Canadian FIs say most ATMs are free

March 25, 2007

Financial Post: The head of the Canadian Bankers Association on March 22 disputed claims that ATM fees are making Canada's banks rich. Citing ATM statistics…

European processor reaches out with Level Four's ATM Developer

March 25, 2007

LONDON - Global Payments Europe, provider of processing services to the largest banking groups in Central and Eastern Europe, has announced an expected…

Chicago bank inks processing deal with Metavante

March 21, 2007

MILWAUKEE - Metavante Corp., a subsidiary of Marshall & Ilsley Corp., has signed a core-processing services deal with Chicago-based Corus Bank, the wholly…

First Data, PrivaSys sign licensing deal

March 21, 2007

DENVER - First Data Corp. and PrivaSys Inc., provider of software and card technology, have entered a long-term licensing agreement that allows First Data to…

MoneyPass offers free ATM use at Minnesota chain

March 20, 2007

ST. PAUL, Minn. - The MoneyPass ATM network, owned and operated by Elan Financial Services, has been selected by Snyders Drug Stores to provide surcharge-free…

Data breach leads to bank-freeze in Canada

March 20, 2007

BankNet 360: At least three Canadian Banks are freezing thousands of customer accounts after hundreds bank cards and PINs were skimmed and at least 70 client…

Utah credit unions promote, partner with Co-Op

March 20, 2007

ONTARIO, Calif. - The Utah League of Credit Unions has signed a deal with Co-Op Financial Services to market and promote Co-Op's ATM network and services to…

'White-label' ATMs on rise in Canada

March 20, 2007

Toronto Star: Canadian banks operated 16,190 ATMs last year, reflecting only a slight increase from 2004, according to recent surveys. But the overall number…

Drop in interchange could help, hurt prepaid cards

March 20, 2007

Digital Transactions: Should efforts by merchants to force down interchange rates succeed, the expanding prepaid-card market will be forced to confront one of…

DCI promotes Mac Kay to senior VP

March 19, 2007

HUTCHINSON, Kan. - DCI, provider of full-service bank technology and processing solutions, has promoted Melvin 'Mac" Kay Jr. to senior vice president of…

Coinstar and the unbanked

Coinstar sees future in bill payment.

Innovus shifts focus from ATM to cards

March 18, 2007

New Orleans City Business: Innovus Inc. is changing its focus from ATMs to stored-value cards. The company, formerly of New Orleans, began making the change…

APACS: Cash is big fish in U.K.

March 18, 2007

Finextra: The United Kingdom's payments association APACS says Brits show no signs of abandoning cash anytime soon. That's despite predictions from Visa that…

First Data to buy Instant Cash from Wells Fargo

March 15, 2007

DENVER - Wells Fargo Bank N.A., a subsidiary of Wells Fargo & Company, and First Data Corp. have announced plans for First Data to acquire Wells' Instant…

GFG announces launch of new payment-system products

March 14, 2007

AUCKLAND, New Zealand - GFG Group Ltd. has announced the launch of its new Cadencie and Simfonie products, bringing its card and mobile payments offerings…

Fiserv buys financial-crime-management company

March 13, 2007

BROOKFIED, Wis. - Fiserv Inc., provider of information-technology services, announced the acquisition of NetEconomy, a financial-crime-management and…

Livewire, Tranax partner on ticketing kiosk deployment

March 12, 2007

FREMONT, Calif. - Livewire International Inc., provider of self-service document-delivery systems, and Tranax Technologies Inc. have partnered to provide new…

First Data opens office in Poland

March 12, 2007

WARSAW, Poland - First Data International announced plans to extend its presence in Poland by building and developing relationships with local clients and…

First Data to buy data-analytics company

March 12, 2007

OMAHA, Neb. - First Data Corp. has signed an agreement to acquire Intelligent Results, a customer-data analytics and decision-management-software company. …

Independent bankers group endorses Moneypass surcharge-free ATM network

March 12, 2007

SAN FRANCISCO - Western Independent Bankers Service Corp. has endorsed Elan Financial Services' MoneyPass network as its "Value & Income Program" partner…