Finextra: Cash machine crime is fastest growing category of card fraud – Apacs
Cash machine fraud in the UK rose by 85% to 61 million in the year to June 2004, according to banking industry figures.
Continue reading “Cash machine crime is fastest growing category of card fraud – Apacs”
Response to Finance Canada’s Large Bank Mergers in Canada
Introduction
December 2003
Interac Association is pleased to provide this submission in response to the government’s invitation to comment on the financial sector issues identified in its response to the Parliamentary committees that studied large bank mergers and the public interest. While the government’s June 2003 consultation paper discussed several issues relating to the competitive landscape, our submission focuses on the issue of full functionality of automated banking machines (ABMs), in light of the significance of this issue to the Association and our members. As detailed in the government’s June report, the aim of full functionality would be to enable individuals and small businesses “to conduct the full range of banking activities (e.g. deposits, withdrawals, bill payments, etc.) at any banking machine of their choice, regardless of institution or location.”
Continue reading “Interac Association Submission to the Department of Finance Regarding ABM Full Functionality”
CBC Marketplace: White Label ATMs
Air Date: December 5, 2001
Reporter: Clifton Joseph
Producer: Guy O’Sullivan
Associate Producer: Mike Gordon
Editor: Tony Coleman
More of us rely on bank machines for cash — but many of those machines have changed appearance. It’s a trend that may be coming to an ATM near you — a trend that could cost you more to withdraw your money.
Continue reading “White Lable ATM’s (2001)”
Air Date: Jan. 18, 2000
Summary:
In life there are two constants: death and taxes but now you can add a third… instant teller fees, the surcharge fees you’re hit with at those private, generic cash machines. The industry calls them white label machines and they’re everywhere you turn.
Continue reading “ATM Fees”
Internet Changes Everything: Retailing revolution on its way
Iimagine entering a grocery store, picking up what you need and walking out … thats it – no line up, no check out. Thats the promise from RFID.
Continue reading “No more check-outs”
Bank of America to deploy 180,000 IP phones with Cisco, EDS
By Phil Hochmuth
Network World Fusion, 09/28/04
Bank of America this week announced plans for a corporate-wide IP telephony rollout that will eventually put an IP phone on every BoA employee’s desktop – about 180,000 phones total.
The ambitious VoIP plan will involve replacing BoA’s entire telecom infrastructure with Cisco IP PBXs, voicemail servers and telephones. EDS will assist BoA in the deployment of the new phone network, which is expected to take three years to complete.
Continue reading “Bank of America to deploy 180,000 IP phones with Cisco, EDS”
FDIC: FYI – Branching Continues to Thrive as the U.S. Banking System Consolidates
October 20, 2004 Print Version – PDF 98k (PDF Help)
Request Hard Copy
Overview
Consolidation of FDIC-insured commercial banks and thrifts into fewer and larger companies represents a long-term trend with far-reaching business and regulatory implications.1 But amid charter consolidation, a steady expansion in the number of U.S. bank and thrift branches is also underway that is itself changing the face of the banking industry. Recent research published under the FDIC Future of Banking Study showed that while the number of commercial banks declined by 29 percent from 1994 through 2003, the number of bank branches increased by 15 percent over the same period to almost 67,000.2 The study showed that despite consolidation, branches remained a valuable resource in helping banks generate fee income and possibly better manage their overhead expenses.
Continue reading “Branching Continues to Thrive as the U.S. Banking System Consolidates”
Finextra: Bank of America selects NCR Aptra Edge to drive ATM network
Bank of America is to deploy software from NCR to manage its multivendor network of 16,000 ATMs.
Continue reading “Bank of America selects NCR Aptra Edge to drive ATM network”
Today is Oct 16th – it was 8 years ago today that online banking began – certainly in North America, and arguably anywhere.
Continue reading “Another Birthday”
EBPP in Western Europe and the US 2004 – Computer Business Review
Published: 26 Feb 2004, Publisher: Datamonitor
Introduction
Early forecasts on adoption and growth of electronic bill presentment and payment solutions were optimistic. But despite the potential benefits of this new technology, the predicted growth in Europe has yet to appear, and even in the US providers have struggled to demonstrate healthy business. This briefing examines the reasons behind this and looks at the market’s future prospects.
Continue reading “EBPP in Western Europe and the US 2004”
