First Data's FI-services segment shows revenue, profit loss

April 20, 2006

DENVER - First Data Corp. reported April 21 that revenue for the first quarter of 2006 hit $2.7 billion, up 10 percent from the same period last year. Net…

Global Axcess expects greater net loss for '05

April 19, 2006

PONTE VEDRA, Fla. - Global Axcess Corp. is again changing its financial guidance for 2005. Earlier this month, Global Axcess announced corrections to reported…

ATM scam suspects in New Zealand may have fled

April 19, 2006

Stuff: Police investigating the fraudsters behind an ATM scam in New Zealand are hopeful that the thieves will be brought to justice, despite reports that the…

JPMorgan buys retail banking business

April 19, 2006

Datamonitor: JPMorgan Chase & Co. has acquired the retail arm of the Bank of New York, in exchange for JPMorgan's corporate trust operations and a cash…

TRM board member resigns

April 13, 2006

The (Portland) Business Journal: Lance Laifer, independent director and audit committee chairman of TRM Corp., has resigned from the company's board of…

Ukrainian banks merge ATM networks to compete

April 12, 2006

Kyiv Post: Banks owned by two of Ukraine's richest tycoons have decided to merge their ATM networks to compete with Ukrainian competitors like Privatbank…

New Zealand police get Interpol help to track ATM skimming

April 12, 2006

Bloomberg: New Zealand police have tapped Interpol to help track fraudsters after the country had its first cases of skimming. Bank of New Zealand Ltd., the…

Three arrested in robbery that included trapping employee in ATM

April 11, 2006

WDIV-TV (Detroit): Three men have been in arrested in connection with the robbery that left an employee trapped inside an ATM machine in Detroit's Canton…

Judge sends NCR, KAL to arbitrator

by Tracy Kitten — Editor, AMC

April 10, 2006

Nearly a year and a half after Dayton, Ohio's NCR Corp. sued multivendor software provider Korala Associates Ltd. (KAL) for copyright infringement, a federal…

Auditors question TRM's viability

April 10, 2006

Associated Press: TRM Corp. said April 7 that its auditor, PricewaterhouseCoopers LLP, has raised questions about the company's ability to continue.

Canadian ATM bandits sentenced

April 6, 2006

The Globe and Mail: A New Brunswick judge sentenced a Montreal couple for ripping off banking machine customers in four provinces. The couple pled guilty to…

Global Axcess releases financial update

April 3, 2006

PONTE VEDRA, Fla. - Independent ATM solutions provider Global Axcess Corp. announced that it is changing its financial guidance for the year.

Seven arrested in PIN-hack case

April 2, 2006

Digital Transactions: Authorities nabbed seven individuals this week as part of the U.S. Secret Service's newly disclosed Operation Rolling Stone undercover…

TRM reports increased sales, operating loss

March 30, 2006

PORTLAND, Ore. - Despite a healthy increase in ATM sales in 2005, TRM Corp. Dec. 30 reported operating losses for both the fourth quarter and full year.

Visa, ABA urge Aussie regulators to reform interchange rules

March 26, 2006

Datamonitor: In 2003 the Reserve Bank of Australia enforced reforms to the credit card payment system, which reduced interchange fees. Visa and the Australian…

Welfare recipients pay high fees at ATM for benefits

March 23, 2006

CBS (Denver) Channel-4: Denver welfare recipients have paid more than $1.8 million in ATM fees in the last two years to access their benefits, The Denver Post…

Fujitsu does damage control

March 23, 2006

Digital Transactions: In the game of assessing blame for the massive debit-card breach that has compromised an estimated 600,000 accounts, POS software…

Debit-card fraud underscores legal loopholes

March 22, 2006

The Register: Recent widespread debit-card fraud likely has roots in three major data leaks that occurred in the last six months. (Read also, Debit card crime…

BillMatrix counsels California commission on bill-pay legislation

March 20, 2006

Houston Chronicle: BillMatrix Corp., a provider of outsourced telephone and Internet-based payment services and a subsidiary of Fiserv Inc., briefed the…

TRM Corp. expects losses

March 19, 2006

The Business Journal of Portland: TRM Corp. is delaying fourth-quarter and full-year financial filings until on or before March 31. When the company does file…