Bitlocus partners with Striga for crypto-enabled debit card

May 16, 2022

Bitlocus, a fintech company, has partnered with Striga, crypto-native banking-as-a-service platform provider, to offer a cryptocurrency-enabled debit card.

Popular Bank appoints retail lead

May 16, 2022

Popular Bank, a subsidiary of Popular Inc. with more 39 branches in the U.S.., has appointed Bertha Rozier to serve as SVP of retail banking and US…

Arvest Bank brings on chief product and strategy officer

May 13, 2022

Arvest Bank, a community bank based in Arkansas, Missouri, Kansas and Oklahoma, has appointed Richard Pulliam to serve as chief product and strategy officer.

Advanced Fraud Solutions appoints VP of strategic partnerships

May 13, 2022

Advanced Fraud Solutions, a payments fraud detection software company, has appointed Jordan Bothwell to serve as VP of strategic partnerships. AFS has recently…

Webinar examines cash automation, recycling

by Bradley Cooper — Editor, Connect Media

A webinar examined how banks can cut costs and increase efficiency by adopting cash automation and recycling technologies.

Cash automation: Top trends and tips for a successful cash recycling strategy

Despite the growing demand for digital, cash supply remains a major and mandatory part of banks' day-to-day operations. And the fact of the matter is, maximum…

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Seattle credit union investigating possible ATM hack

May 12, 2022

Boeing Employees Credit Union, based in Seattle, Washington, is currently investigating whether its ATMs were hacked by criminals, according to a report by…

Bentley University now accepts cryptocurrency tuition payments

May 12, 2022

Bentley University, based in Waltham, Massachusetts, is now accepting cryptocurrency for tuition payments. It is working with Coinbase to accept bitcoin…

Banorte joins UN initiative to offer banking to refugees in Mexico

May 11, 2022

Grupo Financiero Banorte, the largest financial institution in Mexico, has joined a United Nations' program to offer digital bank accounts to refugees in…

Brink's truck driver charged with stealing $1M from ATMs

May 11, 2022

A Brink's truck driver named Reginald Carman has been charged with stealing more than a $1 million from 24 ATMs in Michigan. He allegedly put the cash in his…

Diebold Nixdorf reports challenging Q1 2022 results, revises FY outlook

May 10, 2022

Diebold Nixdorf Inc. reported sales and earnings declines for Q1 2022 over the prior year period, driven by the global pandemic, war in Ukraine, rising…

What's it like to sell bitcoin at a Bitcoin ATM?

by Bradley Cooper — Editor, Connect Media

Recently, I did a series of stories that reviewed Bitcoin ATMs, specifically what the experience of buying bitcoin at these devices was like; however, I had…

Bitcoin of America launches website redesign

May 10, 2022

Bitcoin of America, a virtual currency exchange and Bitcoin ATM provider, has launched a redesigned website and blog. The company aims to provide a better user…

Western banks brace for $10B loss due to pullout from Russia

May 10, 2022

As banks across the Western world prepare to leave Russia due to the ongoing conflict in Ukraine, they are also bracing for large losses. In fact, these banks…

Western Union partners with UK post office for cross-border money transfers

May 9, 2022

Western Union is expanding its partnership with the UK Post Office to offer retail cross-border money transfers. Customers can send money to family and friends…

Truist inks acquisition of gamified finance mobile app Long Game

May 9, 2022

Truist Financial Corp. has officially acquired Long Game, a gamified finance mobile app. This app uses games to improve financial literacy and drive account…

ATM Testing Software Best Practice: Virtualization - (Part 1)

Virtualization technology has evolved significantly from where it started back in the 1960’s when IBM first created “virtual machines” on their mainframes as a…

Remote notarization delivers branch transformation

by Bradley Cooper — Editor, Connect Media

It's no surprise that bank branches have had to make adjustments and add new services due to constantly changing circumstances. One such service is remote…

Encompass appoints CRO

May 6, 2022

Encompass Corp., a know-your-customer solutions provider, has appointed Steve Hadaway to serve as chief revenue officer. Prior to joining Encompass, Hadaway…

German bank launches bitcoin cold wallet solution

May 6, 2022

Raiffeisen Volksbank Bayern Mitte, a German bank, recently partnered with the Austria State Printing House to deliver a bitcoin cold wallet. All of its…