Ecobank launches Contact Centre to enhance service delivery Nov 18, 2009
The Ecobank Contact Centre will provide services covering information on accounts, transactions, products and other services of the bank as well as offering support for online services such as ATMs, Cards and internet banking on a 24/7 basis ... The bank also commands over 22 percent of the Visa Cards transactions in Ghana, having issued over 234,000 ATM cards to clients. (Ghana Web, Ghana)
Guv approves earlier presidential primary Nov 18, 2009
A June primary has resulted in California becoming an "ATM state" in which candidates come to raise money but don't bother campaigning their parties' nominations are pretty much sewn up by then. Still, it's likely California voters won't be the only ones hitting the polling booths on Feb. 5. (Yahoo News -- Arnold Schwarzenegger)
Senate Hears Calls for Regulation of Overdraft PracticesSen. Dodd calls for a limit on overdraft fees per month and year. Nov 18, 2009
Last week the Federal Reserve announced new rules that ban banks from charging overdraft fees on debit card and ATM transactions unless a customer specifically opts into an overdraft program. The new rules will go into effect July 1. (ABC News -- Business)
Global Axcess signs ATM deal Nov 18, 2009
has reached an agreement to provide 50 ATMs to an unnamed convenience store chain. Under the terms of the four-year deal, the Jacksonville-based company will provide 25 ATMs in the first phase ... Providing and servicing ATMs is the traditional line of business for Global Axcess, which has its focus to include self-serve kiosks. (Jacksonville Business Journal, FL)
Saugus Police log Nov. 14 Nov 18, 2009
reported a vehicle was broken into and an ATM card taken, 9:59 p.m.. Loading commenting interface. (Saugus Advertiser, MA)
MasterCard Worldwide to Strengthen Global Economic Connections with MoneySend Platform Nov 17, 2009
MasterCard MoneySend(TM) to Make Money Transfers Simpler and Easier for Banks and Cardholders Worldwide. " Peirez added, "That we now offer a better alternative for sending and receiving person-to-person payments is a significant expansion of the functionality of our network. (Canada Newswire)
SA woman survives hijack fall Nov 17, 2009
She was forced into their car at gunpoint and the robbers took her to various ATMs to make withdrawals from her bank cards, police said. Ms Seevnarain was thrown off the bridge at 0200 on Saturday morning and rescued several hours later. (BBC News -- Africa)
Detectives Looking For Cash, Safe Thieves Nov 17, 2009
Nassau County Detectives Say 2 Men Also Tried To Steal ATM ... -- Nassau County Sheriff's detectives said they are looking for at least two men who stole cash, a safe and tried to steal an ATM machine from a BP gas station in Yulee ... Detectives said the men busted holes through several walls in the building and tried to steal the ATM, pushing it out of the building and taking an undetermined amount of cash. (News4Jax.com, FL)
Nokia plans m-banking services Nov 16, 2009
As it is quite an expensive proposition to set up branches or ATM in India, Nokia Money will act as an extension of a banks branch. The success will lie in the fact that the service needs to work in all handsets, it should be as simple and convenient as making a voice call or sending SMS and have a very low transaction fee. (India Times)
Overdraft protection means you will face fees Nov 15, 2009
Banks will have to secure their customers' consent before charging large overdraft fees on ATM and debit card transactions, according to a new rule announced Thursday by the Federal Reserve ... Although long overdue, these new rules will at least help many people avoid the nasty bite of overdraft charges for ATM and debit-card transactions ... The final rule requires consumers to give their informed consent, or opt in, before overdraft fees may be assessed on ATM and debit-card transactions. (Fresno Bee -- Business)
On the Money: Debit the halls? Nov 15, 2009
For instance, MasterCard does not cover transactions that involve the use of PIN numbers, and Visa doesn't cover any ATM withdrawals, or transactions not processed by its own network ... Be cautious when using ATMs ... Freestanding, nonbank ATMs are more vulnerable than those located at bank branches, especially those that are not in major chain stores. (The Augusta Chronicle)
Men charged with burglary at Framingham bank Nov 15, 2009
Davis said the back door of the bank had been forced open and an ATM and a teller's cash drawer damaged. It was not immediately clear if any cash was taken. (Framingham TAB, MA)
The bank revolt of '09 Nov 15, 2009
The survey showing consumers racing away from high-fee banks comes on the heels of the move by the Federal Reserve last week to limit overdraft fees for debit cards and ATM transactions ... Melrose, for example, charges just $1 to customers who use another financial institution's ATM, while many banks charge $1 ... The survey showing consumers racing away from high-fee banks comes on the heels of the move by the Federal Reserve last week to limit overdraft fees for debit cards and ATM... (New York Post -- Business)
Framingham Police search for suspect in failed ATM break-in Nov 14, 2009
Police are searching for a man they said used a power saw to try to break into an ATM on Crossing Boulevard last Sunday ... It is not known if the break-in is connected to an incident on Sept. 22 when someone used a blowtorch to cut through the back of a TD Bank ATM on California Avenue, Davis said. (Framingham TAB, MA)
NCR: Cuts unlikely in Georgia Nov 14, 2009
The company, which makes ATM machines, checkout scanners and self-serve kiosks, said Gwinnett County would gain an additional 1,250 jobs ... Within three years, according to Smith, NCR expects to employ 1,850 people in Gwinnett, 916 in Peachtree City and 870 in Columbus, where the company makes ATMs. (Atlanta Journal-Constitution -- Business)
Fed bans overdraft fees without opt-in Nov 14, 2009
With the new rules, consumers will be unable to withdraw money from ATMs if they have no funds and they haven't opted into the protection. The rules don't cover overdraft protection for checks or recurring ATM payments, however ... A Fed official said that based on its studies, consumers preferred to have overdraft protection for checks or recurring ATM payments because these kinds of fees are for major payments they want to make sure get paid, such as mortgage or utility payments. (San Francisco Chronicle)
Editorial: New overdraft rule positive Nov 14, 2009
Thats why a new Federal Reserve rule makes sense requiring banks to get consent from consumers before charging large overdraft fees on ATM and debit card transactions. With online and mobile technology, banks also ought to warn customers if theyre nearing the limit or allow them to deposit more money or transfer from other accounts to cover the deficit. (The News-Press -- Opinion)
Your DNA up for grabs Nov 14, 2009
We are still able, I think, to use cash, but only until currency is tagged, so that envethough cash is obtained from an ATM, it will be tagged so that it is know that it was distributed to the holder of the debit card ... House Speaker Glenn Richardson has indicated the Republican meme for health care by attempting suicide Sunday night, and one major question is why law enforcement did not alert a physician to issue a 1021 to hospitalize Richardson so that he could not do harm to himself and to... (Atlanta Journal-Constitution -- Opinion)
Feds shut Naples-based Orion Bank Nov 14, 2009
ATM and online service will remain available. During business hours, you may continue to use the services to which you previously had access, such as safe deposit boxes, night deposit boxes and wire services. (The News-Press -- Business)
How to Not Go Out of Business Nov 14, 2009
The other day, as I maneuvered my car past the drive-up ATM, I was telling my kids about the way things used to be ... With access to ATMs, direct deposit, online banking, and debit cards, they'll never experience the ties that used to bind you and me to physical banks with limited hours. (BusinessWeek)
Buddy, Can You E-Mail Me 100 Bucks? Nov 14, 2009
What if you could send money to that friend who loaned you $20 last week by using your mobile phone rather than having to go through the trouble of trekking to the ATM or mailing a check. All you'd need would be your buddy's e-mail address or cell number and presto. (BusinessWeek)
* NPAs anti-fraud program fails to impress the public Nov 14, 2009
More than 11,600 police officers and 22,450 volunteer police or community patrols were stationed at 13,655 ATMs around the country to distribute anti-fraud flyers from 8am to midnight on Thursday as part of the campaign ... People questioned at some ATMs, however, were not as enthusiastic ... Interviewed at an ATM in Taipei, Mat Wang (aT) said: Its a joke, because its not going to help in the long run. (Taipei Times, Taiwan -- World Business)
Fed finalizes overdraft-fee rules Nov 13, 2009
The rules prohibit financial institutions from levying fees for overdrafts on an ATM and some debit-card transactions unless the user agrees to pay them. Before opting in, the consumer must be provided with information that explains the bank s overdraft services, including the fees associated with the service. (Charlotte Business Journal, NC)
Barnes and Reed: The beginning of a beautiful friendship Nov 13, 2009
The professional politicians are circling the wagons to try to keep from loosing their death grip on the patronage ATM called the Atlanta taxpayer. It should be no surprise to anyone that they want to continue the status quo by putting in 8 more years of Franklin. (Atlanta Journal-Constitution -- Metro)
New Fed overdraft rule doesnt go far enough Nov 13, 2009
The Fed rule covers only point-of-sale debit overdrafts and ATM transactions, not checks or recurring automatic electronic checking withdrawals. Some-of-the-time protection is never as good as round-the-clock protection, says Ed Mierzwinksi with U.S. PIRG, another consumer advocacy group. (MSNBC -- Business)
Fed Announces New Rules on Overdraft FeesThe Fed announces rules that allow consumers to opt out of bank overdraft fees. Nov 13, 2009
New Rules Proposed to Ban Banks From Charging Overdraft Fees on Debit Card and ATM Transactions ... The Federal Reserve today announced new rules that will ban banks from charging on debit card and ATM transactions unless a consumer opts in to an overdraft program ... The Fed conducted testing that showed that most consumers want coverage for checks but do not want to be enrolled in overdraft programs for debit card and ATM transactions. (ABC News -- Business)
IIJ Announces First Six Months Financial Results for the Fiscal Year Ending March 31, 2010 Nov 13, 2009
Operating loss related to our new ATM operation business was JPY467 million (JPY227 million in 1H08) ... "For our new ATM operation business operated by our consolidated subsidiary Trust Networks Inc. ("Trust Networks"), new ATMs were placed in the Kansai area from April 2009 and from early November 2009, they begun placing ATMs in the Kanto area, as planned. The ATM operation business are starting to pick up. "For the latter half of FY2009, while revenue growth is expected to be weak and a... (Primezone Releases)
Surveillance State, U.S.A. Nov 13, 2009
As the War on Terror enters its ninth year to become one of America's longest overseas conflicts, the time has come to ask an uncomfortable question: What impact have the wars in Afghanistan and Iraq -- and the atmosphere they created domestically -- had on the quality of our democracy ... " At the outset of the global war on terror in 2001, memories of early Cold War anti-communist witch-hunts blocked Bush administration plans to create a corps of civilian tipsters and potential vigilantes.... (CBS News)
Fed Acts to Stop Surprise Overdraft Fees Nov 13, 2009
(AP) Banks will have to secure their customers' consent before charging large overdraft fees on ATM and debit card transactions, according to a new rule announced Thursday by the Federal Reserve ... If customers don't "opt in," any debit or ATM transactions that overdraw their accounts will be denied, Fed officials said. (CBS News)
HSBC Amanah unveils its first off-site ATMs Nov 13, 2009
KUALA LUMPUR: HSBC Amanah Malaysia Bhd s off-site automated teller machines (ATMs) are expected to increase its distribution capability as well as those of the conventional banks of the HSBC Group. Chairman Irene M. Dorner said Suria KLCC was selected as the most suitable location for HSBC Amanah s first off-site ATMs due to its strategic location in the Golden Triangle ... These ATMs are also equipped with HOUSe, the shared ATM network between four locally-incorporated foreign banks. (The Star Online, Malaysia -- Business)
AP News in Brief Nov 13, 2009
Banks will have to secure their customers' consent before charging large overdraft fees on ATM and debit card transactions, according to a new rule announced Thursday by the Federal Reserve. The rule responds to complaints from consumer groups, members of Congress and other regulators that the overdraft fees are unfair because many people assume they can't spend more on a debit card than is available in their account. (Fresno Bee -- Nation)
Fed: Banks Need Customer Consent on Overdraft Fees Nov 13, 2009
FILE - In this Oct. 16, 2009 file photo, customers use ATMs at a Bank of America branch office. FILE - In this Oct. 16, 2009 file photo, customers use ATMs at a Bank of America branch office, Friday, Oct 16, 2009 in Boston ... The Federal Reserve has issued a new rule that will prohibit banks from charging overdraft fees on ATM and debit card transactions unless a customer allows it. (ABC News -- Wire)
Ghana & Africa Bedevilled? Nov 12, 2009
Such atmospheres of freedom may seem attractive till one needs water, electricity, decent and durable built roads, to register a business, or need police services during say an armed robbery or theft at night ... It is next to impossible to read the numbers and letters on ATM machines at the nations premier Bank, Ghana Commercial Bank. (Ghana Web, Ghana)
Where Germs Hide Nov 12, 2009
Another area where germs may hide is at the ATM. Gerba found millions of bacteria on a New York City ATM machine outside of a building. He said ATMs can be some of the biggest germ offenders. (CBS News)
Privacy Debacle Hall of Fame Nov 12, 2009
He was dismayed to that many of these drives had not had their memories properly wiped: One still contained data from its days in an ATM machine, and two were packed with credit card numbers. He bought several dozen more used hard drives, and found that overall only about 10 percent had had their memories adequately wiped. (Yahoo News -- Online Privacy)
Carjack suspect has long rap sheet Nov 12, 2009
Police said Saleem and at least one accomplice confronted the couple about 7:30 p.m. Monday, apparently after following them for a short distance as Keegan and Stern returned from dinner at a Chinese restaurant and a stop at an ATM. After shooting Keegan outside his apartment in the 1100 block of Boxwood Drive, the robbers escaped in Keegan's Buick and in a bright red pickup. State records list Saleem's mother, Rukan Saleem, as the owner of a red 1997 Ford F-150 pickup. (The Palm Beach Post)
Poll: Californians worry about cuts to higher ed Nov 12, 2009
EDITORIAL: CSU shouldn't treat students like ATM machines. The leaders of the California State University and University of California systems seem to think their students are ATM machines. (Fresno Bee -- State)
EagleBank Announces the Opening of a New Branch in Montgomery County Nov 12, 2009
The new branch features Drive-Up Service, ATM, Night Drop, Safe Deposit Boxes and offer a full array of lending, cash management and online banking services for both business and retail clients. ABOUT EAGLE BANCORP, INC. AND EAGLEBANK. (Primezone Releases)
Push to wipe out card scammers Nov 12, 2009
NEW laws that target ATM skimming scams and the trafficking of credit cards and PINs on the black market will be a ''powerful new weapon'' against the $1 billion-a-year identity fraud industry, the State Government says. The Premier, Nathan Rees, said the three new personal identity offences would help bring the Crimes Act into the internet era, while antiquated laws dealing with outdated methods of fraud and forgery would be repealed. (Sydney Morning Herald -- Australia)
8 charged in elaborate ATM cyberheist Nov 12, 2009
A U.S. grand jury on Tuesday indicted eight foreigners on charges stemming from an elaborate cyberheist that began by hacking debit card data from Atlanta-based payments processor RBS WorldPay, then using the data to extract millions from ATMs around the world in just 12 hours ... Companies use such accounts to distribute salaries via debit cards, which employees use at ATMs to withdraw their pay ... 4 million from more than 2,100 ATMs in the United States, Russia, Ukraine, Estonia, Italy, Hong... (AZCentral -- Business)
Microsoft hopes tech types get touchy with computer screens Nov 12, 2009
While the ergonomics may seem unnatural at first, the truth is that folks touch computer screens all the time, getting cash at an ATM, receiving boarding passes at the airport or printing pictures at a photo kiosk. And you're a master of touch if you carry an iPhone or certain other smartphones. (USA Today -- Money)
Brookline police incident reports: Nov. 3-9 Nov 11, 2009
2:30 p.m., Nov. 9 Washington Street, Washington Square A woman reported her identification stolen and ATM card used to withdraw money. Breaking and entering. (Brookline TAB, MA)
Feds bust ATM hacking ring accused of stealing $9M Nov 11, 2009
The U.S. attorney, Sally Quillian Yates, says the group created 44 counterfeit payroll debit cards used to withdraw money from more than 2,100 ATMS in at least 280 cities worldwide, including the United States. Authorities say Sergei Tsurikov 25, of St. Petersburg, Russia, was in custody but the U.S. attorney's office declined to discuss the whereabouts of the others. (Atlanta Journal-Constitution -- World)
Four hackers indicted in $9.4 million ATM heist Nov 11, 2009
The hackers focused on payroll debit cards which allow employees to withdraw their salaries from a bank ATM. ... 4 million from 2,100 ATMs in 280 cities worldwide. (Christian Science Monitor -- USA)
nFinanSe teams with Winn-Dixie Nov 11, 2009
50 to withdraw funds at an ATM but can get free direct deposit of payroll, free receipt of bank transfers to the card, free live customer service in English and Spanish and free cell phone text message alerts with purchase and balance information after each transaction, the release said. All major fees will be displayed on the packaging so that consumers will be able to discern the costs of carrying the card and will be able to compare it to any competing product, the release said. (Jacksonville Business Journal, FL)
Guv approves earlier presidential primary Nov 11, 2009
A June primary has resulted in California becoming an "ATM state" in which candidates come to raise money but don't bother campaigning their parties' nominations are pretty much sewn up by then. Still, it's likely California voters won't be the only ones hitting the polling booths on Feb. 5. (Yahoo News -- Arnold Schwarzenegger)
Bomb scare evacuates Tigard bank, area businesses Nov 11, 2009
Authorities said the device was located near the ATM machine outside the Bank of America and it looked like a medical box of some sort. Police decided to evacuate eight or nine surrounding businesses along SW Pacific Highway as a precaution. (KGW Northwest NewsChannel 8, OR)
International hacking ring indicted in ATL Nov 11, 2009
By using a payroll debit card, employees are able to withdraw their regular salaries from an ATM.. Once the encryption on the card processing system was compromised, the hacking ring allegedly raised the account limits on compromised accounts, and then provided a network of "cashers" with 44 counterfeit payroll debit cards, which were used to withdraw more than $9 million from more than 2,100 ATMs in at least 280 cities worldwide, including cities in the United States, Russia, Ukraine, Estonia,... (Atlanta Business Chronicle, GA)
9 indicted in high-tech theft ring Nov 11, 2009
1:10 p.m. Tuesday, November 10, 2009. Jury in Atlanta indicts East Europeans indicted in high-tech theft ring. (Atlanta Journal-Constitution -- Business)
2 plead guilty to ATM 'skimming' Nov 10, 2009
2 plead guilty to 'skimming' from Atlanta ATMs ... Two Romanian men pleaded guilty to "skimming" nearly $200,000 from Atlanta area Washington Mutual ATMs ... From fall 2007 to July 2008, Marius Enache Csapay, 45, and Romulus Bacian, 40, are accused of attaching equipment to ATMs that would automatically record a bank customer's debit card number. (Atlanta Journal-Constitution -- Metro)
Smart self defense tips Nov 10, 2009
If it is nigh 00004000 t and shops are not open, go inside an ATM box. ATM centres always have security guards. (India Times, India)
Money business Nov 10, 2009
Updating and fixing ATMs is big business for small Buckner firm - Business First of Louisville ... Updating and fixing ATMs is big business for small Buckner firm ... Keeping ATMs working properly and looking good is just one piece of ABE s business, which is expanding as the company becomes an ever more important tool both for bankers and for consumers. (Louisville Business First, KY)
2 plead guilty to 'skimming' from Atlanta ATMs Nov 10, 2009
Two Romanian men pleaded guilty to "skimming" nearly $200,000 from Atlanta area Washington Mutual ATMs. From fall 2007 to July 2008, Marius Enache Csapay, 45, and Romulus Bacian, 40, are accused of attaching equipment to ATMs that would automatically record a bank customer's debit card number ... Court authorities said the men, along with co-conspirators Gabriel Cirlan and Nicolae Drasovian, installed cameras above the ATM keyboards to record as the customer typed in the card's personal... (Atlanta Journal-Constitution -- Business)
There will be an SEC team in BCS championship Nov 10, 2009
All Tech needs is for aTm to beat the Horns and the Jackets could be in the mix for Pasadena ... TCU will go down hard to Utah next week when that happens, and Tejas loses to aTm then the Jackets will be playing Bama for the MNC. Bank it ... All that needs to happen is that Cinci lose to Pitt, aTm beats Texas and utah beats TCU. It s almost a stone cold lock. (Atlanta Journal-Constitution -- Sports)
Court order reveals details on how SC couple died Nov 9, 2009
They haven't used their Blackberries, cell phones, credit cards or an ATM since their meeting with Gerwing. Information from: The Island Packet, http://www. (Atlanta Journal-Constitution -- Metro)
Reserve Bank asked to help with Bankserv Nov 9, 2009
"All PIN-based electronic transactions, including ATM transactions, were again affected by Bankserv system failures this past week, which reached a peak on Tuesday," Shoprite said. This resulted in payments for goods being debited against consumers' accounts while vendors received no value, leaving many consumers out of pocket and without their purchases. (Business Report, South Africa)
Retailers on guard as crooks ram vehicles into properties Nov 9, 2009
Police are investigating at least eight recent crimes involving thieves using a truck or other vehicle to break through the front door of businesses and grab merchandise and cash and break into ATMs ... 1: A truck crashed through the entrance of Moanalua 99 in Mapunapuna, taking cash from an ATM and looting a cell phone store and jewelry shop ... More recently, thieves have been targeting businesses with ATMs on property, he said. (Honolulu Star-Bulletin)
Tips to simplify your finances Nov 9, 2009
Tools like mobile banking, online banking, and your local ATM simply make doing the hard stuff a little bit easier by giving you more control, convenience and choice ... Check your balances and transactions, pay bills, transfer money, locate ATMs and more. (Ontario Argus Observer, OR)
Seeking the cellphone future, in Kampala Nov 8, 2009
Chipchase likes sente, he writes, because it turns "any mobile phone user into an ATM machine." And it's the kind of grassroots generated innovation that Nokia would never have figured out in advance. It just happened. (Salon)
Nigeria: Aero Opens Kaduna, Jos Route With N5,000 Fare Nov 7, 2009
com: Nigeria: Aero Opens Kaduna, Jos Route With N5,000 Fare (Page 1 of 1). Aero Opens Kaduna, Jos Route With N5,000 Fare. (allAfrica.com)
Sandy Springs blotter: Hookah heist follow-up Nov 7, 2009
5500 block of New Northside Drive: At around 1:30 a.m., the victim withdrew $100 from the ATM. While he was sitting in his car counting the money, a man came up to him and pulled a gun ... Unless you absolutely have to, dont make the ATM run after dark, much less in the middle of the night. (Atlanta Journal-Constitution -- Metro)
NM Educators opens NE Heights branch Nov 6, 2009
It also provides 24-hour ATM service equipped with modern imaging technology to allow customers to deposit checks and currency without an envelope or deposit slip. Anneliese Steen, COO and executive vice president for service delivery and development, said the new branch will help the credit union better serve members who live or work in the Far Northeast Heights. (New Mexico Business Weekly, NM)
Son, 2 other men try to rob father, police say Nov 6, 2009
When the victim said he didnt have any money, the suspects forced the victim at gunpoint to drive to an ATM, Lt. Anthony Martinez said. The suspects followed in a white van as the victim headed to an ATM. On the way, the victim saw a police unit and began driving erratically to get the attention of police. (Fresno Bee)
Majority of Indians use Twitter for news Nov 6, 2009
PTI 6 November 2009, 10:48am IST. NEW DELHI: Twitter may have gained immense popularity as a microblogging website but in India majority use it as a source for news. (India Times, India -- Community News)
MEPS sees 15% growth in transactions Nov 6, 2009
For the last two to three years, we have achieved 15% annual growth in transactions and we believe we will continue to see that same kind of figure next year, he said yesterday after the launch of Al Rajhi Bank Malaysias participation in MEPS shared automated teller machine (ATM) network event. Al Rajhi Bank is the first Islamic foreign bank to join the ATM network that now connects 14 banks and close to 9,000 ATMs nationwide ... We are confident that MEPS and its member banks will soon... (The Star Online, Malaysia -- Business)