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Flextronics to buy Solectron for $3.6 billion

June 3, 2007

RealTimeTraders: Flextronics International Ltd. has agreed to acquire Solectron Corp. for about $3.6 billion in cash and stock, based on the closing price of…

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Canadian retailer moves forward with chip-and-PIN migration

June 3, 2007

ePaynews: Canadian Tire, one of Canada's largest retailers, says that all 468 of its Canadian Tire Retail-branded stores will be ready to accept MasterCard…

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Barclays launches more banking services in Middle East

May 31, 2007

(Amman, Jordan) Mena Report: Barclays Bank Plc. has launched retail-banking services in the United Arab Emirates. Barclays says it wants to reinvent retail…

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Auditor questions TRM's ability to go on

May 31, 2007

Portland (Ore.) Business Journal: TRM Corp. says PricewaterhouseCoopers LLP's recent audit report raises questions about the company's ability to continue.

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Level Four bridges ATM app gap

May 31, 2007

Arabian Business: Level Four has signed an ATM-testing-solutions deal with National Bank of Dubai as the bank works to upgrade its network. The bank is…

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A new approach

by Tracy Kitten — Editor, AMC

Level Four builds Bridge to impact the way ATMs do business.

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Wincor Nixdorf automates branches with ATMs in Turkey

May 28, 2007

PADERBORN, Germany - Turkey-based Halbank has commissioned Wincor Nixdorf International to automate its branch processes.   According to a news release, some…

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Nigerian bank hires ATM guru to enhance payments solutions

May 28, 2007

All Africa: In a bid to top the industry in electronic transactions, Union Bank of Nigeria Plc. has signed a deal with electronic-banking and ATM guru Jack…

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U.K. raiders get quick access to cash at ATM

May 23, 2007

The (Peterborough, England) Evening Telegraph: ATM raiders in the United Kingdom have grown more brazen and clever. This group or couple of raiders made their…

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REPORT: ATM use continues to rise in U.K.

May 22, 2007

( England ) Banking Business Review: According to a new report from U.K. payments association APACS, cash demands met by ATMs have almost doubled in the…

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SEPA for cards on way to reality in Europe

May 22, 2007

BERLIN - The Single Euro Payments Area, better known as SEPA, for debit cards is becoming a reality in Europe, according to the Euro Alliance of Payment…

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Texas credit union group signs with VSoft for merchant, ATM image capture

May 22, 2007

ATLANTA - VSoft Corp., an information and technology provider for financial institutions, and Southwest Corporate ($11.5 billion in assets), a corporate…

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Thieves nab 200-Pound ATM in less than a minute

May 22, 2007

(Orlando, Fla.) WFTV-TV: It took thieves less than a minute to smash into an Orlando, Fla., Walgreens and drive away with a 200-pound ATM. Three men…

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A tipping point for check imaging?

by Tracy Kitten — Editor, AMC

Check imaging: More growth is on the way.

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Cardtronics reports losses in U.S., growth internationally

May 20, 2007

HOUSTON - Cardtronics Inc. pulled a 7.8 percent increase in first-quarter revenue, but on the profit side, it reported a net loss of $3.4 million - a loss 1…

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3M develops transparent ATM cards

May 20, 2007

Minneapolis/St. Paul Business Journal: 3M Co. has developed a new material for use in what is being touted as the first transparent ATM cards.  Maplewood…

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N.Y. envelope maker releases RFID guard for smart cards

May 20, 2007

UNIONDALE, N.Y. - Envelope manufacturer National Envelope Corp. has developed and is now marketing Smart Card GuardT, a new line of products that shield smart…

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Tranax launches ATM blog

May 15, 2007

NEWARK, Calif. - Tranax Technologies Inc. has launched a corporate blog that will serve as a communication tool between Tranax and its independent ATM…

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TowerGroup says Internet banking is most popular channel

May 15, 2007

NEEDHAM, Mass. - Adoption of online banking by U.S. consumers is going strong, outpacing growth rates for every other method of retail-banking delivery…

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Middle East authorities bust gangs for fake cards

May 14, 2007

The (Qatar) Peninsula: Law-enforcement agencies in Qatar have busted two organized gangs for fake credit cards. The two gangs included members from Malaysia…

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