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Cardtronics (CATM) in Houston posted lower profits in the fourth quarter despite a 22% increase in revenue.
February 6 -
Cardtronics has launched a branding initiative that lets up to ten banks put their logos on a single ATM.
July 26 -
Cardtronics (CATM), the largest independent operator of ATMs, faces a large fine for failing to make its machines accessible to the blind as required by a class-action settlement.
March 22 -
BBVA Compass (BBVA) of Birmingham, Ala., has opened two new banking centers in The Woodlands, Texas, a fast-growing suburb north of Houston.
March 4 -
BBVA agreed on Thursday to buy disrupter Simple for $117 million in a bid to improve the Spanish bank's digital properties.
February 20
Cardtronics (CATM) in Houston announced Thursday a new licensing agreement with BBVA Compass that would give the bank branding rights to more than 300 automated teller machines in H-E-B grocery stores throughout Texas.
The move increases the bank's ATM network in Texas by 50%, bringing its total to approximately 1,000 machines in the state. Millions of customers visit the Houston, San Antonio, Corpus Christi and Rio Grande Valley H-E-B store locations annually, Cardtronics said in a press release.
Customers who want to know where to find the ATMs can use the ATM locator on
"Customers want access to money on their terms," Gabriel Palafox, director of multichannel development at the Birmingham, Ala.-based BBVA Compass, said in a news release. "Having bank-branded ATMs in high-traffic locations like H-E-B stores is a great way for us to meet those needs."
The agreement is the second Cardtronics has struck with BBVA in the last two years. In 2012, the financial institution branded 268 Cardtronics-owned ATMs in convenience and grocery stores across Texas and Colorado.
BBVA Compass, with $72 billion of assets, is the U.S. unit of the Spanish bank Banco Bilbao Vizcaya Argentaria.
