Automated teller machines and network services

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/Automated teller machines and network services

Diebold cuts 800 jobs; warns of trouble ahead

US ATM manufacturer Diebold is cutting 800 jobs - five per cent of its global workforce - following a disappointing 2007 and amid gloomy forecasts for the coming year as the credit crisis hits bank branch investment budgets.

/Automated teller machines and network services

Payzone calls EGM to oust Nagle and Williamson

Troubled Irish e-payments firm Payzone says at the request of 60% of its shareholders, it is calling an extraordinary general meeting (EGM) to approve the removal of CEO John Nagle and CFO John Williamson from the company.

/Automated teller machines and network services

NCR Q4 profit slips

US ATM manufacturer NCR has posted a hefty 55% drop in fourth quarter net income, reflecting the spin-off of the Teradata data warehousing business in October.

/Automated teller machines and network services

Re-trial for ATM 'thief' given life sentence

A Chinese court will re-hear the case of a man who was handed a life sentence for taking funds from a faulty cash machine which deducted just Yn1 from his account for every Yn1000 withdrawn from the ATM.

/Automated teller machines and network services

VocaLink to manage HSBC ATMs in convenience stores

UK transaction processing outfit VocaLink has won a three year deal to operate HSBC's new remote estate of free-to-use cash machines which will be located convenience stores across the country.

/Automated teller machines and network services

I-design reports RBS ATM advertising deal

The Royal Bank of Scotland (RBS) has signed a deal with ATM advertising specialist i-design which will enable it to run marketing campaigns and display third party advertising across its national cash machine network.

/Automated teller machines and network services

Société Générale and La Banque Postale form e-payments venture

French banking group Société Générale (SocGen) and state-owned postal bank La Banque Postale are establishing a joint venture that will manage the development and operation of their respective electronic payment systems.

/Automated teller machines and network services

NCR hit by downgrade

Shares in US cash machine manufacturer NCR hit a 52-week low on Wednesday after an analyst downgraded the vendor's stock following concerns that banks in North America are cutting back expenditure on ATM upgrades.

/Automated teller machines and network services

Halifax facing chip and PIN fraud lawsuit

UK high street bank Halifax is facing a lawsuit brought by a customer who claims that fraudsters cloned his chip-based card and withdrew £2100 from his account at ATMs.

/Automated teller machines and network services

Cashbox full-year pre-tax losses widen; secures £1m funding

UK independent ATM operator Cashbox has posted higher full year pre-tax losses but the troubled company has received some good news - securing £1 million in funding from MBC Investments.

/Automated teller machines and network services

Royal Bank of Scotland launches 'emergency cash' ATM service

The Royal Bank of Scotland is launching an "emergency cash" ATM service in the run up to Christmas which will provide funds to customers who have had their debit card lost or stolen.

/Automated teller machines and network services

Diebold reports BB&T ATM order

US banking group BB&T has contracted with Diebold for the supply of 300 of the vendor's Opteva ATMs.

/Automated teller machines and network services

Indian m-payments outfit PayMate eyes North American remittance market

Indian mobile payments company PayMate is targeting the growing cross-border remittance and unbanked markets in North America by opening a new office in California.

/Automated teller machines and network services

MobiClear signs TheCard to mobile phone verification system

Card security outfit MobiClear has signed business travel account firm TheCard Scandinavia to technology that enables customers to use mobile handsets to authorise transactions and "switch off" credit and debit cards.

/Automated teller machines and network services

RBC rolls out Teradata CRM technology

Canada's RBC Financial Group is implementing customer relationship management (CRM) technology from Teradata which it will use to support its multi-channel marketing campaigns.

/Automated teller machines and network services

E-banking growth slows in UK - report

After a steady take-up of online banking services between 2000 and 2005, growth has slowed in the last two years and is set to remain sluggish as customers stick to using branches and ATMs, according to a UK study released by Forrester Research.

/Automated teller machines and network services

Apacs and petroleum industry in card fraud prevention initiative

Payments association Apacs is teaming with the UK Petroleum Industry Association to launch a national card fraud prevention campaign. The move follows a spate of card cloning cases involving petrol stations across the country.

/Automated teller machines and network services

Cashbox settles Hanco litigation

UK independent ATM operator Cashbox has agreed to pay £1.8m to settle a litigation brought by Hanco, the cash machine vendor owned by the Royal Bank of Scotland (RBS).

/Automated teller machines and network services

US bank BB&T latest to launch mobile banking

US banking group BB&T is using technology from Californian vendors ClairMail systems and mFoundry to introduce mobile banking services to its customers.

/Automated teller machines and network services

Diebold ATMs to dispense pre-paid cards

Diebold is to offer its customers technology from Arizona-based Better ATM Services which enables pre-paid gift cards to be dispensed via ATM cash trays.