ATM & Debit News articles from November 2008

ATM & Debit News archives from November 2008

News Briefs.
November 6, 2008... Cardtronics Reports Q3 Loss Cardtronics Inc., the world's largest ATM ISO, posted ta smaller third-quarter net loss today compared to the same three-month period last year. Houston-based Cardtronics reported a third-quarter net loss of...

Credit Union 24 Signs ATM Marketing Deal With Cardtronics.(ATM News)
November 6, 2008... Credit Union 24, the country's largest credit union-owned ATM and PIN-based point-of-sale debit network, Monday announced the signing of a marketing agreement with Cardtronics Inc. The deal allows Houston-based Cardtronics to promote its ATM...

Growth Strong But Slowing For Open-Loop Prepaid Cards.(ATM News)
November 6, 2008... The percentage increase in funds loaded into open-loop prepaid gift card accounts decreased considerably in 2007 compared with the previous year, says Mercator Advisory Group. The dramatic slowdown suggests card-program managers should find...

Diebold Reports Higher Third-Quarter Net Income.(ATM News)(Financial report)
November 6, 2008... ATM manufacturer Diebold Inc. last Thursday reported higher third-quarter net income and revenue. However, Thomas W. Swidarski, Diebold president and CEO, warned analysts of lower fourth-quarter earnings, and he said the nation's financial...

NCR To Move Customer Service Headquarters Georgia.
November 6, 2008... ATM manufacturer NCR Corp. is likely to relocate the headquarters for its worldwide customer services division to the Atlanta area in a move that would shift some business operations from NCR's headquarters in Dayton, Ohio, and other cities....

Contactless Card Use Rises, But More Help Is Needed.
November 6, 2008... Byline: Will Hernandez Approximately 9% of the U.S. population has a contactless credit or debit card, according to a recent study commissioned by the Princeton Junction, N.J.-based Smart Card Alliance. Experts agree that the percentage...

Personnel.
November 6, 2008... Metavante Technologies Inc. Milwaukee-based Metavante Technologies Inc. has named company CEO Frank Martire chairman of its board of directors. The 61-year-old Martire replaces Dennis Kuester, who will remain a director. Metavante's board...

Cominge Events.
November 6, 2008... Diebold Inc. Diebold Inc. is scheduled to hold its annual meeting 10 a.m. Nov. 12 at the Sheraton Suites Hotel in Cuyahoga Falls, Ohio. 14th Annual Best Practices In Retail Financial Services Symposium The 14th Annual Best...

News Briefs.
November 13, 2008... Credit Union 24 Joins Allpoint's Network In the UK Tallahassee, Fla.-based Credit Union 24, which operates the largest U.S. surcharge-free ATM network for credit unions, announced Monday that it joined Allpoint's surcharge-free ATM network...

Mr. Bill says, 'Oh, Nooooo!' But MasterCard Says 'Oh, Yes'.(Debit News)
November 13, 2008... Byline: Will Hernandez MasterCard worldwide has hired a one-time popular clay television figure to lead its debit card marketing. Purchase, N.Y.-based MasterCard is using Mr. Bill, a figure made famous more than 30 years ago on NBC-TV's...

Diebold Sells 1,000 Cash-Recycling ATMs To Brussels Bank.(ATM News)
November 13, 2008... Dexia Sa, a Brussels, Belgium-based Banking Group with $8.3 billion in assets, has ordered 1,000 cash-recycling ATMs from Diebold Inc. in what a top Diebold executive in Europe says could represent the beginning of a purchasing trend by the...

Cardtronics Reports Smaller Q3 Loss, But ATM ISO Cuts Workforce; Company Cites Slowdown In Bank-Branding Agreements.(ATM News)
November 13, 2008... Cardtronics Inc. last Thursday posted a smaller third-quarter net loss compared with the same three-month period last year, but one of the ATM independent sales organization's top executives and an analyst agree the results were disappointing....

Many Consumers Put Together A List Of Wants Before Opening Checking Accounts.(Debit News)
November 13, 2008... Consumers are more likely to open checking accounts at banks that offer debit rewards and that reimburse surcharges other banks charge for ATM withdrawals, the results of a recent survey suggest. Forty percent of respondents want debit...

Bank Machine Wins UK ATM Deal.(Debit News)
November 13, 2008... United Kingdom-based ATM operator Bank Machine Ltd. has signed a five-year contract with Welcome Break to manage the company's 150 ATMs deployed at 28 rest stops along the UK's motorways or interstate highways beginning in February, a Bank...

Personnel.
November 13, 2008... Global Payments Inc. Atlanta-based Global Payments Inc. has promoted David E. Mangum executive vice president and chief financial officer. Mangum was chief financial officer CheckFree Corp. from 2000 to 2007. CyberSource Corp. ...

Coming Events.(Conference news)(Calendar)
November 13, 2008... BAI Retail Delivery Former U.S. Secretary of State Colin L. Powell will speak at the BAI Retail Delivery Conference & Expo Nov. 18-20 at the Orange County Convention Center in Orlando, Fla. Visa Inc. Visa Inc. has scheduled a...

News Briefs.
November 20, 2008... TRM Copy Centers Buys Solvport TRM Copy Centers LLC, a nationwide provider of self-service retail copy centers, on Tuesday announced it purchased Solvport LLC, a Portland, Ore.-based company that provides help-desk technical support,...

Accel/Exchange, Acculynk Plan To Test PIN-Debit On The Web.(Debit News)
November 20, 2008... Byline: Frederick H. Lowe Accel/Exchange, an electronic funds transfer network, and three other EFT networks plan to pilot consumer use of PIN-debit cards for Web-based shopping. PIN-debit use on the Internet has been tested before and...

First Data Opens Shell Oil To New Card Possibilities.(Debit News)
November 20, 2008... First Data Corp. will manage a closed-loop PIN-debit card for Shell Oil Products US and Motiva Enterprises LLC, which operate 14,200 branded Shell gasoline stations nationwide. The company will process the card transactions over the automated...

NCR Signs Mobile-Banking Deal With L.A. Bank.(ATM News)
November 20, 2008... NCR Corp. Tuesday announced the signing of a contract to provide hosted mobile and online-banking services to Hanmi Bank, the nation's largest Korean-American-owned financial institution in terms of assets. Through its NCR Aptra Mobile...

Wincor Nixdorf Unveils 'Mixed Bundle' ATM Georgia.
November 20, 2008... ATM maker Wincor Nixdorf USA Tuesday took the wraps off of its "Mixed Bundle" envelope-free ATM that the company expects to revolutionize deposit automation or, at the least, keep it a step ahead of the competition. Unveiled at the BAI...

NYCE To Pilot Online PIN-Debit Payments.
November 20, 2008... Byline: Will Hernandez NYCE Payments Network LLC, a unit of Milwaukee-based Metavante Technologies Inc., Tuesday announced it will pilot an e-commerce payments system that enables consumers to make purchases without sharing their PINs or...

Personnel.
November 20, 2008... PreCash Inc. Houston-based PreCash Inc., a provider of prepaid MasterCard Worldwide and Visa Inc. products for the underbanked, named Steve Taylor executive vice president and chief financial officer. i2c Inc. Redwood Shores,...

Coming Events.(Calendar)
November 20, 2008... 14th Annual Best Practices In Retail Financial Services Symposium The 14th Annual Best Practices In Retail Financial Services Symposium is scheduled for March 15-17, 2009, at the Marco Island Marriott Beach Resort, Marco Island, Fla.