1644 articles tagged with this keyword
News/Automated teller machines and network services
A man accused by the FBI of being part of a Toronto-based Romanian organised crime gang has been sentenced to over five years in gaol by a US court for skimming bank account details from cash machines.
18 April 2008
Jordan's Cairo Amman Bank (CAB) is rolling out iris recognition technology across its network of ATMs and to teller and customer service desks in over 70 branches.
14 April 2008
Danske Bank says a glitch with its IBM-managed payments network resulted in customers of its subsidiaries in three countries being unable to use their cards to withdraw money from cash machines.
10 April 2008
The banks and building societies that own UK transaction processing outfit VocaLink are in negotiations to sell a minority stake in the venture.
31 March 2008
Brits now prefer to use plastic cards for paying for everyday purchases rather than notes and coins, according to a new survey by personal finance Web site, Motley Fool.
A former computer programmer at Alabama-based Compass bank has been sentenced to 42 months in gaol after he stole a hard drive containing around one million customer records and used the data to create counterfeit cards and withdraw money at ATMs.
28 March 2008
Hundreds of people flocked to a faulty Payzone ATM in the UK city of Hull last week after it started dispensing twice the amount of cash keyed in for withdrawals.
26 March 2008
Thailand's Bangkok Bank has contracted with US ATM manufacturer Diebold for the supply and maintenance of 1200 of the vendor's Opteva cash machines.
18 March 2008
New figures released by UK payments association Apacs shows that industry losses from plastic card fraud jumped by 25% to £535.2 million last year, driven by a hefty 77% rise in fraud committed on UK cards abroad.
12 March 2008
Shareholders in Irish e-payments outfit Payzone have voted to remove CEO John Nagle and CFO John Williamson from the company at an extraordinary general meeting (EGM) held in Dublin.
11 March 2008
Australian ATM operator Cashcard has signed a five year contract, worth A$250 million, with Sydney-based ITS for the supply and maintenance of 6000 Wincor Nixdorf cash machines.
05 March 2008
An online saving service that enables account holders to deposit money and receive funds from others in order to save for specific goals has gone into beta mode in the US.
Troubled US ATM manufacturer Diebold has received an unsolicited cash takeover bid, worth around $3 billion, from US conglomerate United Technologies Corporation (UTC).
03 March 2008
Nationwide Building Society has been forced to apologise to thousands of customers after a technical glitch led to accounts not being debited when cash was withdrawn from some ATMs in Northern Ireland.
29 February 2008
Japan's Mizuho Bank has implemented customer relationship management (CRM) technology from Teradata to support its multi-channel marketing campaigns.
Travelex is teaming with MasterCard and West Suburban Bank to launch a pre-paid foreign currency card aimed at US customers travelling to Europe.
Chip and PIN security is under the spotlight again after researchers at Cambridge University demonstrated that unencrypted card details can be stolen by "tapping" PIN entry devices (PEDs).
27 February 2008
Nearly the entire adult population of Norway - about four million people - now use Internet banking services, according to bank processing firm EDB Business Partners.
22 February 2008
Online banking is now a mainstream access method for retail customers on both sides of the Atlantic, but this has not led to a decline in the use of branch-based services and has actually resulted in higher take-up of other channels such as ATMs, according to a study by analyst house Gartner.
20 February 2008
Cheque volumes declined at a record rate in 2007 as customers reached instead for plastic debit cards to make payments, according to stats released by UK payments association Apacs.
15 February 2008
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