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News & Media

Western banks hit pitfalls while leaving Russia

January 17, 2023

Western banks have been attempting to sell off assets in Russia following the country's invasion of Ukraine in February 2022. However, Vladimir Putin has…

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Lqwd Fintech updates Bitcoin Lightning Network platform

January 16, 2023

Lqwd Fintech Corp. has released an update to lqwd.tech, its Bitcoin Lightning Network software-as-a-service platform. With this platform, users can integrate…

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SafeAmerica Credit Union CEO, president to retire

January 16, 2023

SafeAmerica Credit Union has announced that Tom Graves, president and CEO, has retired. Frank Zampella, chairman of the directors, will take up the role of…

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NFTs hit the mainstream

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Cryptocurrency has taken a big hit of late with the bankruptcy of the FTX crypto exchange, but one crypto entrepreneur that has brought crypto to the vending…

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Contactless market to reach $24.5B

January 13, 2023

The contactless payment market will grow from $12.1 billion in 2021 to $24.5 billion in 2027 at a compound annual growth rate of 12.48%, according to research…

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First Bancorp inks acquisition of GrandSouth

January 13, 2023

First Bancorp has officially acquired GrandSouth Bancorp, the parent company of GrandSouth Bank. With the acquisition, First Bancorp will have $12 billion in…

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AML RightSource updates brand

January 12, 2023

AML RightSource, a provider of anti-money laundering, know-your-customer and Bank Secrecy Act solutions, has unveiled its updated brand. The brand represents…

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South Atlantic Bancshares names COO

January 12, 2023

South Atlantic Bancshares Inc., the parent company of South Atlantic Bank, has selected Travis A. Minter to serve as COO. He previously served as chief banking…

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BankFirst acquires Mechanics Banc

January 11, 2023

BankFirst Capital Corp., parent company of BankFirst Financial Services, has completed its acquisition of Mechanics Banc Holding Company and its subsidiary…

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Blockchain fintech Securrency brings on CEO

January 11, 2023

Securrency, a blockchain-based financial and regulatory technology provider, has selected Nadine Chakar to serve as CEO. Prior to joining Securrency, she…

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Philadelphia thieves snatch Popeyes ATM

January 10, 2023

Police in Philadelphia, Pennsylvania are on the lookout for four suspects who allegedly stole an ATM from a Popeyes location. The crime took place just before…

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Bitcoin ATM growth slowed in 2022

January 10, 2023

While Bitcoin ATMs continue to grow worldwide, growth slowed in the later part of 2022. In fact, only 94 were installed from July to December 2022, compared to…

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Examining banking trends in 2023

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

We have now entered into 2023, and it's time to look ahead to see what's on the horizon for branches, self-service and overall banking trends this year.

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Metropolitan Bank bails on crypto

January 10, 2023

Metropolitan Commercial Bank will cease its cryptocurrency services due to "recent developments" in the industry. The bank is one of the few to directly offer…

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Washington police investigating ATM crime wave

January 9, 2023

Police in Tacoma, Washington are investigating a series of crimes at ATMs. In particular, thieves are robbing people at gunpoint as they withdraw money from…

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Thief wheels out ATM from hotel

January 9, 2023

Madison, Wisconsin police are looking for information on a man who allegedly stole an ATM from a hotel. Police say he loaded an ATM from the Main Stay Suites…

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Farmers National Banc completes merger with Emclaire Financial

January 9, 2023

Farmers National Banc Corp., the holding company for the Farmers National Bank of Canfield, has officially acquired Emclaire Financial Corp., the holding…

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