ATM & Debit News articles from December 2007

ATM & Debit News archives from December 2007

News briefs.
December 6, 2007... Japanese Manufacturers To Develop ATM Software Japan's two largest ATM manufacturers Tuesday announced they are developing ATM software to reduce Japanese banks' ATM costs and enable consumers to perform functions such as loading funds into...

Triton Systems Discloses Job Cuts As Third-Quarter Sales, Earnings Dive: $3 Million To $5 Million Loss Expected In The Fourth Quarter.(Financial report)
December 6, 2007... Triton Systems, AN off-premise ATM manufacturer, last week dismissed 15% of its 500-member workforce, after its parent company, Dover Corp., said Triton's third-quarter sales plummeted 10% from a year ago and that the company had a significant...

Credit Union 24 Adds Allpoint ATMs: Creating For Now The Largest Surcharge-Free ATM Network.
December 6, 2007... Credit Union 24, a credit union-owned PIN debit, point-of-sale and ATM network, has added Allpoint's network of ATMs to its surcharge-free ATM program. CU24 intends to evaluate the program for one year before deciding whether to continue its...

Could Envelope-Free ATMs Start A Replacement Cycle?: Chase Deal May Signal New Hope For Market.
December 6, 2007... JPMorgan Chase & Co.'s announcement last week that it will begin deploying envelope-free, bulk-cash and check-deposit ATMs means the three largest bank owners of ATMs have committed to the new technology. If other large owners of bank ATMs...

Wincor Nixdorf Wins Part Of Chase ATM Contract: Deal Is The Result Of 2006 Sales Realignment, Top Executive Says.
December 6, 2007... Wincor Nixdorf USA has knocked on a lot of doors trying to persuade banks to buy the company's ATMs. Last week, JPMorgan Chase & Co. said yes to Wincor Nixdorf's sales pitch, confirming the bank's belief in the company's machines. Chase's...

Delta Air Moves Toward Cashless In-Flight Purchases.
December 6, 2007... Delta Air Lines, one of the world's largest airlines in terms of passengers carried, is accepting card payments for in-flight purchases on many flights and plans to go cashless early next year. Atlanta-based Delta's plans became clearer...

Vendor Briefs.
December 6, 2007... Better ATM Services Signs Deal With ATM Driver ANI Advanced Network Inc., a San Diego-based ATM driver, has signed an agreement to market Better ATM Services' gift card-issuing software to ANI customers in the United States and Puerto Rico,...

Independently, Two Deployers Expand Surcharge-Free ATM Access.
December 6, 2007... Member Access Pacific and Alliance One separately have entered into agreements that expand surcharge-free ATM access for their members' cardholders. Alliance One announced Nov. 28 that it is adding more than 330 ATMs in Sheetz Inc....

Diebold To Buy Controlling Interest In Central American Distributor.
December 6, 2007... Diebold Inc. is buying the con-trolling interest in the Diebold portion of its long-time Central American distributor's business and is forming a company to sell ATMs and security products directly to banks throughout the region. The price...

Personnel Items.
December 6, 2007... Norm Balthasar Norm Balthasar, one of Fiserv Inc.'s founders and its senior executive vice president and chief operating officer, will retire in December after 33 years with the company and its predecessor. Balthasar will continue as an...

Coming Events.(Conference news)(Calendar)
December 6, 2007... Multifactor Authentication Conference Multifactor Authentication: Forging Ahead in 2007, an encore telephone conference by OnsiteConference, will take place today, Thursday, Dec. 6, at 2:30 p.m. EST. The session presents the state of...

News Briefs.
December 13, 2007... ATM Withdrawals Decrease; Dollar-Value Increases, Fed Says ATM withdrawals decreased 0.4% per year by number but increased 5.2% per year by dollar value between 2003 and 2006, according to the 2007 Federal Reserve Payments Study released...

Consumers Reaching For Debit Over Cash, Checks And Credit: Trends Indicate Debit Will Become Most Popular Payment Choice.
December 13, 2007... Debit card payments in 2006 exceeded credit card payments for the first time, the Federal Reserve said in a study released Monday. Debits strong growth likely indicates debit transactions are replacing cash, check and even credit card...

Cardtronics' Stock Stumbles In Trading Debut: Cardtronics Cut Asking Price, Number Of Shares Offered.
December 13, 2007... Cardtronics Inc.s Stock made its debut Tuesday on the Nasdaq Global Market, but the companys share price quickly fell below the initial $10 asking price. Cardtronics is the worlds largest independent sales organization based on the number of...

Co-op Financial, Costco Expand ATM Agreement: Co-op Is Seeking More National Retail Locations To Provide Clients' Members Surcharge-Free Access.
December 13, 2007... Co-op Financial Services, the Rancho, Cucamonga, Calif., credit union service organization, Monday announced its credit union members 26 million cardholders soon will have surcharge-free ATM access to 341 machines in Costco Wholesale Corp....

Consumers Worldwide Using Less Cash, Study Finds.
December 13, 2007... Consumers surveyed recently in 13 countries are using less cash for payments than they did five years ago, and they believe credit and debit card payments eventually will replace cash and checks, according to KRC Research, which conducted the...

Criminals Replacing POS Terminals With Fakes To Steal Cardholder Data: PCI Requirements For New Terminals Cut Fraud, Manufacturers Say.
December 13, 2007... Thieves are removing point-of-sale PIN-entry devices from stores and replacing them with modified versions designed to skim account data and personal identification numbers, according to a Visa Inc. data security alert issued in November. ...

Diebold Sells 300 ATMs To N.C. Bank.
December 13, 2007... Diebold Inc. announced Tues- day it sold 300 ATMs to BB&T Corp., but it is not the bellwether deal analysts wanted. These are not deposit-automation terminals, says Joseph Richardson, a Diebold spokesperson. Last week, JPMorgan Chase & Co....

Wincor Reports Double-Digit Growth.
December 13, 2007... High sales in the Americas, Africa and Asia Pacific regions led ATM manufacturer Wincor Nixdorf AG Tuesday to report double-digit growth for its 2006-2007 fiscal year ended Sept. 30. The Paderborn, Germany-based company reported a fiscal...

Vendor Briefs.
December 13, 2007... Monitise Americas Rings Up Mobile Banking Monitise Americas, a joint venture of Metavante Corp. and Monitise plc, recently launched a mobile banking program with three financial institutions, says Kristina Peterson, a Monitise Americas...

Personnel Items.
December 13, 2007... Dimitri Michaud Rockville, Md.-based Kaulkin Media appointed Dimitri Michaud as consumer finance analyst in the firms analyst group. Michaud will cover receivables management issues for the consumer finance sector, including bad debt...

Coming Events.(Calendar)
December 13, 2007... Global Infrastructure Leadership Forum The Global Infrastructure Leadership Forum consolidates the top projects from more than 30 countries that are seeking investments and technology. This years theme, Building a More Productive World...

The 2007 ATM&Debit News Index.
December 20, 2007... The 2007 ATM&Debit News index lists titles, dates and a summary of each story published this year. Articles are listed by subject according to the date published. Also included is a list of sources interviewed during the year, their companies...