ATM & Debit News articles from February 2009

ATM & Debit News archives from February 2009

UniRush Holds Prepaid Card Contest.(News Briefs)
February 5, 2009... UniRush LLC, marketer of the Visa-branded, reloadable RushCard and Baby Phat RushCard prepaid cards, is holding a contest to encourage cardholders to deposit tax refunds directly onto their card accounts. The contest winner will have lunch in...

UK's CashBox Reports ATM Growth.(News Briefs)
February 5, 2009... Cashbox PLC, a United Kingdom-based nonbank ATM owner and operator, said Friday it had an installed base of 2,838 machines as of Dec. 31, up 38.8% from 2,045 machines six months earlier. Cashbox, which disclosed the numbers at its annual...

Yellow Cab Of San Francisco Paying Some Drivers With Prepaid Debit Cards.(Prepaid News)
February 5, 2009... Byline: Will Hernandez Cashiers working for the SAN Francisco Yellow Cab Cooperative used to make daily trips to a bank and withdraw at least $30,000 in cash to pay that day's drivers. They no longer have to do so. First National...

NCR Wins Contract In Mexico For Its SelfServ32 Bill-Payment ATM.(ATM News)
February 5, 2009... Byline: Frederick H. Lowe NCR Corp.'s recent success in selling ATMs to Nextel Mexico, one of Mexico's leading cellular-telephone operators, represents a change in philosophy by U.S. companies developing products to meet the needs of...

PSCU Launches Contactless-Debit Campaign To Attract Younger Cardholders To Credit Unions.(Debit Cards)
February 5, 2009... Byline: Will Hernandez PSCU Financial Services, one of the nation's largest credit-union service organizations, last week launched a campaign to help member credit unions promote contactless debit cards to existing and potential customers,...

NCR Cuts Workers At Texas Plant, Drops Two ATM Lines.(ATM News)
February 5, 2009... NCR Corp., which said it would cut expenses up to $250 million by 2010, has laid off workers at its Carrollton, Texas, ATM- manufacturing plant. The Dayton, Ohio-based manufacturer also will discontinue making two lines of ATMs for the retail...

National Banks Provide Diebold With A Bright Spot.(ATM News)
February 5, 2009... The nation's three largest banks provided ATM manufacturer Diebold Inc. with one of its few bright spots by continuing to deploy intelligent envelope-free deposit ATMs, Thomas Swidarski, Diebold president and CEO, told analysts today during a...

Personnel.
February 5, 2009... Co-op Financial Services Co-op Financial Services has named Lynn Kneebone director of sales for the Eastern United States. Kneebone will be responsible for maintaining relationships with member credit unions and managing Co-op Financial's...

Coming Events.(Calendar)
February 5, 2009... Diebold Inc. Diebold Inc. will hold its integrated services symposium Feb. 3 to 5 at the Hyatt Regency Orange County in Anaheim, Calif. Swacha Swacha-The Electronic Payments Resource will hold a two-day workshop for financial...

Deal Extends Surcharge-Free Networks.(News Briefs)
February 12, 2009... A recently announced reciprocal deal increases the geographic reach of surcharge-free ATM operators MoneyPass Network and InterCept Switch. Jacksonville, Fla.-based Fidelity National Information Services Inc. owns InterCept, which is based in...

H&R Block Extends Debit Deal.(News Briefs)
February 12, 2009... MasterCard Worldwide and H&R Block Inc. last week agreed to a five-year extension of their debit card-processing agreement. H&R Block Bank issues the Emerald Prepaid MasterCard to its tax-preparation clients, and MasterCard processes the...

Reload Networks Dubbed Prepaid's 'Holy Grail' As Locations Increase.(Prepaid News)
February 12, 2009... Byline: Ben Jackson Recent announcements by MoneyGram International and nFinanSe Inc. about growth in the number of places they offer reloading services to prepaid cardholders illustrate the importance of reloading to the prepaid industry....

Wincor Nixdorf Says Its ATM Shipments Increased 24% In 2008.(ATM News)
February 12, 2009... Byline: Frederick H. Lowe NCR Corp., Wincor Nixdorf AG and Diebold Inc., the world's three largest ATM manufacturers, traditionally have not disclosed their worldwide shipment data for competitive reasons. Last week, Paderborn,...

Canadian Firm Seeks To Change The E-Commerce Experience.(Debit News)
February 12, 2009... Byline: Will Hernandez Heightened attention to data breaches tied to point-of-sale software and online shopping carts is bolstering a security-engineering company's argument that the use of PINs on the Internet can be done securely only...

ING Introduces ATM Finder For Google Smart Phone.(ATM News)
February 12, 2009... ING Bank has introduced a downloadable application for the Google G1 Smart Phone that enables phone users to find ATMs, regardless of whether they are deployed inside buildings or outside. ING calls the application Wegwijzer, and consumers...

NCR Reports 37% Decline In Q4 Net Income.(ATM News)(Financial report)
February 12, 2009... NCR Corp. last week reported net income of $56 million for the fourth quarter ended Dec. 31, down 37% from $89 million for the same three-month period in 2007. Full-year net income was $228 million, a 17% decline from $274 million in 2007. ...

Personnel.
February 12, 2009... Hypercom Corp. Jacques-Herve Maupin was named managing director, Asia Pacific. Maupin previously was managing director, Asia Pacific, at Oberthur Technologies. He replaces TK Cheung, whom Hypercom appointed to the newly created position of...

Coming Events.(Calendar)
February 12, 2009... Swacha Swacha-The Electronic Payments Resource will hold a two-day workshop for financial professionals Feb. 25 to 26 at the DoubleTree Hotel in Dallas. Diebold Inc. Diebold Inc. will hold its integrated services symposium...

Some 1.4 Million ATMs Accept Cards Backed By MasterCard.(News Briefs)(Conference notes)
February 19, 2009... Cards supported by MasterCard Worldwide are accepted at 1.4 million of the world's 1.7 million ATMs, Leland Englebardt, MasterCard vice president, told ATM&Debit News last week at the ATM Industry Association's 10th Annual Conference and Expo...

Personnel.
February 19, 2009... White Eagle Europe PLC White Eagle Europe PLC has named Natasha Toothill business development director. Toothill formerly was director of gift card services at Payzone UK Ltd. She was responsible for launching Payzone's card division....

Coming Events.(Calendar)
February 19, 2009... ACSwacha-The Electronic Payments Resource Swacha-The Electronic Payments Resource will hold a two-day workshop for financial professionals Feb. 25 to 26 at the DoubleTree Hotel in Dallas. Diebold Inc. Diebold Inc. will hold its...

Report Ties Potential Customer Loss To ATM Breaches.(News Briefs)
February 19, 2009... Sixty-seven percent of checking-account customers are likely to switch financial institutions if criminals breach their banks' ATMs, suggest the results of a survey commissioned by Level Four Americas LLC, which manufactures the Bridge suite of...

Prepaid Debit Seen As A Lure For Some Checking Customers.(Prepaid News)
February 19, 2009... Byline: Maria Aspan Banks could lose up to $20 billion of annual revenue if a large number of checking accountholders move their money to prepaid debit card accounts, according to a report released last week by Aite Group LLC. At least...

Manufacturers Urge ISOs To Embrace Multifunction ATMs.(ATM News)(Conference notes)
February 19, 2009... Byline: Frederick H. Lowe Nashville, Tenn.-John W. Kniffley Jr., owner of Commercial Union ATM, an ATM Express Inc. franchise operator based in Charlotte, N.C., is not so sure independent sales organizations such as his should shift their...

IPhone Becomes Remote Terminal With Proposed Card-Acceptance App.(Debit News)
February 19, 2009... Byline: Steve Bills A California entrepreneur has developed a card-acceptance application for Apple Inc.'s iPhone, underscoring the rapid emergence of smartphones as mobile financial tools. Randy Palermo, a Tustin, Calif.-based...

Vendor Briefs.
February 19, 2009... ACSpectrum Moves ATM And Debit Processing To The Members Group Spectrum Federal Credit Union has converted its debit and ATM processing to The Members Group, a Des Moines, Iowa-based processor, both companies said Monday. San...

NovoPayment Signs Prepaid Card Agreement In Peru.(Prepaid News)
February 19, 2009... NovoPayment Inc., a Miami-based manager of prepaid card programs in Latin America, has formed a joint venture with Interbank Group, a Peru-based holding company to issue prepaid electronic benefit transfer, or EBT, cards that will replace...

Prepaid Card Issuer Lays Off 11% Of Its Workforce.(Prepaid News)
February 19, 2009... Stored Value Solutions Inc. has cut 11% of its workforce, the prepaid card issuer and processor confirmed last week. Louisville, Ky.-based Stored Value, which is owned by Minneapolis-based Ceridian Corp., provides custom gift and prepaid...

Triton Is Offering An ATM Rebate.(ATM News)(Conference notes)
February 19, 2009... Unveiling a strategy to increase sales during the country's economic recession, Triton Systems of Delaware Inc., one of the nation's largest ATM manufacturers, is for the first time in company history offering a $500 rebate to its target market...

NEWS BRIEFS.
February 26, 2009... Fifth Third Signs Processing Agreement With 2 Credit Unions Fifth Third Bank Processing Solutions has signed processing agreements with two credit unions based in Hawaii, Honea Federal Credit Union in Fort Shafter and Ewa Federal Credit...

Coming Events.(Calendar)
February 26, 2009... NACHA NACHA's Payments '09 will be held April 5 to 8 at the Orlando World Center Marriott in Orlando, Fla. Diebold Inc. Diebold Inc. will hold its integrated services symposium March 10 to 12 at the Marriott Charlotte City Center...

Fed May Expand Reg E Protections To Consumer-Purchased Prepaid Cards.(Prepaid News)(Conference notes)
February 26, 2009... Byline: Frederick H. Lowe The Federal Reserve Board could extend Electronic Funds Transfer Act protection to general purpose, reloadable prepaid cards, a move the Consumers Union argues may be the government's response to the recent breach...

Video Game Firm Hopes Prepaid Card Will Open Door To More Innovation.(Prepaid News)
February 26, 2009... Byline: Will Hernandez Prepaid Solutions USA's partnership with a major video-game developer and publisher to introduce a reloadable prepaid debit card may open the door to similar arrangements between prepaid providers and the video-game...

Wal-Mart Cuts Card Fees To Lure Banks' Clients.(Prepaid News)
February 26, 2009... Byline: Maria Aspan By slashing the fees of its POPULAR prepaid debit card, Wal-Mart Stores Inc. is making a bid for a wide swath of banks' checking and credit card customers. The Bentonville, Ark.-based retailer last week announced it is...

VENDOR BRIEFS.(Prepaid News)(Conference notes)
February 26, 2009... Nautilus Hyosung Sold Nearly 20,000 ATMs Last Year ATM manufacturer Nautilus Hyosung America Inc. says it sold more than 20,000 ATMs in North America last year, up 39% compared with 14,433 in 2007. "Last year was a very strong year for us....

Triton Settles Lawsuit Against Former Executives.(ATM News)
February 26, 2009... ATM manufacturer Triton Systems of Delaware Inc. last week disclosed it had settled a civil lawsuit filed against its former president and CEO and two other former senior executives. Long Beach, Miss.-based Triton had accused Brian Kett,...

AmEx Wants Some Customers To Leave Home Without Its Cards.(Prepaid News)
February 26, 2009... American Express Co. announced this week it is offering $300 prepaid cards to specific cardholders who pay off and close out their accounts because of lingering unpaid balances. AmEx mailed notices early this month to an undisclosed number...

Cardtronics' Vcoms To Open For Citibank Deposits.(ATM News)
February 26, 2009... Citibank customers soon will be able to make deposits at more than 2,000 multifunctional ATMs, or Vcoms, owned by Cardtronics Inc., that are housed inside 7-Eleven Inc. convenience stores, J. Chris Brewster, Cardtronics chief financial officer,...

Personnel.
February 26, 2009... Network Branded Prepaid Card Association The Network Branded Prepaid Card Association, the Montvale, N.J.-based trade association for branded prepaid card issuers, named Kirsten Trusko president and executive director. Trusko replaces Paul...