News & Media
Jiko acquires bank to deploy money platform
September 4, 2020
Jiko Group, Inc. has completed its acquisition of Mid-Central National Bank, formerly Mid-Central Federal Savings Bank, headquartered in Wadena, Minnesota
read now
Let the buyer be aware: keep your supplier in the loop
by Pat Shea — Editor, NetworldMedia
How important is your supplier relationship? When it come to paying suppliers, especially in today's current economy, many business owners don't always look…
read now
Remote work may outlast the pandemic for banks, credit unions
September 3, 2020
Working remotely during the pandemic was initially supposed to be a short-term solution to a temporary problem, however, some banks and credit unions have no…
read now
PNC, Visa release B2C "Direct to Debit" card
September 3, 2020
PC Treasury Management is expandingits payment offerings to include "Direct to debit" card or push payment service. This option routes payments directly to…
read now
LamasaTech releases APIs to allow integration with its Zentron temperature range
September 3, 2020
LamasaTech has unveiled the first beta release of its APIs which allow powerful integration with its Zentron temperature kiosk range, according to a press…
read now
iPhone morphs into a SmarTrip Metro card
September 2, 2020
As the Washington D.C. Metro transit authority faces declines in ridership and revenue given the pandemic, it is striving to lure riders with a unique…
read now
ATM security surveillance technology combats attacks
September 2, 2020
Smart Technologies is adapting its system of cost-effective sensors, pressure pads, tags, beams and cameras to specifically address the increase in ATM attacks…
read now
Monzo dials up fees to reduce ATM costs
September 2, 2020
London-based fintech Monzo is about to hit its 4.4 million account holders with a 3% charge for ATM withdrawals over £250 (US $335) per month and a £5 fee (US…
read now
ICX Summit postponed till June 2021
September 2, 2020
The Interactive Customer Experience Summit has been postponed until June 2, 2021 due to travel restrictions related to COVID-19. The rescheduled event will…
read now
Credit card fraud is on the rise — are your customers safe?
by Greg Mahnken — Credit Industry Analyst, Credit Card Insider
Greg Mahnken is a Credit Industry Analyst for Credit Card Insider and covers important topics such as fraud, security and responsible card use. With the rise…
read now
First US install of CIMA CashUp software deployed at federal credit union
September 1, 2020
Vita Lansworth, an entity of Vita Lansworth Enterprise Solutions, is the U.S. Distributor for CIMA Teller Cash Recyclers and has announced that 1166 Federal…
read now
Woodforest National Bank celebrates 40 years with branch openings
September 1, 2020
Alabama-based Woodforest National Bank has opened two branches, one located in Foley, Alabama, and the other in Birmingham. Both branches will offer a range of…
read now
Consumer Bureau examines pandemic impact on credit
September 1, 2020
The Consumer Financial Protection Bureau has issued a report examining the early effects of the COVID-19 pandemic on consumer credit.
read now
North Korea denies ATM hacking scheme
August 31, 2020
North Korean authorities are publicly denying the U.S. government's claim the country is involved in a financial cybercrime campaign targeting international…
read now
Banks plan layoffs as costs emerge and crisis ends
August 31, 2020
During the peak of the pandemic, several top executives at U.S. banks, including Morgan Stanley and Bank of America, pledged not to cut jobs in 2020 because, …
read now
Midland States Bancorp sells commercial FHA platform, retains servicing business
August 31, 2020
Midland States Bancorp, Inc. has completed the sale of its commercial FHA origination platform to Dwight Capital, a New York-based mortgage banking firm.
read now
What every company should know about a data breach
by Pat Shea — Editor, NetworldMedia
A data breach is not only inconvenient and frustrating for a company, but it can cost in revenue dollars and customer trust. How prepared is your company…
read now
Black-led bank merge creates $1B institution
August 28, 2020
Black-led City First Bank and Broadway Federal Bank have recently merged, creating the largest minority-owned depository institution in the U.S. with assets in…
read now
Malware attacks SEPTA, employee info, bank accounts, possibly compromised
August 28, 2020
Personal information pertaining to SEPTA's roughly 9,300 employees might have been compromised during a malware attack that has affected the Philadelphia…
read now
Brazil's BV bank resumes IPO process
August 28, 2020
Brazil's Banco Votorantim has relaunched its plan to list on the São Paulo stock exchange through an initial offer of stock after halting the process in March…
read now
