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Central and Eastern Europe News & Media

Another BRIC in the Wall of Cash

by Mike Lee — CEO of the ATM Industry Association, ATM Industry Association

The combined economic output of Brazil, China, India and Russia could eclipse the total output of the current richest countries of the world.

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Wincor Nixdorf predicts stronger sales from Europe

January 26, 2011

PADERBORN, Germany — Wincor Nixdorf AG expects stronger results this year from Europe because of the improving economy, Eckard Heidloff, the manufacturer’s…

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Card–skimming attacks at ATMs continue

November 17, 2010

Card-skimming attacks at European ATMs have continued since the European ATM Security Team (EAST) issued its six-month report in October.

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Would you use a biometric solution to authorise a transaction at an ATM?

by Lachlan Gunn — Director, BenAlpin Ltd

In a website research poll conducted by the European ATM Security Team (EAST) from July to September 2010 73% of the respondents would not use the technology…

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Thieves launch more skimming attacks at European ATMs, but the haul is smaller

Card-skimming attacks at European ATMs increased from January through June compared with the same six-month period last year.

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Jonathan Judge named First Data CEO

First Data Corp. has named Jonathan J. Judge CEO. Judge, who began his new job today for Atlanta-based First Data, succeeds Joe Forehand, First Data’s…

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First Data company signs card-processing agreement in Poland

June 14, 2010

Polcard, a First Data Corp. business based in Poland, announced Monday that it has signed a long-term card-processing agreement with Media Markt, a leading…

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Diebold, Citibank sign ATM outsourcing deal in Russia

April 25, 2010

Diebold Inc. has announced the signing of a multiyear ATM outsourcing and deployment agreement with ZAO Citibank, a subsidiary of Citi in Russia.   According…

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Erste Bank Hungary, Hungarian post to deliver payments option Diebold Opteva ATMs

March 31, 2010

Diebold Inc. has announced that Erste Bank Hungary has signed with Diebold to implement a payment solution for utility bills through its ATMs.   According to a…

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Man accused of masterminding RBS WorldPay hack arrested by Russian feds

March 22, 2010

Russian investigators have arrested the man who allegedly masterminded the globally coordinated ATM heist of $9.5 million from Atlanta-based card processing…

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Payment, wireless industry leaders team up to take NFC Mobile payments into Slovenia

February 11, 2010

An international consortium of payment and wireless industry leaders on Thursday announced their participation in a field trial being conducted by Banka Koper…

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BS/2‘s SmartSafe solutions optimizes cash management for FIs, financial services

February 8, 2010

Lithuania-based BS/2 is promoting its integrated cash-management solution, SmartSafe, which is already installed and operating in several banks throughout the…

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RESEARCH: Cash remains No. 1 in Europe, despite uptick in cashless payments

February 8, 2010

Europe's number of retail cashless payments grew more than 160 percent between 2000 and 2008, according to London-based Retail Banking Research Ltd.   Ninety…

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Diebold names James Chen executive VP of international operations

February 1, 2010

Diebold Inc. has announced the appointment of James Chen to the position of executive vice president of international operations.   According to a news…

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Edcomm Banker's Academy, ATMIA announce global ATM survey

January 31, 2010

Edcomm Banker's Academy and the ATM Industry Association have joined forces to survey hundreds of ATM industry personnel from around the world.   According to…

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NCR sells 50,000th SelfServ ATM

January 20, 2010

NCR Corp. has announced the sale of its 50,000th NCR SelfServ ATM. Launched less than two years ago, the NCR SelfServ ATM line is NCR's most popular. …

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Top ATM execs to watch in 2010

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Commentary: These six executives are bound to make waves in the ATM world in 2010.

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Cash management, handling to be focus of Wincor World '10

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Wincor Nixdorf's Uwe Krause says 2010 marks a new beginning for cash-cycle management in retail and banking.

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RESEARCH: Italy is largest European market for prepaid cards

RBR says cash use dominates low-value payments in Italy, but prepaid is an upcoming alternative for young and unbanked consumers.

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European council pushes prep for more SEPA directives

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The European Payments Council says new SEPA schemes are making direct debits possible in 32 European countries, collectively known as the Single Euro Payments…

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