News

DAYTON, Ohio -Metavante, which manages 9,000 ATMs across the country, has certified NCR's "No-envelope" deposit technology. Metavante of course is becoming a bigger player in the EFT market with its plans to acquire NYCE for $610 million. Metavante has certified NCR's bunch-note acceptor component and iTRAN 1000 check-processing module, which...

ALEXANDRIA, Va.-The Federal Deposit Insurance Corporation has asked the public for their opinion on whether stored value card funds should qualify as deposits under the Federal Deposit Insurance Act. Financial Institution Letter FIL-44-2004 states that the FDIC has proposed that funds placed in a bank or thrift by a sponsoring...

LAKELAND, Fla. - Police are investigating an incident where 10 debit cardholders had their card data and personal identification numbers stolen at a gas station's pumps into which thieves had inserted skimming devices, according to WESH, a local news outlet. The devices, which could not be seen from outside the...

OAK RIDGE, Tenn. - ORNL Federal Credit Union, a $730 million credit union based in Oak Ridge and Tennessee's third largest CU, has signed an agreement to convert its 58,000 ATM accounts to PSCU Financial Services' debit platform, PSCU announced. Following the conversion, PSCU Financial Services will process both signature...

ST. PETERSBURG, Fla. - PSCU Financial Services has teed up to raise over $14,000 for the Children's Miracle Network. More than 95 golfers participated in the PSCU Financial Services Annual Golf Benefit. Proceeds will provide underwriting support for three hospitals to include Children's Hospital in Clearwater, Florida; the Phoenix Children's...

DECATUR, Ga. - Platinum has been a sterling performer for Emory FCU's credit card program. The $100 million credit union says for its upscale Atlanta membership (19,000 of them), the platinum card has the right mix of benefits and panache. Emory, based in Decatur, Georgia, serves the Emory University community,...