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News & Media

German police arrest 42 for ATM explosive attacks

March 21, 2023

More than 2,500 German police officers recently participated in an operation in which 42 people were arrested for suspected involved in ATM explosive attacks.

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Hackers steal $1.5M from General Bytes Bitcoin ATMs

March 21, 2023

Hackers stole $1.5 million from General Bytes Bitcoin ATMs by exploiting a zero-day vulnerability in its BATM management platform. They remotely uploaded a…

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Credit Suisse narrowly avoids shutdown with USB acquisition

March 21, 2023

UBS has acquired Credit Suisse to prevent the bank from collapsing. The acquisition occurred in the wake of the recent collapse of Silicon Valley Bank…

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Jamaican officer shot while using ATM in attempted robbery

March 20, 2023

A police officer was shot while using an ATM in St. Catherine, Jamaica in what police say was an alleged attempted robbery, according to a report by Jamaica…

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Qik Banco Digital Dominicano integrates Temenos Banking Cloud

March 20, 2023

Qik Banco Digital Dominicano has officially launched on the Temenos Banking Cloud, making it the first digital-only bank in the Dominican Republic. With the…

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What's the deal with cash recycling?

by Bradley Cooper — Editor, Connect Media

In a world of increasing competition for customers with neobanks and major staffing challenges at the branch level, banks need to find ways to reduce costs.

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IMM partners with ProcessMaker to automate digital banking account opening

March 17, 2023

IMM, an e-signature provider, has partnered with ProcessMaker, a business process automation company, to integrate its eSign solution with ProcessMaker's…

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Right To Repair

IT'S YOUR EQUIPMENT, REPAIRING IT IS YOUR RIGHT!

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Avast launches Platinum security platform

March 16, 2023

Avast, a digital security company, has introduced its Avast One Platinum cyber safety platform. It offers tools such as credit monitoring, lost wallet…

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Citizens extends branch hours

March 16, 2023

Citizens is extending branch hours to help prospective customers due to current market uncertainties, according to a press release.

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How to Build a Payment Test Automation Strategy for 2023

Automated testing helps to identify and resolve issues faster and more efficiently, leading to improved user experience and increased customer satisfaction.

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Keeping customers engaged with ATM-as-a-Service

Banks are faced with various challenges, from cost pressures to customers’ rising expectations, and are struggling to adopt scalable strategies for delivering…

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North Carolina police seeking 3 ATM thieves

March 15, 2023

Hickory, North Carolina police are on the lookout for three people who allegedly used a stolen Ford F-350 truck to steal from an ATM. The individuals allegedly…

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Washington police warn of Bluetooth skimmers on ATMs

March 15, 2023

Everett, Washington police are warning residents about the increasing number of Bluetooth overlay skimmers in Western Washington on self-checkouts and ATMs.

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Senior citizen left in lurch when Chase fails to process ATM check deposit

March 15, 2023

Mary Smith, an 80-year-old woman in Amityville, New York recently attempted to deposit a more than $200,000 check at a Chase Bank ATM. However, the bank did…

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SVB Financial Group appoints restructuring committee for subsidiaries

March 15, 2023

SVB Financial Group has appointed a restricting committee of five directors to look at alternatives for both the holding company and its capital and securities…

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SVB, Signature Bank collapse raises questions

by Bradley Cooper — Editor, Connect Media

The collapses of SVB and Signature Bank have raised questions about the economy, the banking system, cryptocurrency and how banks should respond.

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Dolphin Debit Access partners with Cornerstone to offer ATM, ITM-as-a-service

March 14, 2023

Cornerstone Resources, a financial services provider, has partnered with Dolphin Debit Access, an ATM and ITM management company, to offer credit unions an ATM…

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Bank of America invests in Black founders

March 14, 2023

The Bank of America will invest in the Black Founders Matter Fund, a venture based in Portland, Oregon that focuses on investing in Black-owned businesses…

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Regulators seize Signature Bank, SVP Bank following collapse

March 14, 2023

Signature Bank collapsed earlier this week due to customers withdrawing more than $10 billion in deposits, which was in turn driven by the collapse of Silicon…

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