ATM & Debit News articles from December 2008

ATM & Debit News archives from December 2008

NEWS BRIEFS.
December 4, 2008... ATMS Emerge From Bank Mergers As Leading Players The financial crisis has helped to thrust ATMs into a leading role for financial institutions to introduce banking services to new customers, according to a report released this week by...

TRM Takes Access To Money's Name; Company Also Moves To New Jersey.(ATM News)
December 4, 2008... Byline: Frederick H. Lowe TRM Corp., one of the nation's largest ATM independent sales organizations, is in the process of changing its name to Access To Money, a company TRM purchased in April for $15 million (ADN, 4/24). Industry...

Internet PIN-Debit Pilots Face Major Hurdles In Getting Consumer And Merchant Support.(Debit News)
December 4, 2008... Byline: Will Hernandez Two separate PIN-debit pilots planned by the Accel/Exchange and NYCE, electronic funds transfer networks, face a series of major challenges, including offering competing systems when merchants would prefer one system...

Analysts Deliver Mixed Messages About NCR's And Diebold's Earnings Estimates.(ATM News)
December 4, 2008... Two analysts who monitor companies that make ATMs recently delivered mixed messages about 2008 and 2009 earnings estimates for NCR Corp. and Diebold Inc. Gil Luria, an analyst with Los Angeles-based Wedbush Morgan Securities Inc., reduced...

Web Site Helps Keep The Public's Pulse On Debit.(Debit News)
December 4, 2008... Byline: Will Hernandez Pulse, a Houston-based electronic funds transfer network, has launched a Web site for consumers designed to clear up misconceptions about debit cards. Industry officials write articles for debitfacts.org and Pulse...

Triton/Nautilus Hyosung Deal Hits Roadblock.(ATM News)
December 4, 2008... U.S. Department of Justice attorneys still have not signed off on a deal allowing South Korean ATM manufacturer Nautilus Hyosung Inc. to purchase competitor Triton Systems of Delaware Inc. for an undisclosed price. Nautilus Hyosung and...

Bank Machine Invests In Armored Car Service.
December 4, 2008... Bank Machine Ltd., a United Kingdom-based independent ATM operator, said last week it would establish its own "cash-in-transit" operation that would enable the company to ship its own cash to its ATMs. Cardtronics Inc. of Houston owns Bank...

Personnel.
December 4, 2008... Total System Services Inc. Columbus, Ga.-based Total System Services Inc. Tuesday promoted three employees to its senior management group. The company promoted Kelley Knutson to executive vice president of Global Services, Virginia A....

Coming Events.(Calendar)
December 4, 2008... International Commercial Cash Operations The 2009 International Commercial Cash Operations Seminar will be held March 22-25 at the Drake Hotel in Chicago. PSCU Financial Services St. Petersburg, Fla.-based PSCU Financial Services...

NEWS BRIEFS.
December 11, 2008... PSCU Signs Debit, ATM Deal New Horizons Credit Union last month signed a five-year agreement to move the management of its signature- and PIN-debit card accounts to PSCU Financial Services. The St. Petersburg, Fla.-based credit-union...

NCR Testing Flight Check-In With Mobile Phones In New York.(ATM News)
December 11, 2008... Byline: Frederick H. Lowe NCR Corp., one of two leading companies that sell self-check-in kiosks to the world's airports, has been piloting a technology that enables passengers to check in for flights using their cellular telephones. ...

Federal Reserve Board Expected To Enact Debit Overdraft Regulations.(Debit News)
December 11, 2008... Byline: Will Hernandez A battered U.S. economy may prompt federal agencies to enact proposed regulations regarding overdraft practices that the Federal Reserve Board, the Office of Thrift Supervision and the National Credit Union...

Phoenix Adds Prepaid Debit To Check-Cashing Service.(Debit News)
December 11, 2008... Byline: Daniel Wolfe, American Banker Phoenix Check Cashing Inc. has added prepaid debit cards and bill-payment capabilities to its payments offerings in an attempt to spur more use of its core service: biometric check cashing. ...

Washington State Credit Union Promotes New Branch By Having Its ATM Dispense 100 Bonus $50 Bills.(ATM News)
December 11, 2008... At a time when companies are laying off workers and slashing bonuses, Industrial Credit Union in Bellingham, Wash., is playing Santa. To promote its newest branch in the upscale Bellingham business district and residential neighborhood of...

Wincor Nixdorf Reports 8% Rise In Fiscal 2008 Sales.(ATM News)(Financial report)
December 11, 2008... Wincor Nixdorf AG, the world's second-largest ATM manufacturer based on 2007 worldwide shipments, on Tuesday reported net sales of $3 billion for the 2008 fiscal year, ending Sept. 30. Sales increased 8% compared with $2.78 billion the 2007...

Personnel.(ATM News)
December 11, 2008... Edgar, Dunn & Co. Edgar, Dunn & Co., a London-based global financial services payments company, says Adrian Cannon has joined the firm as a director in its London office. Cubis Financial Ltd. Cubis Financial Ltd.'s board of...

Coming Events.(ATM News)(Calendar)
December 11, 2008... International Card Manufacturers Association The International Card Manufacturers Association Green Task Force will meet Jan. 16 at the Renaissance Barcelona Airport in Barcelona, Spain. The task force's goal is to develop an...

NEWS BRIEFS.
December 18, 2008... Fifth Third Processing Renews ATM-Management Deal Fifth Third Bank Processing Solutions has renewed an ATM-management agreement with Denver-based Independent Bankers of Colorado. Terms were not disclosed. The deal announced Monday...

Coming Events.(Calendar)
December 18, 2008... International Card Manufacturers Association The International Card Manufacturers Association will hold its annual card manufacturing and personalization and expo March 31 to April 3 at the Caribe Hilton in San Juan, Puerto Rico. ...

ATMs Morph Into Effective Marketers, Driving New Business To One Bank.(ATM News)
December 18, 2008... Byline: Frederick H. Lowe As cash withdrawals from ATMs continue to decline, some banks have expanded the role of the machines to drive more business to the bank. The banks are featuring ATMs in their integrated marketing campaigns,...

A Google Mobile Rollout Puts Visa Inside Phone.(Debit News)
December 18, 2008... Byline: Steve Bills, American Banker Visa Inc. is pushing forward with plans to make the mobile phone an important financial tool by offering its first commercial application to link handsets with U.S. payment cards. Visa has been...

The Smoldering Issue Of ATM Fees Flares Again.(Debit News)
December 18, 2008... Byline: Robin Arnfield For some Canadian politicians, consumers having to pay to access their cash has become an issue to exploit. In 2007, the left-leaning New Democratic Party launched a campaign against what it deemed to be...

More Consumers Will Use Cards To Pay For Purchases.(ATM News)
December 18, 2008... More consumers will use credit and debit cards to pay for holiday gifts this year, while the use of cash will decrease slightly, suggest survey results from Consumer Reports. In an annual survey of 1,000 adults, Consumer Reports said that...

Italian Bank Launches Tax-Collection Service Using ATMs.(ATM News)
December 18, 2008... Montepaschi Group said recently it has introduced a service that enables consumers to pay fines and taxes using the Italy-based bank's ATMs. Montepaschi Group said Wednesday it has introduced a service that enables consumers to pay fines...

Generation Y's Clout Prompts States To Accept Debit Cards.(Debit News)
December 18, 2008... Byline: Will Hernandez Evolving consumer-payment preferences, especially among Generation Y, is one reason why some state-government agencies have begun accepting electronic payments for property taxes and motor vehicle and court fees. ...

SunTrust Banks To Resell Health Savings Accounts.(Debit News)
December 18, 2008... SunTrust Banks Inc., a $174.8 billion-asset bank based in Atlanta, has signed an agreement to resell ConnectYourCare health savings accounts to SunTrust business clients, says a ConnectYourCare spokesperson. SunTrust Banks will issue a...

Personnel.
December 18, 2008... Bank of America Bruce Hammonds, president of Bank of America Global Card Services, will retire at the end of the year, the bank recently announced. Charlotte, N.C. -based BofA also announced that Ric Struthers, Consumer Credit Risk...