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Money Access Card
Money Access Center (MAC, also Money Access Card) was an ATM network in the Mid-Atlantic and Midwestern United States, between 1979 and 2005, when it was absorbed into the STAR network. The network was one of the first in the nation, and helped universalize ATM banking. At its height MAC operated 59,000 ATMs in Pennsylvania, New Jersey, Delaware, Maryland, West Virginia, Kentucky, Ohio, and Michigan. History Creation MAC was launched in 1979 by the Philadelphia National Bank (PNB), later renamed CoreStates, to compete with the GEORGE network, which was launched one year earlier by Girard Bank. PNB was able to line up support from thirteen other financial institutions at launch, capturing significantly more market share than GEORGE, to the point that the locals preferred the terms "MAC machine" and "MAC card" to "ATM" or "ATM card". Growth and Independence In 1988 CoreStates acquired and integrated MAC competitor CashStream, making MAC the second-largest regional ATM net ...
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Mid-Atlantic United States
The Mid-Atlantic is a region of the United States located in the overlap between the nation's Northeastern and Southeastern states. Traditional definitions include seven U.S. states: New York, New Jersey, Pennsylvania, Delaware, Maryland, Virginia, West Virginia, and the national capital of Washington, D.C.. Depending on various factors, different regional divisions exist however: the U.S. Bureau of Labor Statistics in its newest regional division excludes New York from the region; the US Census Bureau excludes Delaware, Maryland, Virginia and West Virginia from the region; USGS defines the region by watersheds thus additionally including North Carolina;Earl A. Greene et al"Ground-Water Vulnerability to Nitrate Contamination in the Mid-Atlantic Region". USGS Fact Sheet FS 2004-3067. 2005. Retrieved April 25, 2013. Note: Although the locator map appears to exclude part of northwestern Pennsylvania, other more detailed maps in this article include all of the state. Often, when d ...
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NYCE
The New York Currency Exchange (NYCE) is an interbank network connecting the Automatic teller machine, ATMs of various financial institutions in the United States and Canada. NYCE also serves as an EFTPOS network for NYCE-linked ATM cards. NYCE is based in Secaucus, New Jersey. Rivals of the network include STAR (interbank network), STAR and Capital One's Pulse (interbank network), Pulse. It is owned by Fidelity National Information Services. Origins "NYCE" originally started as a local ATM network of banks located in the New York Metropolitan area, debuting in March 1985 with a network of 800 ATMs at six banks, including Bank of New York, Barclays Bank Chemical Bank, Manufacturers Hanover Trust Company and Marine Midland Bank. It was one of the first networks of its kind, originating shortly after the invention of the ATM (automatic teller machine). Membership was open to all banks, credit unions and savings banks, and as use of ATMs grew, the network spread beyond its origina ...
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Interbank Networks
An interbank network, also known as an ATM consortium or ATM network, is a computer networking, computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through automated teller machine, ATMs that belong to another member of the network. However, the functions which may be performed at the network ATM vary. For example, special services, such as the purchase of mobile phone airtime, may be available to own-bank but not to network ATM cardholders. Furthermore, the network ATM owner may charge a fee for use of network cards (in addition to any fees imposed by the own-bank). Interbank networks enable ATM cardholders to have access to ATMs of other banks that are members of the network when their own bank's ATM is unavailable. This is especially convenient for travelers traveling abroad, where multinational interbank networks, like Plus (interbank network), Plus or Cirrus (interbank network), C ...
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Regionalism (linguistics)
A dialect is a variety of language spoken by a particular group of people. This may include dominant and standardized varieties as well as vernacular, unwritten, or non-standardized varieties, such as those used in developing countries or isolated areas. The non-standard dialects of a language with a writing system will operate at different degrees of distance from the standardized written form. Standard and nonstandard dialects A '' standard dialect'', also known as a "standardized language", is supported by institutions. Such institutional support may include any or all of the following: government recognition or designation; formal presentation in schooling as the "correct" form of a language; informal monitoring of everyday usage; published grammars, dictionaries, and textbooks that set forth a normative spoken and written form; and an extensive formal literature (be it prose, poetry, non-fiction, etc.) that uses it. An example of a standardized language is the French l ...
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NCR Voyix
NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners. NCR was founded in Dayton, Ohio, in 1884. It grew to become a dominant market leader in cash registers, then decryption machinery, then computing machinery, and computers over the subsequent 100 years. By 1991, it was still the fifth-largest manufacturer of computers. That year, it was acquired by AT&T. A restructuring of AT&T in 1996 led to NCR's re-establishment on January 1, 1997, as a separate company and involved the spin-off of Lucent Technologies from AT&T. In June 2009, the company sold most of the Dayton properties and moved its headquarters to the Atlanta metropolitan area, near Duluth. In early January 2018, the new NCR ...
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First Data
First Data Corporation was a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provides nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and at online outlets for nearly a third of all U.S. debit cards. First Data has six million merchants, the largest in the payments industry. The company handles 45% of all US credit and debit transactions, including handling prepaid gift card processing for many US brands such as Starbucks. It processes around 2,800 transactions per second and $2.2 trillion in card transactions annually, with an 80% market share in gas and groceries in 2014. First Data's SpendTrend Report is frequently used by national news networks such as '' WSJ, USA Today'', ''ESPN'', ''The New York Times'', Vox Media, and ''Bloomberg''. On January 16, 2019, Fiserv announced a deal to acquire First Data in an all-stock deal with equity value of $22 billion. Fiserv completed the acquisition ...
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Publicly Traded Companies
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kingdom, it is usually a public limited company (PLC). In Fran ...
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National City Corp
National City Corporation was a regional bank holding company based in Cleveland, Ohio, founded in 1845; it was once one of the ten largest banks in America in terms of deposits, mortgages and home equity lines of credit. Subsidiary National City Mortgage is credited for doing the first mortgage in America. The company operated through an extensive banking network primarily in Ohio, Illinois, Indiana, Kentucky, Michigan, Missouri, Pennsylvania, Florida, and Wisconsin, and also served customers in selected markets nationally. Its core businesses included commercial and retail banking, mortgage financing and servicing, consumer finance, and asset management. The bank reached out to customers primarily through mass advertising and offered comprehensive banking services online. In its last years, the company was commonly known in the media by the abbreviated NatCity, with its investment banking arm even bearing the official name NatCity Investments. In 2007, National City Corp. rank ...
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KeyCorp
KeyBank is an American regional bank headquartered in Cleveland, Ohio, and the 27th largest bank in the United States. Organized under the publicly traded KeyCorp, KeyBank was formed from the 1994 merger of the Cleveland-based Society Corporation, which operated Society National Bank, and the Albany-headquartered KeyCorp. The company today operates over 1,000 branches and 40,000 ATMs, mostly concentrated in the Midwest and Northeast United States, though also operates in the Pacific Northwest as well as in Alaska, Colorado, Texas and Utah. History KeyBank is the primary subsidiary of KeyCorp, which was formed in 1994 through the merger of Society Corporation of Cleveland, Ohio ("Society Bank") and KeyCorp ("Old KeyCorp") of Albany, New York. The merger briefly made Key the 10th largest US bank. Its roots trace back to the Commercial Bank of Albany in 1825 and Cleveland's Society for Savings, founded in 1849. Society Corporation (Society National Bank) Society For Savin ...
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PNC Bank
The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 U.S. state, states and the District of Columbia, with 2,629 branch (banking), branches and 9,523 Automated teller machine, ATMs. PNC Bank is on the list of largest banks in the United States by assets and is one of the largest banks by number of branches, deposits, and number of ATMs. The company also provides financial services such as asset management, wealth management, estate planning, loan servicing, and Business information processing, information processing. PNC is one of the largest Small Business Administration lenders and one of the largest credit card issuers. It also provides asset-based lending to private equity firms and Middle-market company, middle market companies. PNC operates one of the largest treasury management businesses and the second largest lead arranger of asse ...
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Bank One Corporation
Bank One Corporation was an American bank founded in 1968 and at its peak the sixth-largest bank in the United States. It traded on the New York Stock Exchange under the stock symbol ONE. The company merged with JPMorgan Chase & Co. on July 1, 2004, with Bank One CEO Jamie Dimon soon becoming CEO and Chairman of the combined company but under JPMorgan Chase branding. The company had its headquarters in the Bank One Plaza (now Chase Tower) in the Chicago Loop in Chicago, Illinois, now the headquarters of Chase's retail banking division. Bank One traces its roots to the merger of Illinois based First Chicago NBD, and Ohio-based First Banc Group (later Bank One), a holding company for the City National Bank in Columbus, Ohio. History First Banc Group The First Banc Group, Inc. was formed in 1968 as a holding company for City National Bank and was used as a vehicle to acquire other banks. As Ohio began to gradually relax its very restrictive Great Depression era banking laws ...
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