Bank / Credit Union News
Network to provide surcharge-free ATM access for FIs
November 29, 2001
WASHINGTON, D.C. - A network of ATMs throughout the U.S. will provide surcharge-free transactions and deposits to customers of financial institutions with…
read nowTwo Indian banks to share ATMs
November 29, 2001
INDIA -- According to a report in The Asian Banker, BNP Paribas and UTI Bank have signed a memorandum of understanding for sharing ATMs, effective this month.
read nowChicago bank clears way for Mexican immigrants to open accounts
November 29, 2001
CHICAGO -- Under a new agreement between the government of Mexican President Vicente Fox and First Bank of the Americas, a 4-year-old Chicago bank with three…
read nowBadger banks pull back on ATMs
November 29, 2001
MILWAUKEE - Some major banks in Wisconsin have scaled back their off-site ATM deployments in off-premise locations, citing slow profits and a dearth of good…
read nowIY Bank seeks extension of fee waiver
November 28, 2001
TOKYO – IY Bank, the Japanese Internet bank that has installed 2,000 ATMs in convenience stores, has asked three banks to extend their commission-free period…
read nowATM to be top distribution channel for euro
November 28, 2001
LONDON -- Up to 70 percent of all new euro currency is expected to be distributed via ATMs in the 12 nations making the switch on Jan. 1, according to a…
read nowGroups say ATMs not best option for residents of rural Ireland
November 28, 2001
IRELAND – According to a report in the Irish Independent, rural communities are assailing banks for closing branches in outlying areas.
read nowSome Portuguese banks won't stock euros
November 27, 2001
Claiming it doesn't want to have any interruption in ATM service, Portugal's Multibanco network of ATMs will convert just half of the country's 9,000 ATMs to…
read nowCitizens to drop some fees, including annual ATM card charge, when it takes over Mellon branches
November 27, 2001
PITTSBURGH -- Citizens Bank of Pennsylvania plans to eliminate or reduce a number of fees and minimum balances on checking and other accounts when it takes…
read nowCitizens to take over Mellon branches, ATMs in Great Eagle stores
November 26, 2001
PITTSBURGH -- Citizens Bank and Pittsburgh-based grocery store chain Giant Eagle, Inc. announced a long-term agreement to place 41 Citizens branches in Giant…
read nowNCR expands presence in China
November 20, 2001
SHANGHAI -- NCR will provide several of its Personas ATMs, plus the software and support to run them, to the Shanghai-based Bank of Communication in a deal…
read nowFiserv to acquire NCR's bank processing operations
November 20, 2001
BROOKFIELD, Wis. -- Fiserv and NCR have signed an asset purchase agreement to transfer NCR's bank processing operations to Fiserv.
read nowFirst Union installs 1st talking ATMs in MD, NJ, NC
October 3, 2001
CHARLOTTE, N.C. -- First Union National Bank has installed 19 audio-assisted ATMs in Maryland, New Jersey and North Carolina, the first in those states, as…
read nowFed study finds fewer collect surcharge
August 1, 2001
The 2000 Fed report on retail banking fees found that fewer banks are collecting ATM surcharges, the first such decrease since 1996. The amount of the average…
read nowEU addresses bank transfer fees
July 24, 2001
BRUSSELS, Belgium -- European Union officials proposed rules on July 24 to stop banks from charging more for cross-border transactions than they do for…
read nowNCR is still in the ISO game
July 5, 2001
After the expensive collapse of a relationship with Credit Card Center, NCR says it is still committed to the ISO-driven ATM distribution model. Its newest…
read nowWeb apps to join the Fleet
May 30, 2001
The latest financial institution to add Web applications to its ATMs is Boston-based Fleet Bank. For Jim D'Aprile, the man leading the charge, tweaking the…
read nowEquifax is 7-Eleven partner on Vcom kiosks
May 21, 2001
DALLAS -- Equifax Inc. (NYSE: EFX) will provide automated check-cashing capabilities for 7-Eleven Inc. (NYSE: SE) at its Vcom financial services kiosks. In…
read nowE*Trade to acquire Web Street
May 21, 2001
MENLO PARK, Calif. -- E*Trade, the parent company of E*Trade Bank and the E*Trade Access ATM network, announced its intention on May 21 to buy Web Street, the…
read nowDiebold to upgrade ATMs for ABN AMRO
May 17, 2001
CHICAGO -- Diebold, Incorporated (NYSE: DBD) will supply ABN AMRO Bank with upgrade components for more than 250 Diebold ATMs gained in ABN AMRO's acquisition…
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