Electronic banking, also known as electronic fund transfer EFT, uses computer and electronic technology as a substitute for checks and other paper transactions. EFTs are initiated through devices such as cards or codes that you use to gain access to your account. Many financial institutions use an automated teller machine...
The U.S. payments system is going through a period of rapid change. Paper checks are increasingly giving way to electronic forms of payment, which themselves are being transformed as new products, new players, and new industry structures arise. Some of the most dramatic changes are being seen in the automated...
BEIJING, July 8 /PRNewswire-FirstCall/ -- Bank of China has installed Diebold OptevaR automated teller machines ATMs around the key competition venues and facilities for the 2008 Summer Olympic Games. The ATMs, which will be located in the Olympic and Media villages in Beijing and Qingdao, will provide operation...
YONKERS, N.Y., June 25 /PRNewswire/ -- James J. Landy, President & CEO of Hudson Valley Bank, has announced the opening of a new branch in Queens at 162-05 Crocheron Avenue in Flushing, NY 11358. The new Flushing Branch replaces the Bank's Rego Park Branch, which was closed...
Full-service ATMs help reduce fraud while boosting member satisfaction NORTH CANTON, Ohio, June 23 /PRNewswire-FirstCall/ -- Through the integration of 46 full-service imaging-enabled automated teller machines ATMs, Diebold, Incorporated recently assisted Kern Schools Federal Credit Union, a full-service financial institution located in Kern County, Calif., in...
SOUTH SALT LAKE -- Police here are looking for a man who tried to steal an ATM. Three men entered Maverik Country Store, 2650 S. Main, about 2 a.m. on Sunday. While two of the men distracted the clerk, the third went behind the counter and tried...
Innovative technology reduces ATM fraud by sensing skimming devices NORTH CANTON, Ohio, June 17 /PRNewswire-FirstCall/ -- Diebold, Incorporated , a trusted partner and leader in the financial self-service industry, recently announced it received The Banker Technology Awards 2008 Retail Award for Delivery Channel Security for its leading-edge...
Business News IN BRIEF *The world's biggest printer of banknotes, De La Rue, has agreed to sell its Cash Systems business to the private equity group Carlyle for 360m in cash. The company intends to return 460m to shareholders after the deal, equivalent to 305p per share....
Software to shorten time-to-market for full-function transactions, upgrade to cross-channel capabilities NORTH CANTON, Ohio, June 12 /PRNewswire-FirstCall/ -- Diebold, Incorporated , the global leader in integrated financial self-service delivery and related services, announced that the Maybank Group, Malaysia's largest financial institution, has completed deploying Diebold's AgilisR EmPowerTM...
CHICAGO, June 9 /PRNewswire-FirstCall/ -- Capital Markets Technologies Inc CMT today announced that Thomas Honey had been appointed to the Board. Mr. Honey has over 30 years experience in the development, operation and management of secure electronic transaction services. He has held senior positions with Visa USA and Visa...
Reiterates NCR's leadership in ATM Deployment and Managed Services in India DAYTON, Ohio -- NCR Corporation (NYSE: NCR) today announced the renewal of its automated teller machine ATM Managed Services contract with HDFC Bank, Ltd (NYSE: HDB), headquartered in Mumbai, India. The new 42-month deal taps NCR to...
ENERGY RESOURCE-23 May 2008-PEOPLE IN ENERGY: Kelly G. Maguire Named CFO of Biofuel Energy Corp.C2008 JeraOne - http://www.jeraone.com Kelly G. Maguire has been named vice president-finance and chief financial officer of Biofuel Energy Corp., a development stage ethanol production company. Maguire will replace David J. Kornder,...
DENVER, May 22 /PRNewswire-FirstCall/ -- BIOFUEL ENERGY CORP. , a development stage ethanol production company, today announced that Kelly G. Maguire would become its Vice President-Finance and Chief Financial Officer. Mr. Maguire will replace David J. Kornder in that capacity. Mr. Kornder is resigning to pursue an...
Agreement with Caixa represents one of the industry's largest ATM orders in history NORTH CANTON, Ohio, May 15 /PRNewswire-FirstCall/ -- Diebold, Incorporated , the global leader in integrated financial self-service delivery, has partnered with Caixa Economica Federal in one of the largest automated teller machine ATM sales...
ATM solutions provider announces latest contract win with Union Bank NORTH CANTON, Ohio, May 14 /PRNewswire-FirstCall/ -- Diebold, Incorporated has announced an agreement with Union Bank to supply the financial institution with 120 new automated teller machines ATMs for the bank's branches throughout Nigeria. ...
Navy Federal Members Have Surcharge-Free Access to Key's ATM Network From Maine to Alaska CLEVELAND, May 12 /PRNewswire-FirstCall/ -- Cleveland-based KeyCorp has signed an agreement with Navy Federal Credit Union to provide Navy Federal's 3 million members with surcharge free access to Key's 1,500 automated teller...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c91220) has announced the addition of the Frost & Sullivan report "World Automated Teller Machines Markets" to their offering. Research Overview This research service titled World Automated Teller Machines Markets provides a detailed market trend analysis including drivers and restraints,...
DUNMORE, Pa., May 7 /PRNewswire-FirstCall/ -- The Board of Directors of Fidelity D & D Bancorp, Inc. (BULLETIN BOARD: FDBC) , parent company of The Fidelity Deposit and Discount Bank, announced the payment of the Company's second quarter dividend of $0.25 per share. This is a 13%...
What to charge for automated teller machine transactions continues to challenge credit union executives, but the dramatic rise of surchargefree ATM networks and declining ATM usage are making the issue somewhat easier to resolve. The nation's big banks recently increased ATM fees and surcharges significantly, presenting CU leaders with...