Regulation / Legislation News & Media
White-label ATMs may come to India
August 22, 2006
(India) Economic Times: ATM service providers are in talks with Indian banks to set up guidelines for white-label ATMs, issued by the Reserve Bank of India.
read nowDisclosure rules established for prepaid transactions
August 21, 2006
Digital Transactions: The Office of the Comptroller Administrator of National Banks, a division of the U.S. Department of the Treasury, has issued transaction…
read nowATMs to share biometric system
August 21, 2006
Interactive Investor: Japan's Mizuho Bank and Sumitomo Mitsui Banking Corp. are nearing completion of their talks with Japan Post about sharing ATMs that use…
read nowFirst Data to buy South America's leading payment processor
August 16, 2006
BUENOS AIRES, Argentina - First Data International has announced plans to acquire Argentina-Argencard S.A., a leading payment processor in Argentina and…
read nowTio Networks, Tranax partner
August 14, 2006
ORLANDO, Fla. - Burnaby, British Columbia-based Tio Networks Corp. and Fremont, Calif.-based Tranax Technologies have formed a partnership to deliver new…
read nowBeijing uses biometrics to catch criminals at ATMs
August 14, 2006
(China) Monster and Critics: Chinese police will begin outfitting ATMs with facial-recognition software to help identify suspected criminals. The system will…
read nowGAXC reports net losses for 2Q '06
August 14, 2006
PONTE VEDRA BEACH, Fla. - Global Axcess Corp. reported increases in revenue and profit for the second quarter of 2006, which ended June 30. Revenue from…
read nowArmored-car driver charged with stealing ATM cash
August 13, 2006
Associated Press: Authorities in Benton, La., captured a former armored-car driver accused of stealing $425,000 from an ATM route he used to drive. Daniel…
read nowEuropean Commission, Central Bank team to promote SEPA
August 13, 2006
Datamonitor: The European Commission and the European Central Bank are joining forces to support the single Euro payments area (SEPA) ideal. The move is…
read nowMasterCard reports losses after May IPO
August 13, 2006
Digital Transactions: MasterCard Worldwide, reporting quarterly results for the first time since its initial public offering in May, said it lost $310.…
read nowPacific Financial, Cubis Financial ink gift-card processing deal
August 7, 2006
LODI, Calif. - Pacific Card Services, a division of Pacific Financial Solutions Inc., has signed a multiyear processing agreement with Las Vegas-based Cubis…
read nowSEC investigates Diebold's earnings
August 7, 2006
Reuters: The Securities and Exchange Commission has launched a formal investigation into how Diebold Inc. recognizes revenue. (Read also, Diebold sees revenue…
read nowNCR sells off part of Systemedia portfolio
August 2, 2006
The Associated Press: ATM maker NCR Corp. said Aug. 2 that it sold the U.S. forms and laser documents portfolio of its Systemedia business consumables division…
read nowNexus, Ingenico enter alliance for fraud prevention
August 2, 2006
RALEIGH, N.C. - Nexus Software Inc., provider of integration middleware and services for retail financial systems, and Ingenico UK, provider of secure…
read nowJapan limits cash transfers at ATMs
August 2, 2006
The Asahi Shimbun: In a bid to combat money-laundering and terrorist-financing, Japan's Financial Services Agency will limit cash transfers from ATMs to…
read nowEuronet shares plunge after earnings call
July 26, 2006
The Associated Press: Euronet Worldwide Inc. saw its shares fall in afternoon trading June 26 after Citigroup analyst Tony Wible downgraded the stock to "Hold…
read nowNCR's ATM business sees operating income fall in 2Q '06
July 26, 2006
DAYTON, Ohio - A drop in NCR Corp.'s financial self-service operating income was offset by income increases in the Teradata, Retail Store Automation and…
read nowFiserv's reports strong 2Q, net income improves 3% from '05
July 26, 2006
BROOKFIELD, Wis. - Fiserv Inc. reported a 10-percent revenue increase for the second quarter of 2006, from $996.4 million in 2005 to $1 billion. Net income for…
read nowDiebold's ATM sales fall in North America, jump in EMEA
July 24, 2006
NORTH CANTON, Ohio - Diebold Inc. released promising revenue for the first quarter of 2006, which reflects a 16.5 percent from the same quarter in 2005, but…
read nowDiebold sees revenue rise, net income fall
July 24, 2006
NORTH CANTON, Ohio – Diebold Inc. July 25 reported second-quarter revenue of $726.4 million, a 17.4 percent increase from the same period last year. Net income…
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