Central and Eastern Europe News & Media
Compass Plus helps PrivatBank achieve record processing performances
April 1, 2013
Compass Plus, a provider of software for processors and financial institutions, has announced that PrivatBank, Ukraine's largest FI, has achieved outstanding…
read nowGRG shows off new VTM at banking IT conference
March 28, 2013
GRGBanking recently showcased its video teller machine at "IT in Financial Institutions," a conference held in Poland March 14–15. The conference, themed…
read nowCyprus tightens ATM controls
March 27, 2013
As Cyprus banks prepare to reopen Thursday at midday, the country's finance ministry is implementing measures designed to prevent a massive outflow from…
read nowIn Cyprus, ATM withdrawals limited, 'bitcoin ATM' plan in the works
March 25, 2013
Two of the largest banks in Cyprus have cut their ATM withdrawal limits from €260 ($336) to €100 ($129). The step was taken in order to prevent a run on…
read nowATMs a lifeline as Cyprus bailout woes continue
March 22, 2013
The European Central Bank has given Cyprus until Monday, March 25, to pull together $6 billion in earnest money needed to secure emergency liquidity aid from…
read nowUkraine bank launches payWave using SmartVista platform
March 21, 2013
BPC Banking Technologies, a provider of open system e-payment solutions, has announced the launch of Visa payWave products at Credit Dnepr Bank in Ukraine. The…
read nowTemenos to provide standardized IT platform for Nordea Bank
December 27, 2012
Luxembourg-based Nordea Bank, a pan-European provider of private banking services, has opted to use software applications from Geneva-based Temenos to…
read nowCrook who skimmed data for 9,000 cards at ATM 'could' get jail time
November 28, 2012
From the "Really?" file: A Romanian national with ties to a well-organized criminal gang recently pled guilty in a U.K. court to four counts of fraud in a…
read nowEuronet to acquire ATMs from BNP Paribas subsidiary
November 6, 2012
Euronet Worldwide, via its Ukrainian subsidiary, Euronet Ukraine LLC, announced the acquisition of ATMs from UkrSibbank, a subsidiary of BNP Paribas and the…
read nowDiebold bolsters strategy in Turkey with Altus acquisition
October 24, 2012
Diebold Inc. has acquired Altus, an industry-leading multivendor service provider in Turkey. The company announced the news today.
read nowTEKchand extends global reach with Ukrainian Processing Center deal
October 23, 2012
TEKchand LLC, a Chicago-based supplier of server-side, web-based software applications for ATM channel management, has announced a long-term agreement with…
read nowEAST: ATM-related skimming losses on the rise
October 10, 2012
The European ATM Security Team this week reported a 15 percent increase in ATM-related skimming losses, despite a 13 percent fall in skimming incidents. The…
read nowEuronet Worldwide expands IAD networks in Europe
September 20, 2012
Euronet Worldwide Inc. has announced the addition of two new countries to its portfolio of IAD networks — Spain and Italy. These represent Euronet's first IAD…
read nowAs ATM security rises, skimmers board train ticket machines
September 19, 2012
Moving right along … Now that ATM operators more sophisticated means to detect and prevent machine tampering, criminals are finding easier pickings for their…
read nowFrench ATMs fork over 1M to crooks
August 20, 2012
French banks are scrambling to plug a security gap that allowed criminals to steal more than €1 million ($1.24 million) from ATMs using nothing more than a…
read nowATM parts, service provider TestLink predicts big growth in exports
August 15, 2012
U.K.- and Czech Republic-based ATM supplier TestLink has said that 70 percent of its revenues will come from international markets by 2014.
read nowStudy: EMV reduces ATM, POS fraud in Europe
July 31, 2012
The European Central Bank (ECB) today published its first report on card fraud. One of its key findings is that fraud has steadily declined since 2007, and…
read nowIt's a summer of scams for Norway's ATMs
July 20, 2012
When the weather warms up in Norway, it seems, the scammers come out of their dens.
read nowGRGBanking sites EU subsidiary in Lithuania
July 9, 2012
ATM manufacturer GRGBanking has established its Europe subsidiary in Vilnius, the capital city of Lithuania. The office, which opened on March 9, 2012, will…
read nowNautilus Hyosung cash recycling technology achieves ECB certification
June 20, 2012
The European Central Bank (ECB) has certified Nautilus Hyosung proprietary cash recycling technology as meeting the ECB system test for currency validation…
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