First Data marks record debit card volume

February 26, 2002

OMAHA, Neb. -- Over 745 million debit card transactions were processed by First Data Corporation's card services division in 1998 -- a 55 percent increase in…

Newly linked Japan ATM network does booming business

February 25, 2002

TOKYO -- A total of 73,620 transactions were conducted during the week of Jan. 18 on ATMs linking the network of the postal savings system with those of some…

Honor and Star merger approved

February 25, 2002

MAITLAND, Fla.-- The Honor and Star networks announced that they have received Federal Reserve approval to merge after The Federal Reserve Board of Governors…

Capture Systems, TII-Smart Solutions open processing center in Mexico

February 25, 2002

MIAMI and SAN JOSE, Costa Rica - Capture Systems, a provider of off-premise ATMs for Latin America and the Caribbean and marketing solutions for the retail and…

Cash Technologies announces e-commerce platform

February 24, 2002

Los Angeles -- Cash Technologies, Inc. announced that it has filed a patent application related to its electronic commerce (e-commerce) platform with the…

Transaction Network Services to convert Branch Banking & Trust ATMs

February 24, 2002

RESTON, Va. -- Transaction Network Services, Inc. announced that it has signed an agreement with BB&T Corporation to provide enhanced ATM technology and…

Betting Inc. announces first revenues, plans to accept ATM cards

February 24, 2002

LAS VEGAS -- Betting Inc. announced it has generated first revenues by acting as a gaming transaction facilitator for Goldmine Casino. Using their credit cards…

One Valley Bank to install Diebold`s merchant banking center

February 24, 2002

CHARLESTON, W.Va. -- One Valley Bank in Charleston, W.Va., has purchased the new Merchant Banking Center™ from Diebold, which integrates Diebold's 1062ix ATM…

Visa sets world record for global payment processing volume

February 24, 2002

Visa International announced that it has set a world record in financial services by processing more than 110 million payment transactions in a single day on…

Lipman terminal offered as part of U.S. Wireless Data`s Wireless Express Payment Service

February 24, 2002

EMERYVILLE, Calif.-- Lipman USA Inc., the nation's third largest supplier of POS terminals, and U.S. Wireless Data, Inc. jointly announced the availability of…

Oki Electric releases multifunctional ATM

February 24, 2002

TOKYO -- Oki Electric Co. has introduced a multifunctional ATM that is able to perform both conventional and electronic transactions, according to the Nikkei…

Georgia Bankers Association endorses Intercept Switch surcharge-free ATM network

February 24, 2002

NORCROSS, Ga.-- The InterCept Group announced that the Georgia Bankers Association (GBA) has entered into a joint marketing agreement with InterCept…

Japanese banks to refer some clients to ATMs

February 24, 2002

TOKYO -- Fuji Bank and Sanwa Bank each plan to begin screening individual customers visiting their branches, referring those with minor transactions to…

Diebold, Loomis Fargo sign national cash handling agreement

February 24, 2002

HOUSTON -- Diebold, Incorporated (NYSE: DBD) and Loomis, Fargo & Co. have signed a national cash handling services agreement that will help streamline…

PULSE sets new record in October

February 21, 2002

HOUSTON -- The number of electronic banking transactions processed by PULSE(R) EFT Association hit an all-time high of more than 31 million in October…

Are ATMs an alternative for the ''unbanked'?

ATMs are usually available only to bank customers. But some companies think it makes sense for the "unbanked" to get their cash at an ATM. by Ann All, editor

Back to the future

"Keep it simple" is the mantra of electronic payments veteran Del Tonguette. He says marketing is more important than any high-tech bells and whistles when it…

TSYS aligns with M&I Data Services to offer online debit processing

February 21, 2002

COLUMBUS, Ga. -- Total System Services, Inc. (NYSE: TSS) has signed an agreement with M&I Data Services that will allow TSYS to enter the PIN-based debit…

Concord EFS to acquire Cash Station

February 21, 2002

MEMPHIS, Tenn. -- Concord EFS, Inc. (NASDAQ: CEFT), has reached an agreement to acquire Cash Station, Inc., the seventh-largest EFT network in the U.S.

Concord EFS first quarter earnings up

February 21, 2002

MEMPHIS, Tenn.-- Concord EFS, Inc. (NASDAQ: CEFT), an electronic payment solutions provider, announced first quarter 2000 revenue of $257.8 million, up 4…