Proposed legislation and a pending lawsuit push FIs to re-evaluate ATM, debit overdraft fees

by Tracy Kitten — Editor, AMC

October 5, 2009

U.S. Senate Banking Committee Chairman Chris Dodd tells The Buffalo News he is drafting legislation that would require banks to get customer permission before…

Mobile banking pushes FIs to look beyond simple transactions, enhance user experience

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Commentary: Diebold Inc.'s Bob Usner says the mobile channel will be the catalyst for strengthening consumer relationships with banks and credit unions.

'Reverse' ATM caters to Portland's unbanked

by Tracy Kitten — Editor, AMC

October 4, 2009

Residents in Portland, Ore., now have a chance to deposit more cash rather than withdraw it.   According to a news story from Portland's KGW-TV, Channel 8, a…

FDIC taps Huntington Bank to take over small Michigan FI

by Tracy Kitten — Editor, AMC

October 4, 2009

Business First of Columbus reports that Michigan-based Warren Bank, $400 million in assets, has been taken over by Huntington Bancshares Inc., $51 billion in…

Check imaging hits India via ATMs from Diebold and NCR

by Tracy Kitten — Editor, AMC

October 4, 2009

The Economic Times reports that imaging ATMs are hitting New Delhi, India, thanks to the efforts of Diebold Inc. and NCR Corp.   State Bank of India, the…

U.S. credit unions have a marketing advantage

by Tracy Kitten — Editor, AMC

John Berra, marketing director for Credit Union Conferences, says the economic downturn could work in credit unions' favor, if they have enough marketing savvy…

Privier adds international codes to money-transfer offer at ATMs

by Tracy Kitten — Editor, AMC

October 1, 2009

Privier says it has enhanced its FormFree system to include international calling codes.   According to Privier, the enhancement is expected to streamline…

BAI says exhibitor shifts won't hurt November event

by Tracy Kitten — Editor, AMC

CEO Debbie Bianucci says BAI's annual Retail Delivery Expo will remain relevant, but its focus and mission must evolve.

ATM ISOs look to kiosks for deployment, transactional growth

by Tracy Kitten — Editor, AMC

U.S. ISOs are thinking outside the ATM box, pursuing new revenue streams through DVD- and financial-kiosk deployments.

Wells, Chase, B of A cut back on debit overdraft fees

by Tracy Kitten — Editor, AMC

September 24, 2009

The Philadelphia Inquirer reports that pressure from lawmakers pushed three top U.S. banks to cut back on the overdraft fees they collect when their customers…

NYCE signs with Select-a-Branch to expand surcharge-free ATM access

by Tracy Kitten — Editor, AMC

September 24, 2009

NYCE Payments Network LLC has signed with Pennsylvania-based Select-A-Branch ATM Network LLC, an ATM ISO that offers a multibranding feature for banks and…

Global survey reveals bankers fear budget cuts could open door for fraud

by Tracy Kitten — Editor, AMC

September 24, 2009

Ireland-based Norkom Technologies says bankers throughout the world expect their institutions' vulnerability to fraud to increase, as many have cut back on…

Credit Union Services & Products Forum highlights financial future

by Tracy Kitten — Editor, AMC

Credit Union Conferences Credit Union Services & Products Forum wrapped last week in San Diego. Here are a few photographs from the event.

Credit Unions 2010: Reaching new members through new tech, competing in a global market

by Tracy Kitten — Editor, AMC

Gary Hess, who consults with credit unions, says the future will depend on Internet banking, mobile solutions and reaching a younger user.

Online and mobile banking growing, ATM use on decline

by Tracy Kitten — Editor, AMC

September 22, 2009

The Memphis Business Journal reports that consumers prefer to bank online and via mobile devices, according to a new American Bankers' Association survey. The…

Reducing threats for Net-linked security cameras, ATMs

by Tracy Kitten — Editor, AMC

September 21, 2009

CNET reports that ICSA Labs, which sets standards for commercial security products, is expected to announce a new program for helping corporations protect…

Credit Union Services & Products Forum: Engaging a new consumer through multiple channels

by Tracy Kitten — Editor, AMC

Mobile, online and self-service channels offer small- to mid-sized FIs a way to level the banking playing field.

Wells Fargo gets thumbs-up from Information Week for envelope-free ATM deposits

by Tracy Kitten — Editor, AMC

September 16, 2009

Wells Fargo & Company has been recognized by Information Week in its InformationWeek 500 as the No. 4 financial institution for delivering innovative…

Wincor Nixdorf signs ATM deal with State Bank of India for 1,000 machines

by Tracy Kitten — Editor, AMC

September 15, 2009

State Bank of India, Singapore's largest lender, has signed a 1000-ATM deal with AGS Infotech, a partner of Germany-based Wincor Nixdorf AG.   According to a…

Wincor partner introduces sophisticated cash-recycling ATM to Eastern Europe

by Tracy Kitten — Editor, AMC

September 10, 2009

Lithuania-based BS/2, a member of the Penki kontinentai group, says it is now selling the Wincor Nixdorf ProCash 4000, a recycling ATM, to financial…