GLG News by ATM Market Experts

TJX's data breach stretched from the U.S. to Canada and as far as the Ukraine, when one of the ring leaders was arrested for his role in TJX's data card breach. Reports first surfaced that more than 45 million cardholders had been affected, however, after Visa's investigation, the number more than doubled...

Executives from Bank of America, Capital One and Discover appeared before the Senate Committee on 12.4.07, to explain their credit card practices. Credit card executives defended the practices as "legal," however; critics denounce the practices and want Congress to regulate the credit card behemoths....

The downturn in the housing market has made banks reluctant to sink money into anything related to real estate and foreclosures are on the rise. U.S. banks and thrifts may have good reason to be concerned about lending as provisions for loan losses rose in 3Q07 and banks set aside $16.6 billion to cover...

Blackhawk Network teams up with Kroger Stores to afford consumers to shop conveniently for prepaid gift cards while picking up groceries, filling  prescriptions or other retail items. Blackhawk Network will offer Kroger's customers the variety, selection and convenience consumers seek, which are...

Wincor and NCR will assist Chase in deploying 900 check-imaged/ no-envelope deposit ATMs by 2008. Chase has already realized ROI with 50 piloted no-envelope deposit ATMs, including reduced transportation costs and fewer courier runs for ATM replenishment, elimination of fraud at the ATM, an increase...

Since 2004, AmEx and Discover has battled with Visa and MasterCard over alleged exclusionary practices, which led to antitrust suits against both parties, contending they engaged in illegal practices to stifle competition. AmEx dropped its action against three of the bank defendants who became AmEx...

Consumer adoption of EBPP (Electronic Bill Present & Payment) has more than doubled since January 2002, when approximately 37% of online households payed at least one bill online. Today, 74% of households pay at least one bill online, compared to 69% in 2005. e-bills offer the ability to securely...

Check image volume continues to shatter year-over-year records and check imaging/exchange could save banks $2 billion annually by reducing transportation costs, reducing float time, check fraud and check processing costs. Image exchange networks such as SVPCO, Endpoint Exchange, ECCHO, Fiserv and the...

Shares in some of America's biggest banks slumped to their lowest level in several years on fears they may have to write-down multi-million dollars more from their exposure to risky mortgages, CDOs, (collateralized debt obligations) SIVs (structured investment vehicles) and leveraged loans. Banks that...

NCR spun-off Teradata which resulted in a net income loss of  63% without Teradata's earnings included, however, NCRs EMEA and Asia-Pacific ATM sales division attributed to a 17% sales increase in 3Q07. NCR categorizes its ATM sales into four segments: 1. the Americas - which accounted for 49%...