Diebold Nixdorf establishes post-bankruptcy reorganization plan

July 14, 2023

The U.S. Bankruptcy Court in the Southern District of Texas has confirmed Diebold Nixdorf's reorganization plan of debt restructuring process, following its…

KeyBank intros home ownership credit program

July 14, 2023

KeyBank has introduced its third special purpose credit program, called KeyBank Neighbors First Credit, which provides up to $5,000 to help home buyers…

The Benefits of Upgrading Your ATM Software and Architecture

Banks want to provide customers with an omnichannel experience. This includes a comprehensive set of services that use all digital channels and self-service…

Founder of defunct crypto exchange Celsius Network arrested

July 13, 2023

Authorities have arrested Alexander Mashinsky, founder of defunct cryptocurrency exchange Celsius Network, on charges of misrepresenting the organization's…

Man kills 2 alleged ATM robbers

July 13, 2023

A man shot and killed two people who were allegedly attempting to rob him at an ATM in San Antonio, Texas. He was confronted by the individuals while at the…

Bank of Baroda intros electronic bank guarantee

July 13, 2023

Bank of Baroda, an Indian bank, has introduced Electroc Bank Gurantee on its digital BarodaINSTA platform through a partnership with National E-Governance…

Bank of America fined for more than $250M for fake accounts, junk fees

July 12, 2023

The Consumer Financial Protection Bureau has ordered Bank of America to pay more than $250 million in fines and customer refunds for a variety of violations…

Fintech software market to grow by more than 8%

July 12, 2023

The fintech software market will grow at a compound annual growth rate of 8.82% from 2023 to 2027, according to research from Technavio. The primary market…

Member Access Processing to offer loyalty rewards

July 12, 2023

Member Access Processing, a prepaid, Visa DPS, debit, credit, ATM and mobile processing platform for credit unions, has added ampliFI Loyalty Solution's…

ATM industry urges Congress to take action on Safe Access to Cash bill

by Bradley Cooper — Editor, Connect Media

Following high profile deadly shootings at ATMs, the industry is calling on Congress to act to protect access to cash.

UK shuts down 26 unregistered crypto ATMs

July 11, 2023

The Financial Conduct Authority of the U.K. has shut down 26 cryptocurrency ATMs in the country for not registering with the FCA.

Seattle's county seat passes cashless ban

July 11, 2023

The King County Council in Washington has voted to require businesses in unincorporated parts of the county to accept cash of up to $200. In the state, 2% of…

SVB parent sues FDIC to recover $1.9B in seized assets

July 11, 2023

SVB Financial Group, the parent company of the failed Silicon Valley Bank, has sued the Federal Deposit Insurance Corp. for $1.9 billion that the agency seized…

Slide Insurance raises $35M to build credit facility with Regions Bank

July 11, 2023

Slide Insurance, an insurtech company, has raised $35 million to build a senior credit facility with Regions Bank in Tampa, Florida, according to a press…

Michigan thieves fail to gain cash from ATM

July 10, 2023

Authorities in Grand Rapids, Michigan are investigating an attempted ATM robbery. Suspects hooked a chain to an ATM with a truck and pulled it out of a…

Michigan police on lookout for ATM card skimmer suspect

July 10, 2023

Police in Dearborn, Michigan are asking the community for help to identify a suspect who allegedly has installed skimming devices on ATMs to steal personal and…

Financial education delivers solid foundations

Avoiding financial traps is critical to increasing financial resilience and helping consumers to achieve their financial goals.

Cash logistics market to grow by $20B with ATMs leading the way

July 7, 2023

The cash logistics market will grow by $20.26 billion from 2022 to 2027 at a compound annual growth rate of 10.16%, according to research from…

Bank of Baroda appoints CEO

July 7, 2023

Bank of Baroda, an Indian bank, has appointed Shri Debadatta Chand as CEO and managing director. He previously served as executive director at the Bank of…

Bok Financial sues insurer for alleged ATM losses

July 7, 2023

Bok Financial, based in Tulsa, Oklahoma, has sued its insurer for $7.3 million in damages from cash it lost from ATM theft since September 2021. Its insurer…