1644 articles tagged with this keyword
News/Automated teller machines and network services
India's ICICI Bank is reportedly looking into spinning off its network of ATMs and payment terminals to a separate company and has sounded out technology vendors about joining the new entity.
19 March 2009
Online banking fraud losses in the UK reached £52.5 million in 2008, a whopping 132% increase on the previous year's tally of £22.6 million, according to annual fraud figures released by payments association Apacs.
US cash machine vendor NCR is ending manufacturing work at its site in Dundee, Scotland, resulting in the loss of 252 jobs.
12 March 2009
Ireland's Payzone has confirmed it is being sued by UK motorway service station operator Welcome Break in a dispute over ATM maintenance targets and charges made to customers for cash machine withdrawals.
11 March 2009
A US federal grand jury has returned an indictment against four men accused of tricking hundreds of victims into investing around $8 million in a bogus 'cashless ATM' business.
05 March 2009
Allied Irish Bank (AIB) says some customers who withdrew money from cash machines on Tuesday had their accounts debited twice following a computer glitch.
25 February 2009
Technology Credit Union has teamed with LocatorSearch to introduce a global positioning system (GPS) download to help members find surcharge-free ATMs.
24 February 2009
Australian police are appealing for information after a gang of thieves blew up a St George ATM and escaped with an undisclosed sum of money in the early hours in Sydney.
10 February 2009
US cash machine outfit Diebold is reporting an eight per cent drop in revenue from the sale of financial self-service and security products in the fourth quarter as banks defer spending during the credit crunch.
04 February 2009
RBS WorldPay, the US payments processing arm of Royal Bank of Scotland Group, allegedly lost $9 million in a 30-minute period during a global ATM heist that involved 100 cloned cards in 49 cities worldwide.
Dutch bank ING has launched a new application for T-Mobile's G1 Google phone that combines the built-in GPS technology with the handset's compass and camera to 'point' users in the direction of the nearest bank ATM.
02 February 2009
Hundreds of people flocked to a Nationwide Building Society cash machine in Manchester yesterday after it started dispensing twice the amount of money requested.
16 January 2009
The European Payments Council has released a set of recommendations designed to counteract card skimming at cash machines.
08 January 2009
South Korean newspaper Chosun Ilbo reports that telecom provider KTF is launching a service called UbiTouch. This will allow customers of 16 of Korea's domestic banks to register multiple accounts to a USIM chip and use the phone to withdraw money just by touching it to one of the 39,000 ATMs nationwide that bear the UbiTouch mark, and entering a password.
22 December 2008
US Fintech vendor Fiserv is to acquire i_Tech Corporation, a provider of outsourced account and payment processing services, from First Interstate BancSystem for $40 million.
16 December 2008
Police in Dubai have arrested three men accused of stealing more than Dh223 million (around £40 million) after obtaining credit card information used in online transactions.
Madhav Nagrik Sahakari Bank, a co-operative in the Indian state of Rajasthan, has inked a five year IT outsourcing deal with IBM to support its move into Internet and mobile banking.
15 December 2008
Visa has outlined plans to accelerate Australia's migration to chip and PIN card technology as part of a five year programme to improve payment system security in the country.
11 December 2008
Italy's Montepaschi Group (GMPS) has introduced a service that lets people pay taxes and fines due to Rome City Council at the bank's ATMs.
10 December 2008
Australian police have arrested a couple in connection with the explosion of a Bank of Queensland cash machine in the city of Brisbane, the latest in a spate of explosive attacks on ATMs in the country.
09 December 2008
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