Security

People and company news week ending Oct. 30

Binance reels from a $6.3B hack, manufacturers make big partnerships.

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November 2, 2026 by Bradley Cooper — Editor, Connect Media

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In this weekly series, we will be giving readers a reminder/refresher of the biggest news both in the banking industry and the ATM industry as a whole.

Binance disaster

The biggest news the week of Oct. 26 to 30 was the$6.3 billion hack of cryptocurrency exchange Binance. Authorities believe that a North Korean sponsored hacking group is behind it: the same one that pulled off the second biggest heist in 2025 with the Bybit hack.

To put this number into perspective, this is bigger than any other bank robbery in recorded history. Binance was able to freeze $3 billion of the funds and has been replacing the lost cryptocurrency through reserve funds.

Bank of America proves branches aren't dead

Bank of America has continued to increase its branch footprint, with now close to 3,500 branches across the U.S.

The bank has been steadily investing in opening branches or redesigning older ones to meet clients' needs. It has invested nearly $5 billion into its branch network since 2016, and now it claims its branches are within geographical reach of 83% of the U.S. population.

Regions Bank delivers treasury cash management

Regions Bank teamed up with NCR Atleos and Clip Money to provide cash deposits at more than 8,100 Clip Money locations in the U.S. With this service, businesses can take advantage of NCR Atleos ATMs.

They can make these deposits at retailers, smart safe adn ATM locations, along with cash reporting and tracking. It aims to simply overall cash management for multi-location businesses.

Diebold Nixdorf unveils big partnership with Euronet

Diebold Nixdorf is aiming at transforming ATM outsourcing through a partnership with Euronet Worldwide Inc.

Through the partnership, Diebold Nixdorf will combine its cash recycling ATMs, software and repair services with Euronet's Ren payments platform. The overall aim is to simplify management for ATMs and enable more advanced self-service financial solutions.

About Bradley Cooper

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Bradley Cooper is an experienced editor for Connect Media. He has written across a wide range of beats, ranging from food to digital signage to banking, and is the current editor of ATM Marketplace and Food Truck Operator. His background is in information technology, advertising, and writing. When he’s not crafting a story, you can find him going for a run or spending time with his wife and three sons. 

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Euronet Software Solutions

We move money in all the ways the world depends upon

Euronet Software Solutions, a division of Euronet Worldwide, is an industry leader in electronic transaction processing, providing solutions to financial institutions, retailers, service providers and consumers. Our solutions include Real-time Payment Hubs, ATM Fleet Management, as well as Credit, Debit, & Prepaid Card and Merchant Management.

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NCR Atleos

NCR Atleos expands self-service financial access for retailers and financial institutions who leverage our expertise, operational scale, always-on global services and constant innovation to deliver convenient self-service banking.

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Diebold Nixdorf

As a global technology leader and innovative services provider, Diebold Nixdorf delivers the solutions that enable financial institutions to improve efficiencies, protect assets and better serve consumers.

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