Reaching the unbanked: Learning from South Africa's FIs

by Tracy Kitten — Editor, AMC

May 25, 2005

Over the last decade, South African banks have made strides in reaching the unbanked and financially underserved. But how effective have the efforts been, and…

Nexus software celebrates 20th anniversary

May 25, 2005

RALEIGH, N.C. - Nexus Software, a provider of cross-channel client middleware for financial services delivery, is celebrating its 20th anniversary. The company…

Co-Op Network, Instant Cash ATM open gateway link

May 24, 2005

ONTARIO, Calif. - Co-Op Network, the nation's largest credit union EFT network, and the Instant Cash ATM network have opened a gateway link, according to a…

Iraq gets first credit cards; ATM network on the way

May 24, 2005

Los Angeles Times: The Trade Bank of Iraq on May 24 issued the country's first credit and debit cards, from Visa International Inc., at a ceremony in Baghdad.

Japanese push for ATMs that take foreign cards

May 24, 2005

Japanese Times: The inability of most ATMs at Japanese banks to accept foreign credit cards has long irritated tourists and short-term foreign residents in a…

Cardtronics buys UK's Bank Machine Ltd.

May 17, 2005

Indian bank signs on with Euronet network

May 17, 2005

LEAWOOD, Kan. and MUMBAI, India - Euronet Worldwide Inc., an electronic payments provider, inked a deal with HDFC Bank, which operates India's fourth largest…

BofA prepares for five weeks of ATM downtime

May 17, 2005

Boston Herald: Charlotte, N.C.-based Bank of America boasts that it has the largest ATM network, with 16,700 ATMs, and the most widely used online-banking…

Genpass' sale was no big surprise

by Tracy Kitten — Editor, AMC

May 17, 2005

The announcement of Genpass Inc.'s sale May 10 didn't come as a big surprise. But U.S. Bank flew beneath the radar of some analysts as the acquirer.

ACI launches packaged EMV solutions

May 15, 2005

DUBAI, UAE - ACI Worldwide, which provides enterprise e-payment solutions, is introducing modular-packaged solutions to help card issuers migrate to Europay…

TNS signs deal with regional c-store chain

May 15, 2005

RESTON, Va. - Transaction Network Services Inc. (NYSE: TNS), a network and data communications provider for transaction-oriented applications, signed a deal to…

PRE Solutions files suit against Dynamic for contract breach

May 15, 2005

ATLANTA - PRE Solutions Inc., which provides prepaid transaction-processing solutions for retailers, announced May 16 in a news release that it has filed a…

TNS acquires FusionPoint

May 12, 2005

RESTON, Va. - Transaction Network Services Inc., which provides business-critical network and data communications services for transaction-oriented…

Credit union network grows 35% since '04

May 9, 2005

TALLAHASSEE, Fla. - The Credit Union 24 Network hit record-setting growth figures for 2004, according to a news release. New participants and expanded…

Ticket sales at the ATM make a comeback

by Tracy Kitten — Editor, AMC

Ticket and coupon sales at the ATM were the rage in the '90s, at least among large U.S. financial institutions. That dual functionality, however, didn't go…

Credit union in Kansas drops fees

May 5, 2005

The Wichita Eagle: Boeing Wichita Credit Union in Kansas has eliminated ATM fees for customers and noncustomers. The move went into effect this for the credit…

Diebold introduces next-generation IDM

May 4, 2005

NORTH CANTON, Ohio - Diebold Inc. (NYSE: DBD) is expanding its deposit-automation family with its intelligent depository module. The IDM was recently showcased…

MasterCard accredits British software house Comms XL

May 4, 2005

CHESSINGTON, SURREY, England - Comms XL, a transaction and data processing specialist, is the first software house to achieve global accreditation from…

NCR's ImageMark integrates reader/sorter processing

May 3, 2005

DAYTON, Ohio - NCR Corp. (NYSE: NCR) is taking another step toward check truncation with the integration of the legacy 3890 reader/sorter into its ImageMark…

ACI inks deal with Algerian bank

May 2, 2005

WATFORD, England - ACI Worldwide Inc. (Nasdaq: TSAI), an international provider of enterprise e-payment solutions, announced in a news release that Banque de…