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Regulation / Legislation News & Media

Fiserv reports strong 2Q

July 24, 2005

BROOKFIELD, Wis. - Fiserv Inc. announced last week that its net income during the second quarte, which ended June 30, rose 20 percent, from $95 million (4…

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ATM news of the weird: Truth is stranger than fiction

by Tracy Kitten — Editor, AMC

July 10, 2005

Just to keep our readers on their toes, we've compiled a list of some of the strangest ATM news to recently make headlines.

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Brinks courier charged for stealing from ATM

July 10, 2005

The Rogersville Review: A Maryville, Tenn., man who worked as a courier for the Brinks Company is facing charges for taking more than $10,000 from an ATM in…

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Update: California ATM-fee bill sails to Assembly floor

July 6, 2005

A California bill that would enable ATM owners to charge transaction fees to non-U.S. card holders took a major step toward passage July 6, when it won…

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Diebold cuts jobs as ATM financial outlook drops

July 4, 2005

NORTH CANTON, Ohio - Diebold Inc. announced Thursday that it is cutting its profit expectations for the second quarter and rest of the year because of a drop…

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Diebold target price reduced

June 30, 2005

newratings.com: Analysts at Robert W. Baird reiterated their "outperform" rating on Diebold Inc., while reducing their estimates for the company. The target…

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ACS wins $24M contract with New Jersey DHS

June 23, 2005

Dallas Business Journal: Dallas-based Affiliated Computer Services Inc. on June 21 said it has won a five-year, $24 million contract to provide electronics…

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NCR settles suit with maintenance company

June 22, 2005

MarketWatch: NCR Corp. said Wednesday that it settled its suit against Tecniflex, which was alleged to have stolen and misused some of NCR's diagnostic…

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Berkeley permit fees could chill ISO business

ISOs doing business in Berkeley, Calif., say newly enforced permit fees could shut down their ATMS.

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Surcharging hits Mexico

by Tracy Kitten — Editor, AMC

For more than seven years, Jorge Fernandez has been laying the groundwork for off-premise ATMs with convenience fees in Mexico. Now, finally, after months and…

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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…

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Man pleads 'not guilty' in ATM theft scheme

May 10, 2005

Associated Press: A Romanian national with alleged ties to Russian organized crime has been ordered held on $2 million bail after being accused of leading an…

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eFunds' 1Q earnings reflect growth in EFT processing, outsourcing

May 8, 2005

SCOTTSDALE, Ariz.- eFunds Corp. reported first quarter net revenue of $114.2 million, an 8 percent increase from Q1 2004, according to a news release.

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Bank of Ireland takes Brinks to court

May 1, 2005

Banking Business Review Online: Bank of Ireland is expected to take Brinks Allied to court over the security company's refusal to transport cash to a select…

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Three jailed for ring of ATM scams in Europe

April 24, 2005

Reading Evening Post: Three East Europeans have been jailed in the United Kingdom for an ATM skimming scam.The three - all university graduates from countries…

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ATMs move toward remote key management

April 19, 2005

With rapidly changing regulatory and technical environments, many financial institutions are emulating the Boy Scouts. They want to �be prepared� with ATM…

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BREAKING: FSPA files for preliminary injunction

April 18, 2005

ALBUQUERQUE, N.M. - The Financial and Security Products Association filed a motion April 19 for a preliminary injunction against North Canton, Ohio-based…

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Foreign gang suspected of 47 ATM thefts

April 13, 2005

Daily Post: Police in Wales believe an overseas gang may be behind a spate of thefts from North Wales ATMs.

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ATM transactions hit limit in Taiwan

April 13, 2005

CNA News: The amount of money a customer in Taipei, Taiwan, can transfer via an ATM to an unspecified bank will now be limited to NT $30,000 (U.S. $948.91…

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Australia's financial industry revisits ATM fee reform

April 7, 2005

The Age: The financial services industry in Australia has been called upon to speed up the process to reform Australia's ATM payment systems.

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