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Suit Against Diebold By Servicers Dismissed

SAN FRANCISCO-A federal court here last week dismissed a suit brought by the nation's ATM servicers against Diebold Inc., claiming the ATM maker controlled the market for ATM upgrades, particularly with respect to the Triple DES security standards.

The request for dismissal was filed by the Financial and Security Products Association, which represents more than 350 ATM maintenance companies around the country.

The dismissal came three weeks after the court denied a request by the ATM servicers to block a Diebold policy on Triple Data Encryption Standard-better known as Triple DES-upgrades as unfair and ...

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