News & Media
Congress grills SVB, Signature Bank execs over bank collapse, compensation
May 17, 2023
Greg Becker, CEO of Silicon Valley Bank alongside Scott Shay, chairman of Signature Bank, recently appeared before Congress to answer questions both on the…
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Valley Bank delivers digital transformation while maintaining human touch
by Daniel Brown — Editor, Networld Media Group
Is traditional banking dead? Or is it transforming? The answer may lie in keeping the traditional touch while integrating innovative technology: like Valley…
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UK to inspect sites for illegal crypto ATMs
May 16, 2023
The Financial Conduct Authority of the U.K. has announced it will inspect sites "suspected of hosting illegally operated crypto ATMs," according to a report by…
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Bank CEO pay in focus following SVB, Signature, First Republic collapses
May 16, 2023
CEO compensation is under focus, as executives from failed banks Silicon Valley Bank, Signature Bank and First Republic gained millions from the planned sales…
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Piedmont Advantage Credit Union appoints Charlotte branch manager
May 16, 2023
Piedmont Advantage Credit Union, headquartered in Winston-Salem, North Carolina, has appointed Carrieanne Holt as manager of its Charlotte, North Carolina…
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SECU selects NCR for digital banking
May 16, 2023
North Carolina State Employee's Credit Union selected NCR Corp. to deliver digital banking for its 2.7 million members. It will use the NCR Digital Banking…
read nowCharlie intros banking services for senior citizens
May 15, 2023
Charlie, a company that offers banking services through Sutton Bank, has launched its services for the 62+ age bracket. It offers tools such as faster access…
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Bank of America opens branch in Luxembourg
May 15, 2023
Bank of America has opened a branch in Luxembourg which will offer bank account openings along with other products and services. The bank will also provide its…
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Making sure shared banking hubs deliver age-friendly banking
The ongoing reduction of bank branches has had a strong impact on the accessibility of banking services for communities, especially for older customers . To…
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Bank Customer Experience Summit keynote to address how to gather actionable customer data
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
One of the biggest challenges for any business is how do to understand its customers and how to act on that knowledge. The keynote address for the Bank…
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FDIC calls on big banks to pay for SVB collapse
May 12, 2023
The Federal Deposit Insurance Corp. has called on banks with more than $5 billion in assets to help pay depositors of the defunct Silicon Valley Bank and…
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Financial risk management software to reach $9.2B market value by 2031
May 12, 2023
The financial risk management software market will grow from $2.5 billion in 2021 to $9.2 billion by 2031, according to a press release from Allied Market…
read nowBank of America provides Leader on Loan to Liberty Science Center
May 12, 2023
Bank of America is providing a senior technology leader for the Liberty Science Center in Jersey City, New Jersey as part of its Leader on Loan program. Pragna…
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Truist ATM stolen from drive-thru
May 11, 2023
A Truist Bank ATM was stolen from a drive-thru in Baltimore, Maryland. When police arrived on the scene, the ATM had been removed, according to a report by CBS…
read nowEveree joins Visa's fintech program
May 11, 2023
Everee, a payroll technology company, has joined Visa's Fintech Fast Track program to launch the Everee Visa Pay Card. With this prepaid card, businesses can…
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Alleged ATM bomber had 8 pipe bombs in Georgia home
May 10, 2023
A man facing charges of blowing up an ATM at a North DeKalb Mall in Georgia had eight pipe bombs in his home in Decatur, Georgia. A federal complaint claims he…
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Dollar Bank tackles ATM skimming head on
May 10, 2023
Dollar Bank is working with lawmakers regarding an ATM skimming scheme, which occurred at various locations with a particular influx in Pittsburgh…
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Diebold Nixdorf to respond to NYSE listing notice, extends exchange offer on outstanding notes
May 9, 2023
Diebold Nixdorf Inc. received a notice on May 5 from the New York Stock Exchange that as of May 4, 2023 it was not in compliance with the NYSE's continued…
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Walgreens brings crypto-enabled ATMs to stores
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
Walgreens has deployed more than 1,300 ATMs that not only accept cash but also provide cryptocurrency purchasing/selling and mobile send/receive cash…
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Bank of America awards $1M grant to NLBM Museum
May 9, 2023
Bank of America has awarded the Negro Leagues Baseball Museum with a $1 million grant as part of its $25 million campaign to build a 30,000-square-foot…
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