ATMs

Livewire International Inc., a York, Pa.-based software company with about 100 kiosks and other devices on its network selling items like ski-lift tickets, has teamed up with at least one ATM manufacturer and plans to make agreements with several more to sell tickets through ATMs in supermarkets and convenience stores. …

Responding to increasing demand from the independent sales organizations that distribute its ATMs, Fremont, Calif.-based Tranax Technologies Inc. is planning to introduce a low-end multifunction machine toward the end of the year that will combine conventional cash dispensing with typical kiosk functions like ticket and gift-card sales and check cashing …

The parade of major ATM deployers out of the business of owning and managing ATM networks continues with the announcement that eFunds Corp., Scottsdale, Ariz., is selling its fleet of 17,200 machines, which are under merchant contracts in the U.S. and Canada, to Portland, Ore.-based TRM Corp. for $150 million …

Debit card fraud in Canada last year amounted to $44 million ($34 million U.S.), which criminals drained from some 27,000 accounts, according to data recently compiled by Interac, the national electronic funds transfer network. The study represents the first attempt in Canada to measure fraud losses sustained by holders of …

First Data Corp.'s letter of intent with Bank of America Corp., which includes processing services from FDC for BofA ATMs as well as for debit card transactions secured by personal identification numbers, amounts to a big win for the Denver-based processor after a string of stinging losses, observers say. “Obviously, …

Nine electronic funds transfer networks have now approved a $1,600 retrofit kit from a Cincinnati-based ATM refurbisher and servicer for use in ATMs on their systems. The kit, called 3DESPlus, allows ATM owners to upgrade existing machines to make them comply with new security requirements from the bank card companies …

Central Technology Services, the Jefferson, City, Mo.-based transaction-processing arm of Central Bancompany, says it will move its ATM-driving capability from its mainframe to a server-based system from Mosaic Software, Deerfield Beach, Fla. The software, which runs Microsoft Corp.'s Windows operating system, will handle ATM driving, transaction switching including intercept processing, …

Banks are getting set to unveil revamped fleets of ATMs equipped with the latest technology and able to perform a wide range of advanced transaction functions, such as truncation of check deposits. That's according to a new report from Needham, Mass.-based consultancy TowerGroup, which says large banks in the U.S. …

7-Eleven Inc., the nation's largest convenience-store chain, has acquired the ATM network deployed in its stores from American Express Co. for $44 million. The network connects some 5,483 machines in stores owned, franchised, and licensed by Dallas-based 7-Eleven. The acquisition positions the chain as a major player in electronic funds …

As he prepares to take the reins from Dennis F. Lynch as president of the NYCE electronic funds network, Steven A. Rathgaber says the Montvale, N.J.-based network's acquisition by Milwaukee-based Metavante Corp. will help it weather what is probably the fiercest competition the online debit business has ever faced. “Dennis …