An alternative to using cursors in a SQL Server stored procedure

It doesn't seem like I'm having problems executing my cursors that are enclosed in a stored procedure. But I want to find a more effective way to achieve the same.

Here it is.

Stored Procedure: RawFeed.sql(performed every 5 minutes)

Set @GetATM = Cursor For
        Select DeviceCode,ReceivedOn
        From RawStatusFeed
        Where CRWR=2 AND Processed=0
        Order By ReceivedOn Desc
    Open @GetATM
    Fetch Next
    From @GetATM Into @ATM,@ReceivedOn
    While @@FETCH_STATUS = 0
        Begin
            Set @RawFeed=@ATM+' '+Convert(VarChar,@ReceivedOn,121)+' '+'002307'+' '+@ATM+' : Card Reader/Writer - FAULTY '
            Exec usp_pushRawDataAndProcess 1,@RawFeed
            Fetch Next
            From @GetATM Into @ATM,@ReceivedOn
        End
Set @GetATM = Cursor For
        Select DeviceCode,ReceivedOn
        From RawStatusFeed
        Where CRWR=0 AND Processed=0
        Order By ReceivedOn Desc
    Open @GetATM
    Fetch Next
    From @GetATM Into @ATM,@ReceivedOn
    While @@FETCH_STATUS = 0
        Begin
            Set @RawFeed=@ATM+' '+Convert(Varchar,@ReceivedOn,121)+' '+'002222'+' '+@ATM+' : Card Reader/Writer - OK '
            Exec usp_pushRawDataAndProcess 1,@RawFeed
            Fetch Next
            From @GetATM Into @ATM,@ReceivedOn
        End

Similarly, I have 10 more statements SETthat differ in the condition parameter WHEREand the string enclosed in the variable @RawFeed.

For each line that I get, I execute another stored procedure on that particular line.

My question

Is there a better way to achieve this without using cursors?

@RawFeed string, usp_pushRawDataAndProcess. , , INSERT,UPDATE,DELETE .

1 STRING IN usp_pushRawDataAndProcess

NMAAO226 2012-09-22 16:10:06.123 002073 NMAAO226 : Journal Printer - OK 
WMUAO485 2012-09-22 16:10:06.123 002222 WMUAO485 : Card Reader/Writer - OK