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News & Media

Bank visibility is key in determining branch closings

August 3, 2020

As the aftereffects of the pandemic across the country come to light, bank customers may find branches that were temporarily closed may not reopen depending on…

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Cash: Stop beating it up and promote its cost-effectiveness instead

by Daryl Cornell — President & CEO, Triton Systems of Delaware, LLC

With the onset of COVID-19, discussions on whether or not cash was safe to use appeared regularly in media outlets and on websites. Concerned, consumers and…

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Maui to sue Bank of America over broken promise to native Hawaiians

July 31, 2020

Maui County plans to sue Bank of America for allegedly failing to make good on a 1994 promise to make $150 million in home loans to native Hawaiians.

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Yotta helps bank customers save money, win prizes

July 31, 2020

Yotta Savings is a prize-linked savings account program designed to help Americans become more financially secure by bringing an element of fun to saving money.

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CIMA debuts its most advanced Teller Cash Recycler, the AST9000

July 2020-- CIMA Cash Handling America has launched the AST9000, the most advanced, highcapacity teller cash recycler (TCR) in its popular family of products…

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Hyosung introduces ATM disinfection upgrades

July 30, 2020

Due to the COVID-19 pandemic public demand for safety and cleanliness is essential. With that in mind, ATM manufacturer, Hyosung America, is introducing…

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Diebold Nixdorf earnings beat Q2 estimates

July 30, 2020

Despite global economic concerns due to the coronavirus pandemic, Diebold Nixdorf reported earnings improved in the second quarter, which was driven by the…

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US Bank deploys smart assistant to boost digital banking

by David Jones — Editor, Networld Media Group

US Bank is deploying natural language processing and AI-based technology to move more of its retail banking business onto the mobile banking app.

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Deutsche Bank improves carbon footprint, ends fracking

July 28, 2020

Deutsche Bank is taking steps to reducing its carbon footprint and contributions to climate change and will no longer fund oil or new energy projects in the…

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Bay Bank to open first branch on Menominee Reservation

July 28, 2020

Wisconsin-based Bay Bank, which has two branch locations in Wisconsin as well as several ATMs owned by the Oneida Nation, will open a branch on the Menominee…

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Groundbreaking research to be presented at Self-Service Innovation Virtual Summit

July 28, 2020

E.J. Kritz How can self-service meet changing customer needs?

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PayPal-backed Raise Marketplace launches Slide

July 27, 2020

Raise Marketplace, a Chicago-based firm that offers the Raise gift card app, has launched Slide, a new mobile payments app with a 4% rewards feature and an…

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TNS offers retailers EMV compliant connectivity solutions

July 27, 2020

With card schemes on board with the new April 2021 deadline for EMV compliance, convenience retailers can get more out of their automated fuel dispenser…

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Who is that masked man and has he been mandated to wear that mask?

by Pat Shea — Editor, NetworldMedia

Face masks are mandatory now at many retail stores and restaurants as a defense against contracting the coronavirus. But for banks, mandating masks can be a…

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UMB targets fintechs for its ‘Banking as a Service'

July 24, 2020

UMB Bank, a subsidiary of UMB Financial Corp. is launching a phased approach to its Banking as a Service program which targets fintechs throughout the U.S.

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Burroughs Discusses TransacTec™ - The Future of Transaction Technology

"Transactec, the Future of Transaction Technology," sponsored by Burroughs, explores the future of transaction technology. Elliot Maras, editor of Kiosk…

Presented by Burroughs, Inc.

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Orange launches digital banking in Ivory Coast

July 24, 2020

Orange, a French telecommunications provider, is launching its mobile banking operations on the Ivory Coast, making it the third country after France and Spain…

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Citcon to offer plug-ins connecting merchants with Alipay, WeChat Pay, UnionPay

July 24, 2020

Citcon, a Santa Clara, California-based payments platform that helps merchants accept mobile wallets, will introduce a set of plug-ins built for e-commerce…

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Samsung officially launches co-branded SoFi account

July 23, 2020

Samsung Electronics America Inc. said that U.S. consumers can now officially sign up and join Samsung Money by SoFi, a mobile money management account launched…

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'Superman29’ pleads guilty to laundering millions using bitcoin ATMs

July 23, 2020

Kais Mohammad, aka "Superman29," will plead guilty to federal charges of money laundering, operating an unlicensed money transmitting business and failure to…

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