Kenyan banks use ATMs to attract customers

May 24, 2006

All Africa: With the growing need to offer quality services at lower cost, Kenya is experiencing an explosion of electronic cash services, including ATMs. And…

Korean banks expected to invest big bucks in ATMs

May 23, 2006

The Korea Times: Korean banks are expected to spend more than 500 billion won (U.S. $530 million) to introduce new ATMs that can dispense new banknotes…

Indian FIs up ATM fees

May 23, 2006

The (India) Economic Times: Many banks in India are now levying ATM fees and surcharges, especially for foreign transactions. But some argue that charging even…

ATM markets across the world expected to grow

May 22, 2006

ePaynews: Global ATM markets will carry a total worth of $2.88 billion by 2010, up from $2.21 billion in 2005, according to research conducted by Frost &…

Spanish bank signs deal with NCR for Gasper software

May 21, 2006

BARCELONA, Spain - Spanish savings banks El Monte signed a deal with NCR Corp. to implement NCR's self-service management solution, Gasper Vantage, to optimize…

NCR inks ATM deal with Italian post office

May 18, 2006

BARCELONA, Spain- NCR Corp. and Poste Italiane, the national Italian post office, struck a multimillion euro deal for the deployment of 1,000 NCR Personas M…

European Commission, central bank team to promote SEPA

May 18, 2006

Datamonitor: The European Commission and Europe's central bank announced that they are jointly supporting the single Euro payments area ideal. The move is…

HSBC Bank earns excellence award for Check 21 compliance

May 18, 2006

BOSTON - The Association for Work Process Improvement honored HSBC Bank USA as the winner of its Remittance Processing Council's first annual excellence award.

Washington Trust selects Wausau as imaging partner

May 17, 2006

MOSINEE, Wis. - Washington Trust Bank has chosen Wausau Financial Systems as its imaging partner for electronic clearing and settlement through the Endpoint…

Moscow fraudsters busted for draining U.S. accounts at ATMs

May 17, 2006

Pravda.Ru: A group of fraudsters who allegedly stole more than $500,000 from U.S. accounts at ATMs in Moscow have been arrested. Spokespeople for U.S.

ABA supports improvement to transaction reporting

May 17, 2006

WASHINGTON - The American Bankers Association asked Congress to improve cash-transaction reports, or CTRs, by exempting "seasoned business customers" from the…

Global Axcess sells 50% of South African subsidiary

May 17, 2006

PONTE VEDRA, Fla. - Global Axcess Corp. has sold 50 percent of its South African subsidiary, Cash Axcess Corp., to South African private investment firm…

Cardtronics inks ATM branding deal with Sovereign Bank

May 16, 2006

HOUSTON - Following a recent deal to brand nearly 900 ATMs in CVS/pharmacy locations across the northeastern United States (Read also, Sovereign Bancorp signs…

Central, Eastern Europe ATM placements near 70,000

May 16, 2006

LONDON - According to Retail Banking Research, the Central and Eastern European ATM market grew by 26 percent during 2005, reaching a total of 68,50…

Cameras help South Africa's FNB reduce ATM fraud

May 16, 2006

Mail & Guardian: Surveillance cameras have led to an 80 percent drop in ATM fraud at South Africa's First National Bank. FNB ATM chief executive Mike…

British Airways signs deal with ATM:ad

May 16, 2006

NEWPORT-ON-TAY, Scotland - British Airways has signed a long-term deal with the I-design's ATM:ad network. According to a news release, exclusivity will be…

De La Rue takes OCR to new level

May 16, 2006

HAMPSHIRE, England - De La Rue PLC announced in a news release the launch of a new generation of banknote sorters that are optical character recognition, OCR…

Paragon's new releases provide Wincor simulation, envelope-free deposits

May 16, 2006

HOLLY SPRINGS, N.C. - Paragon Application Systems, provider of ATM and EFT configuration, simulation and testing software, announced the latest releases of its…

CSC24Seven taps firm to roll out prepaid program

May 15, 2006

Are things looking up for TRM?

by Tracy Kitten — Editor, AMC

Industry analysts and investors say struggling ATM ISO TRM Corp. might pull a rabbit from its hat before the company's June 15 debt-refinancing deadline.