-established IYBank ATMs in…

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Japanese bank, insurer team to offer loan services at ATMs

January 14, 2002

TOKYO - The Bank of Tokyo-Mitsubishi (BTM) and Meiji Life Insurance Co have teamed up on ATM-related services, with an alliance that will allow Meiji Life's…

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IYBank ATMs go 24/7

January 13, 2002

TOKYO - IYBank, the new banking unit of Ito-Yokado Co. Ltd., Japan's largest retail group, has begun 24-hour ATM services. The new bank hopes to carve out a…

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Skylight, U.S. Bank expand '"unbanked'" program

January 13, 2002

ATLANTA - Following the completion of a successful trial in the eastern United States, payment card provider Skylight Corp. and US Bank, N.A., on Jan. 1…

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Moody's upgrades Indian bank

January 13, 2002

MUMBAI, India - ICICI Ltd. (NYSE:IC), the parent company of ICICI Bank, which operates one of the largest private ATM networks in India, has been given a vote…

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U.S. Bancorp announces merger-related job cuts

January 10, 2002

MINNEAPOLIS -- U.S. Bancorp said it is eliminating about 2,500 jobs as a result of its merger with Firstar Corp., but said some people would be transferred to…

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Japan's Asahi Bank may end ATM sharing

January 10, 2002

TOKYO - Japan's Asahi Bank is considering ending its ATM sharing deal with Sanwa Bank Ltd and Tokai Bank Ltd, according to Reuters news service. Under the…

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