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Outsourcing News & Media

ATM field tech training: A lot less than college tuition

by Daniel Swain — VP/GM, ATMGurus

With the start of another school year just around the corner, there are always the “best of” reviews that pop up touting the most prestigious institutions of…

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Cash Connect expands staff to meet growth demands

August 3, 2011

Vault-cash provider Cash Connect is adding staff to its total cash management (TCM) area and its technology group to meet business growth demands. According to…

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Diebold to update ATM fleet for Arizona's largest credit union

August 3, 2011

Arizona's largest credit union will refresh its entire ATM fleet with help from Diebold Inc., according to a company press release. Twenty-one of Desert…

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Industry predictions say half of India's ATMs will be outsourced by 2015

July 11, 2011

Nearly half the number of ATMs in India will be outsourced by 2015, according to an article in The Economic Times. Hit by thin profit margins and slow credit…

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LINK appoints new CEO

June 30, 2011

Today, LINK, a United Kingdom-based ATM network, announced the appointment of John Howells as its new CEO. This follows the move of Edwin Schooling Latter to…

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Customers Limited announces managed service agreement with Bank of Queensland

June 16, 2011

Customers Limited, Australia’s leading owner/operator of ATMs, today announced a five-year agreement with Bank of Queensland Limited (BOQ) to provide ATM…

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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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