Automated teller machines and network services

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/Automated teller machines and network services

Cash is no longer king - survey

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.

/Automated teller machines and network services

Computer programmer gaoled for insider ATM fraud scam

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.

/Automated teller machines and network services

Customers cash in on 'double your money' ATM

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.

/Automated teller machines and network services

Bangkok Bank orders 1200 Diebold ATMs

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.

/Automated teller machines and network services

Card fraud abroad pushes UK losses up 25%

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.

/Automated teller machines and network services

Payzone shareholders vote to remove Nagle and Williamson

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.

/Automated teller machines and network services

Cashcard awards ITS A$250m ATM contract

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.

/Automated teller machines and network services

Social banking start-up SmartyPig in beta launch

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.

/Automated teller machines and network services

Diebold gets $3bn takeover offer

Troubled US ATM manufacturer Diebold has received an unsolicited cash takeover bid, worth around $3 billion, from US conglomerate United Technologies Corporation (UTC).

/Automated teller machines and network services

Nationwide admits ATM blunder

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.

/Automated teller machines and network services

Mizuho rolls out Teradata CRM technology

Japan's Mizuho Bank has implemented customer relationship management (CRM) technology from Teradata to support its multi-channel marketing campaigns.

/Automated teller machines and network services

Travelex releases pre-paid foreign currency card in North America

Travelex is teaming with MasterCard and West Suburban Bank to launch a pre-paid foreign currency card aimed at US customers travelling to Europe.

/Automated teller machines and network services

PIN devices vulnerable to 'tapping' attacks, researchers warn

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).

/Automated teller machines and network services

Norwegians love Web banking

Nearly the entire adult population of Norway - about four million people - now use Internet banking services, according to bank processing firm EDB Business Partners.

/Automated teller machines and network services

Internet banking goes mainstream in US and UK - Gartner

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.

/Automated teller machines and network services

Cheque volumes continue to fall - Apacs

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.

/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.