Processing in the house

A number of market forces, including a dwindling number of third-party transaction processors and interest in new ATM transactions, are causing more ISOs to…

Pulse sees 24% growth in ATM transactions in '04's 1Q

April 18, 2004

HOUSTON - The Pulse network processed a record number of transactions in 2004's first quarter, representing an increase of 35 percent over the first quarter of…

Star intros remote ATM mngt. service

April 12, 2004

DENVER - Star Systems, a First Data company, has become the first company in the U.S. to develop and deploy advanced remote content management capabilities for…

Transaction processor to purchase e-ClassicSystems

April 12, 2004

MONETT, Mo. and NORWOOD, Mass. - Transaction processor Jack Henry & Associates(Nasdaq: JKHY) has signed agreements to purchase e-ClassicSystems, developer…

ANZ Bank closes Windows in overhaul of ATM platform

April 12, 2004

SYDNEY - The ANZ Bank has cancelled an ambitious overhaul of its core ATM banking system after concluding that the shift was not worth the cost and disruption…

First Data revises '04 EPS estimate upward

April 5, 2004

DENVER - First Data Corp. said its 2004 earnings per share will be 17 cents higher than it previously expected, due to the gain from the sale of its 67 percent…

BofA may face 'California question' during Fleet conversion

April 4, 2004

CHARLOTTE, N.C. - Bank of America Corp. has announced plans to convert FleetBoston Financial Corp. to its "Model Bank" processing platform in 2005. Now…

Euronet signs $10M credit agreement, spends $5M to repurchase bonds

March 23, 2004

LEAWOOD, KANSAS - Euronet Worldwide (Nasdaq: EEFT) on Feb. 23 entered into a two-year unsecured revolving credit agreement, providing a facility of up to $1…

eFunds expanding operations in India

March 16, 2004

MUMBAI, India - With the outsourcing market booming in India, eFunds International is expanding its operations in the country, adding 900 employees, which…

Elan to provide ATM programs to correspondent bank's customers

March 15, 2004

BATON ROUGE, La. - Elan Financial Services has partnered with First National Banker's Bank (FNBB) to provide ATM, debit and credit card programs to its…

First Data sells majority interest in GCA

March 10, 2004

LAS VEGAS - Global Cash Access (GCA), a supplier of cash access and customer relationship marketing technologies to the gaming industry, on March 10 completed…

Fiserv venture in outsourcing deal with National Bank of Canada

March 7, 2004

MONTREAL - The National Bank of Canada has signed a 10-year outsourcing deal valued at $368 million with a joint venture between Brookfield Wis.-based Fiserv…

Genpass, Payroll 1 partner on payroll card program

March 3, 2004

IRVING, Texas - Genpass, manager of the MoneyPass surcharge-free ATM network and a provider of PayCard payroll debit cards, and payroll processing company…

In the (ATM) driver's seat

Financial institutions evaluating whether they want to drive their own ATMs or outsource the function to a third party tend to focus on cost and control. A…

Strong 4Q, improved earnings for eFunds in '03

March 2, 2004

SCOTTSDALE, Ariz. - eFunds Corporation (NYSE: EFD) says its fourth quarter net income rose to $10.1 million, or 21 cents per diluted share, compared with net…

Mosaic/Diebold reseller agreement a success

March 1, 2004

NORTH CANTON, Ohio - Since signing a reseller agreement with Mosaic Software in September 2002, Diebold, Incorporated (NYSE: DBD - News) says that more than 3…

Euronet's earnings improve for '03 despite drop in 4Q

February 25, 2004

LEAWOOD, Kan. - A foreign exchange loss drove Euronet Worldwide Inc.'s (Nasdaq: EEFT) fourth-quarter loss, but acquisitions boosted the company's revenue for…

First Data/Concord merger a done deal

February 25, 2004

DENVER - First Data Corp. (NYSE: FDC) says it has completed its merger transaction with Concord EFS (NYSE: CE). First Data now has more than 30,000 employees…

eFunds continues to drive ATMs for Encore Electronic Services

February 24, 2004

SCOTTSDALE, Ariz. - Scottsdale-based eFunds Corp., a provider of risk management, electronic payments, ATM and global outsourcing solutions, has renewed its…

ASAI brings ATM processing in-house

February 23, 2004

TORONTO - Smart Processing Solutions Inc. (SPS), a new division of Canadian transaction pocessor TNS Smart Network Inc. that will serve the United States…