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Outsourcing News & Media

Finland the pioneer, Sweden the catalyst

by Dominic Hirsch — manager, Retail Banking Research

It is not an easy decision for banks to agree to pool their ATMs – they are, after all, giving up control of one of their key channels. So what is it about the…

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Third-largest savings bank in Germany to install Wincor Nixdorf's CINEO systems

May 17, 2011

During the next three years, Kreissparkasse Köln, Germany's third-largest savings bank, will be taking delivery of new ATMs, cash recycling systems and account…

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GRGBanking subsidiary signs ATM-outsourcing agreement

May 16, 2011

GRG Suitong Banking Service Co., Ltd., a subsidiary of GRGBanking, has signed an ATM-management services agreement with Citibank China.According to the…

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Connecticut bank joins the Allpoint surcharge-free ATM network

May 15, 2011

First County Bank, which is based in Stamford, Conn., today announced that it has joined Allpoint's surcharge-free ATM network. With its Allpoint relationship…

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A Hidden Resource to Increase IAD Profitability

Partnering with a larger ATM company can help small to mid-sized ATM networks increase efficiency, improve sales and provide better customer service.

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CashTrans targets small banks with a new ATM initiative

Community banks are under enormous pressures to better manage cost and improve efficiencies, which this program delivers to our partner First Georgia Banking…

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Calculating the Return on an ATM Network

The cost of deployment, logistics and maintenance all need to be considered when estimating profit for an ATM rollout.

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BS/2 opens sixth technical-service center in Lithuania

March 21, 2011

BS/2, an international business process-outsourcing company, today announced that it has opened a technical service center in Alytus, Lithuania, the company's…

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Nautilus Hyosung America signs strategic partnership agreements

February 27, 2011

Nautilus Hyosung America Inc. today announced that it has signed strategic partnership agreements with three companies. The deals illustrate Nautilus Hyosung's…

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Bank Machine signs managed services agreement

January 31, 2011

Bank Machine Ltd., Cardtronics Inc.’s United Kingdom-based subsidiary, today announced that it has signed its first managed services agreement.Bank Machine…

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Diebold signs outsourcing agreement with bank in Colombia

January 17, 2011

Diebold Inc. today announced that it has signed a seven-year outsourcing contract with Colombia’s third-largest bank based on assets. As part of the agreement…

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Diebold will manage California credit union's ATMs

January 11, 2011

Diebold Inc. is deploying 26 ATMs for a San Diego-based credit union as part of a multi-year management-services agreement between the two companies.

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BS/2 introduces ATM security software

November 29, 2010

BS/2 has introduced software that enables banks to manage the security of their ATM networks. The software, called ATMeye, provides a surveillance system with…

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First Data reports a higher third-quarter net loss on higher revenue

November 3, 2010

First Data Corp. today reported a larger net loss on improved revenue for the third quarter ended September 30. The Atlanta-based ATM owner and payments…

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Cardtronics reports big jump in third-quarter net income

November 2, 2010

Steven Rathgaber, CEO of Cardtronics Inc., said the company's third-quarter financial performance exceeded company expectations. "It was a very solid quarter,…

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Cardtronics announces management reorganization

Cardtronics Inc. yesterday announced a major reorganization of its United States operations. The reorganization aligns the company's key business units with…

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First Data signs ATM agreement with a Florida credit union

October 5, 2010

First Data Corp. announced today that it signed an ATM-services contract with a Florida credit union.

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Co-op Financial expands ATM services

September 20, 2010

Co-op Financial Services, which provides ATM transaction processing for its 3,000 credit union members, today announced that it has expanded its range of…

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Select-A-Branch to resell MoneyPass ATM network

September 20, 2010

Select-A-Branch, a King of Prussia, Pa.-based ATM network, has signed a multi-year agreement with MoneyPass to resell MoneyPass’s surcharge-free ATM network to…

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NCR signs ATM-management services contract with UK bank

August 18, 2010

NCR Corp. has signed an ATM outsourcing-management agreement with Barclays Bank PLC in a deal that highlights the ATM manufacturer’s customer care center near…

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