Citigroup's Pandit Said to Mimic Marty McFly in `Bank of the Future' Push Sep 12, 2009
In 1997, under then-CEO , the bank unveiled a short-lived plan to do away with branches wherever possible by pushing more customers to personal computers, telephones and automated teller machines, a technology that Reed helped proliferate. Pandit, unlike Reed, doesnt plan to get rid of branches. (Bloomberg -- US)
Bulgarian gets prison for ATM fraud in ATL Sep 11, 2009
From at least September 2008 to Nov. 5, 2008, Nikolov and Kavaklov stole thousands of dollars from bank customers by connecting a skimming device to Bank of America automated teller machines in metro Atlanta. When a customer used the ATM with the skimming device installed, the device would electronically record the customer's debit card number and a small camera in the device would video record the ATM keyboard as the customer entered his or her password. (Atlanta Business Chronicle, GA)
License kiosks to ease renewals Sep 5, 2009
As early as December, residents in some areas may be able to renew licenses at several kiosks, which would resemble automated teller machines. Public Safety Commissioner Steve Simpson said he plans to place the system of kiosks throughout the state. (The Clarion-Ledger)
Miss. trying kiosks for driver's license renewal Sep 4, 2009
As early as December, residents in some areas may be able to renew licenses at several kiosks, which would operate similar to automated teller machines. Steve Simpson, the state's commissioner of public safety, said he plans to place a system of kiosks throughout the state. (The Clarion-Ledger)
Petronas bullish about popularity of new Primax 95 fuel Sep 2, 2009
Its retail convenience store Kedai Mesra is available at more than 570 stations and boasts the largest number of automated teller machines within the petro mart industry in the country. Meanwhile, CIMB Bank and Malayan Banking Bhd (Maybank) expect to issue 100,000 cards each this year with the launch of the new Islamic credit cards. (The Star Online, Malaysia -- Business)
Bias against innovation Sep 2, 2009
Automated teller machines, though arguably more a technological than financial innovation, are a case in point. Yet plastic cards, which make day-to-day transactions so much easier, are often instrumental in creating the worst consumer debt problems. (FT.com -- Markets)
Police: Thief uses 'reader' to steal from ATMs Aug 25, 2009
Between June 17 and July 29, money was withdrawn from automated teller machines at 34th Street and Bell Road and at Seventh Street and Union Hills Drive. In both cases, the victims still had their debit cards, police said. (AZCentral -- Business)
U.S. payment-card industry grapples with security Aug 25, 2009
The company said the breach only affected transactions at automated teller machines owned by a third party at some of its stores, and wouldn't comment further. A spokesman for Hannaford, a unit of Belgium's Delhaize Group, said an audit unit of Verizon Communications showed it met the security standards. (MSNBC -- Crime)
London cash machines offer Cockney slang option Aug 25, 2009
Five automated teller machines (ATMs) in the East End are going Cockney for three months from Monday. While cash machines with several language options are commonplace in some countries, the chance to use rhyming slang could leave those unfamiliar with the east London lingo in a right load of Barney Rubble. (Sydney Morning Herald -- World)
Global Axcess lands grocery store contract Aug 19, 2009
Under the terms of the $750,000 contract, Global Axcess will start installing the automated teller machines in September and complete the installation by October. It expects to generate revenue from the ATMs beginning in September. (Jacksonville Business Journal, FL)
Nigeria: Banks' Bailout May Hit Trillions Aug 18, 2009
While some of the banking halls appeared deserted because of the use of the Automated Teller Machines (ATMs), in others there were long queues. Normal Mondays usually witness long queues in the banking halls because of weekend expenses, but there were signs to suggest that yesterday's queues were not normal. (allAfrica.com)
ATMs stolen from bank Aug 13, 2009
In the early morning hours of Aug. 5, two Automated Teller Machines were stolen from the Chase Bank in The Colony on State Highway 121. The Colony Police Department spokesman Lt. Darren Brockway said that the suspects made off with an undisclosed but substantial amount of money. (McKinney Courier-Gazette, TX)
NCR Corp. may pick Gwinnett Place for headquarters Aug 8, 2009
The maker of automated teller machines and retail self-checkout technology announced June 2 it was relocating its headquarters and at least 1,200 workers from Dayton, Ohio, to Duluth. Satellite Place 700, a six-story office building near the conjunction of Satellite Boulevard, Pleasant Hill Road and Interstate 85, emerged as the frontrunner to house the headquarters, according to sources familiar with the company s plans. (Atlanta Business Chronicle, GA)
Save on ATM Fees Aug 8, 2009
WASHINGTON, DC (WUSA) -- Automated teller machines are supposed to be a service of convenience. And, withdrawing money from an ATM not associated with your bank can be costly. (W-USA News, DC)
AmBank fast-tracking growth areas Aug 8, 2009
With a network of 187 branches, the group is backed by automated teller machines which are also installed at 7-Eleven outlets. In addition to weekend and extended hours banking, market reach is widened via the Internet and mobile banking as well as its 24-hour contact centre. (The Star Online, Malaysia -- Business)
First Niagara Sets ATM Branding Deal Aug 4, 2009
is putting its name on automated teller machines in 95 convenience stores in western Pennsylvania, and said it will not charge users, no matter where they bank. Bank-branded ATMs in retail stores are usually surcharge-free only to the institution's customers, but the Lockport, N.Y., company is trying to make a big splash in Pennsylvania. (American Banker)
Souped-Up ATMs Take Place of Tellers in the Branches Aug 4, 2009
The machines installed at look like automated teller machines. But for the Raleigh financial company, these souped-up, smart ATMs don't just dispense cash; they are actually replacing tellers. (American Banker)
Virtual loan, investment officers next step in high-tech banking Aug 4, 2009
Only a few decades ago, automated teller machines were a marvel. In those days, technology such as Skype and video conferencing were more like science fiction. (Houston Business Journal, TX)
Molotov cocktails thrown at bank ATMs Aug 3, 2009
IPOH: Police are investigating an incident in Sitiawan where a group of men threw Molotov cocktails at automated teller machines of four banks. No cash was lost in the incident and police are still uncertain over the motive. (The Star Online, Malaysia)
The New Bank Branch Aug 3, 2009
What's fueling the cutbacks is not just the drop in mortgage-generated business, but new technologies introduced by the banks such as Internet bill-paying and mobile banking, as well as the proliferation of automated teller machines that do far more than their predecessors. Next up: small check-reading apps for smartphones, PCs, and others devices that allow consumers to deposit checks anywhere they have an Internet connection, as is already the case for customers of USAA Savings Bank, who can... (BusinessWeek)
Bank of America May Cut Branches as Customers Use Internet, Mobile Phones Jul 29, 2009
Half of customer deposits are made through automated teller machines, compared with a third six months ago, because ATMs now let customers insert checks without using envelopes, he said. The bank had 6,109 branches as of June 30, 22 fewer than a year earlier, according to a July 17. (Bloomberg -- US)
Mapping it for the disabled Jul 28, 2009
Taufik said they are also trying to rope in banks to subscribe to the service, to show where their automated teller machines (ATMs) for the disabled are located. Such ATMs are positioned lower to the ground for wheelchair-bound users. (The Star Online, Malaysia)
Your views: Letters to the editor Jul 26, 2009
It involves ethanol, light bulbs and drive-up automated teller machines. With the addition of ethanol to the gasoline supply, there has been a remarkable uptick in mechanical problems associated with running the fuel through auto, boat and small engine fuel systems. (Florida Today)
Cardtronics to be ATM provider for RBG Jul 23, 2009
has been chosen by as its exclusive provider of automated teller machines. Financial terms of the deal were not disclosed. (Houston Business Journal, TX)
DAX Index Snaps Seven-Day Advance; Daimler, BMW, ThyssenKrupp Lead Drop Jul 22, 2009
99 euros after the worlds second-largest maker of automated teller machines lowered its earnings outlook for the fiscal full year as the company makes less money off the machines it sells. the biggest maker of business-management software, added 1. (Bloomberg -- Germany)
Bank Islam targets RM1bil housing loans Jul 4, 2009
He said as at end-May about 135,000 TNB customers had registered for auto-pay and direct debit while 260,000 made payments online and 333,000 through automated teller machines. Malaysia had one of the most competitive tariff rates, he said. (The Star Online, Malaysia -- Business)
Nigeria: Banks and ATM Fraud Jul 4, 2009
E-transaction, which is about three years old, has been leverage from automated teller machines (ATM), electronic money transfer, debit cards, to the newly inaugurated electronic deposit facilities for cash and cheques. Although most Nigerians have accepted and commended the innovative e-transact for the elimination of human bureaucracy and management of time, others have continued to distance themselves from the civilization. (allAfrica.com)
Yes Bank, First000037A7 Data in ATM deal Jul 3, 2009
"Yes Bank will handle the banking transaction part like cash management, complaints management, and interbank settlement said Rana Kapoor MD f the bank. Although the machines will be FDCs assets the legal responsibility of the ATMs will be with Yes Bank since RBI does not allow non-banks to set up `white-lable ATMs. The move will help Yes Bank to reduce its capital expenditure as the cost of setting up and servicing the ATM will be borne by FDC. FDC will also ensure that the ATMs are... (India Times)
Bank Simpanan Nasional profit on target Jun 30, 2009
A makeover is also in the works for some of the older branches while more automated teller machines as well as cash deposit machines are being added. Of his 10 years at the helm of BSN, Azim said: It has been fulfilling. (The Star Online, Malaysia -- Business)
Man indicted in fraud case Jun 26, 2009
Over the four-year period, Ruskjer allegedly withdrew more than $100,000 from automated teller machines and made about $740,000 in debit and credit card purchases from his First Hawaiian Bank accounts. He also transferred $88,000 from his Ameritrade account to overseas bank accounts and withdrew $1. (Honolulu Advertiser)
Iconic ice cream seller to open on State Jun 25, 2009
About 500 square feet is being set aside for a vestibule for automated teller machines, leaving the deli with about 2,500 square feet. Halsted Street Deli owner William Gomez opened his first restaurant in 1998 at Halsted and Randolph streets. (Crain's Chicago Business)
BofH adds ATMs at Guam McDonald's Jun 25, 2009
In Hawai'i, 56 McDonald's restaurants now have Bank of Hawaii automated teller machines. "This expanded service means even more banking convenience for McDonald's and Bank of Hawaii customers," said Bob Makahilahila, senior vice president in charge of ATMs for Bank of Hawaii. (Honolulu Advertiser)
Kenya: Gun Crimes Surge in Nairobi Jun 22, 2009
Another gang of criminals operates in the Central Business District between 4 a.m. and 6 a.m., targeting revellers who visit Automated Teller Machines to withdraw money either after a night of fun or upon arrival from upcountry. Others target people in parking lots at entertainment spots and drag them into waiting vehicles only to demand ransom from their families. (allAfrica.com)
NCR to expand in Brazil, create 250 jobs Jun 16, 2009
6 million to build a new manufacturing and research and development center in Brazil to make automated teller machines (ATMs) for Brazil, Latin America and Caribbean markets. The new facility will be up and running by December and will create 250 new jobs. (Dayton Business Journal, OH)
Tips for reshaping your business Jun 16, 2009
Just like the banking industry, which is beginning to see the cost-benefit of promoting the use of automated teller machines (ATMs), cash deposit machines and Internet banking, other industries have also experienced the impact of technology on how they run their business. Innovations in IT are facilitating the emergence of new players, new organisational models and increased competition. (The Star Online, Malaysia -- Business)
Zimbabwe: Stop Speculation Now [editorial] Jun 6, 2009
Some people could not even access their bank balances on automated teller machines because they could not accommodate all the zeroes. Queues to withdraw the money became the order of the day. (allAfrica.com)
Wincor Nixdorf Breaks the 2,000 Mark for Installed Kiosks at Taiwan FamilyMart Jun 3, 2009
Wincor Nixdorf is the leader in Europe and among the top 3 in the world for programmable electronic point of sale (EPOS) systems and the No.2 worldwide for automated teller machines (ATMs). Contact: Jazz Lee Wincor Nixdorf Taiwan Phone: +886-2-8798-1168 Email: Eliza Leung Wincor Nixdorf RHQ Singapore Phone: +65-6740-2624 Email. (PR Newswire)
NCR moving HQ to Duluth Jun 2, 2009
NCR (NYSE: NCR), which makes automated teller machines (ATMs) and retail self-checkouts, will be Georgia s 14th Fortune 500 company and the second in Duluth. Last July, (NYSE: ABG) announced the relocation of its headquarters to Duluth from New York. (Atlanta Business Chronicle, GA)
Answer Girl: Cash machines and costly machines May 29, 2009
The company, ATM Experts, specializes in selling automated teller machines. The expert who answered my call said most individually owned ATMs -- like the ones found in gas stations that don't have a bank name attached -- are filled either by an armored car service or by the owner. (Casper Star-Tribune, WY)
Tanzania: Bank Accused of Compounding Workers Misery May 19, 2009
The two Automated Teller Machines (ATMs) at the branch do not cope with the big number of customers. An official of NMB branch at the Clock Tower, who declined to be named because he is not a spokesperson, told the Arusha Times on Wednesday that efforts to improve services by adding ATMs to four were on going and would be operational in two weeks time. (allAfrica.com)
AMMB net profit rises to RM860.8mil May 16, 2009
We have spend about RM100mil (last financial year) to increase the number of branches and automated teller machines (ATMs) in high traffic volume locations as part of our key strategic initiatives, he said. The group had opened seven branches and set up 227 ATMs in various locations last financial year. (The Star Online, Malaysia -- Business)
Shopping mall ATMs bombed May 7, 2009
Two automated teller machines were bombed near Nelspruit early Wednesday morning, Mpumalanga police said. Captain Leonard Hlathi said 12 men allegedly blew up a Nedbank as well as a Capitec Bank ATM at the Kanyamazane shopping complex near Nelspruit around 1am. (iAfrica.com)
ATM Maker Diebold 1Q Profit Falls, Cuts Jobs May 6, 2009
Automated teller machines maker Diebold Inc. reported a sharp decline Tuesday in first-quarter earnings as it recorded a hefty charge related to a proposed settlement with federal regulators. It also plans to cut about 300 jobs, or about 1. (ABC News -- Wire)
Cyber chief needs to be in White House: experts May 2, 2009
The study addressed problems ranging from cyber-spying to fighting hackers organized enough to break into 130 automated teller machines worldwide in 30 minutes last November. The cybersecurity review, led by Melissa Hathaway, a top advisor to the former director of national intelligence, was ordered by the White House in early February. (Yahoo News -- Technology)
A Matter of money Apr 30, 2009
Rants expressed everything from frustration with hidden fees at Automated Teller Machines, to a dislike for being charged for checks and a distrust in banks. Rohrer clarifies that the campaign is not intended to be a rant on banks alone - but simply an opportunity to learn about all of the concerns facing the Y generation. (Niles Star, MI)
U.S. Cybersecurity Has a Long Way to Go Apr 30, 2009
Hathaway cited an instance in which 130 automated teller machines in 49 cities around the world were emptied in a 30-minute period last November. "These and other risks have the potential to undermine our confidence in the information systems that underlie our economic and national security interests," she said. (eSecurityPlanet)
Four indicted in $US70m mortgage Ponzi scheme Apr 28, 2009
Victims were told that the initial payments would be used to fund investments in automated teller machines and flat-screen televisions that would display business advertising, according to the Justice Department. Some victims refinanced their houses to participate in the program, while others entered the program at the time of their initial purchase, according to prosecutors. (Sydney Morning Herald -- Business)
Zimbabwe: Local Forex Clearance System Expected Soon Apr 11, 2009
A local transfer and settlement system will make it possible for account holders to write cheques, do electronic transfers and conduct low-value transactions through automated teller machines and credit and debit cards in foreign currency. "The discussions are going on well and we expect a positive response very soon," Mushayavanhu said. (allAfrica.com)
Get cash, or give it away Apr 10, 2009
The bank programmed most of its Alaska automated teller machines to include a button that says, "Donate to Charity.". The company has done it before in the Lower 48 to pull in donations after forest fires in California and hurricanes in Texas, and has a permanent campaign in Oregon. (Juneau Empire)
Al Rajhi Bank links up with MEPS Apr 9, 2009
PETALING JAYA: Al Rajhi Bank customers would have access to 8,367 automated teller machines (ATM) by the third quarter of this year following the signing of a memorandum of understanding (MoU) with Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS) yesterday. Concurrently, MEPS would enhance its reach to Saudi Arabia, Al Rajhi said in a statement yesterday. (The Star Online, Malaysia -- Business)
Nigeria: Central Bank Boosts Economy Apr 9, 2009
This initiative will significantly reduce food price inflation, and assist the CBN in achieving its core mandate of price stability", Soludo said. Restricts banks on ATMs Meanwhile, has restricted the siting of Automated Teller Machines (ATMs) to the banks' premises. In a circular to banks signed by Mr James Olekah, Director, Banking Operations, the while noting the growth in the adoption of the Automated Teller Machines (ATMs) by Nigerians as one of the channels of e-payment said it is... (allAfrica.com)
Bankers Collect Cash, Car Guys Crash and Burn: Margaret Carlson Apr 2, 2009
Theres no inventory and few employees, with automated teller machines having won the day. Although some think Obama is the Messiah, he cant create a new car industry. (Bloomberg -- Columnists)
Global Axcess secures loan to pay claim Apr 2, 2009
Global Axcess (OTCBB: GAXC), which owns and a operates a string of automated teller machines, settled a lawsuit in August with CAMOFI Master LDC, a debt holder of the company that alleged breach of contract. Global Axcess agreed to pay $3. (Jacksonville Business Journal, FL)
Zimbabwe: Premier ATMs Now Dispensing Foreign Currency Apr 2, 2009
Harare PREMIER Banking Corporation has become the first local financial institution in Zimbabwe to enable its Automated Teller Machines to dispense foreign currency. The bank yesterday announced that its clients could now access a minimum of US$1 and a maximum of US$500 from its ATMs located in Harare and Bulawayo. (allAfrica.com)
Criminals Sneak Card-sniffing Software on Diebold ATMs Mar 18, 2009
- Diebold has released a security fix for its Opteva automated teller machines after cyber criminals apparently broke into the systems at one or more businesses in Russia and installed malicious software. Diebold learned of the incident in January and sent out a to its ATM customers using the Windows operating system. (Yahoo News -- Technology)
ICICI may spin off ATMs, sales points Mar 18, 2009
MUMBAI: The countrys second-largest lender, ICICI Bank, is looking at setting up a new entity to house its automated teller machines (ATMs) and point-of-sale (PoS) terminals, which accept credit and debit card payments. The bank has sought bids from banking technology companies and private equity players for participating in the proposed entity. (India Times)
* World News Quick Take Mar 12, 2009
More than 30,000 automated teller machines (ATM) will be revamped to prevent criminal gangs from stealing bank account information amid a surge in thefts, news reports said yesterday. Phol Thanachote, chairman of the Automated Teller Machines Business Community, said that special stickers would be affixed to the revamped machines to show they are safe for use, the Nation newspaper said. (Taipei Times, Taiwan -- World)
Citizens Bank picks up failed Silverton bank (42) Feb 24, 2009
Over the weekend, customers will continue to have access to their money through automated teller machines. Oregon Bankers Association President inda Navarro said Friday in a press release that although the closure of Silver Falls Bank was unfortunate, the fact that there are strong, healthy local banks like Citizens Bank in a position to step up and purchase all of the bank s deposits is good news. (Corvallis Gazette Times, OR)
Citizens Bank takes over Silverton bank forced to close Feb 24, 2009
Over the weekend, customers will continue to have access to their money through automated teller machines. Pinnacle Bank of Beaverton was closed by federal regulators earlier this month. (KGW Northwest NewsChannel 8, OR -- Business)
Unemployed in Alaska to receive debit cards Feb 23, 2009
" About a third of recipients already receive payments through direct deposit. That program will continue, Nelson said. So will paper checks for residents of rural villages where there are no automated teller machines or stores equipped to handle debit card transactions. Debit cards may be used at ATMS to obtain cash or at a store to buy goods. Under the agreement with JPMorgan, card bearers would be allowed two free withdrawals per month at ATM machines associated with JPMorgan banks or the... (Juneau Empire)
State's unemployed to get debit cards Feb 22, 2009
So will paper checks for residents of rural villages, where there are no automated teller machines or stores equipped to handle debit card transactions. Debit cards may be used at ATMS to obtain cash or at a store to buy goods. (Anchorage Daily News)
Ethiopian bankers join battle against bankruptciesAddis Ababa, Ethiopia (PANA) - Ethiopian bankers have welcomed effortsby the central bank to put stringent curbs on foreign currencyreserves and pledged to continually share information on lenders tostem cases of bankruptcies in Ethiopia. 20/02/2009 Full Text... Feb 20, 2009
Ethiopian bankers, meeting on Thursday for the signing of a landmark agreement on the sharing of Automated Teller Machines (ATM) points amongst their respective banks, said that the sharing of customer information would help to curb cases of defaults on loans. The apex National Bank of Ethiopia (NBE) continues to stringently monitor the activities of the commercial banks, and the stringent monitoring has seen the NBE increase the liquidity requirements by the banks to boost their foreign... (Panapress.com)
Two indicted for ATM fraud in Atlanta Feb 18, 2009
According to U.S. Attorney David E. Nahmias, the charges and other information presented in court, from at least September 2008 to Nov. 5, 2008, Nikolov and Kavaklov allegedly stole thousands of dollars from bank customers by connecting a skimming device to Bank of America automated teller machines in metro Atlanta. When a customer used the ATM with the skimming device installed, the device would electronically record the customer's debit card number and a small camera in the device would video... (Atlanta Business Chronicle, GA)
AmBank says higher NPLs manageable Feb 18, 2009
AmBank will continue to expand its retail banking aggressively in terms of the number of automated teller machines (ATM), retail bank branches and internet banking, among others, Mohamed Azmi said. By the end of this year, AmBank will rank number three in terms of the number of ATMs and number four in terms of the number of branches, he said, adding that the bank has no plans to reduce capital expenditure for this year. (The Star Online, Malaysia -- Business)
Mobile money making strides Feb 16, 2009
In Turkey, some two million transactions - most of them cash withdrawals from automated teller machines - were made last year using Turkcell's mobile service. . (International Herald Tribune)
