Pandemic to test Bank of Canada’s inflation expectations

August 26, 2020

The economic fallout from the COVID-19 pandemic will determine Canadians' faith in the Bank of Canada's ability to keep to a 2% inflation target, according to…

Three reasons why retail consumers use Bitcoin

by Marc Grens — Founder & President, Digital Mint

Bitcoin has been a part of the financial marketplace for some time and has grown in popularity, especially amongst millennials and the unbanked. Marc Gren…

Cash or cashless: The flaws in today’s payments debate

Cash and digital payments don’t have to be mutually exclusive; this is not a zero-sum game as the two payment options can exist together.

JPMorgan, postal service discussions ingnite ICBA to demand transparency

August 25, 2020

The Independent Community Bankers of America is asking for an investigation regarding reports the U.S. Postal Service is mulling an exclusive agreement with…

Town Square creating brand identity for Armaguard ATM network

August 25, 2020

Town Square, a full-service advertising agency in Melbourne, Australia, is creating a brand identity for the introduction of the Armaguard Group's ATM network.

SBI introduces doorstep ATM service

August 25, 2020

The State Bank of India is debuting a mobile facility it's calling "the doorstep ATM" to service customers at home, especially the elderly and those with…

Bank of America Mobile app gives customer $2.45 Billion

August 24, 2020

A Bank of America customer in Massachusetts checked his account to discover the bank had made a serious error and deposited $2.45 billion into his account. The…

Charlotte bank retires brand, gets new name

August 24, 2020

The NewDominion Bank brand, once a popular community bank in Charlotte, North Carolina, has changed its name, and related signage, to Park National brand, the…

Kotak Mahindra Bank launches cardless cash withdrawal

August 24, 2020

Kotak Mahindra Bank of India is launching cardless cash withdrawal through its ATMs.

First Midwest Bancorp declares dividends

August 24, 2020

First Midwest Bancorp, Inc.'s board of directors has declared a quarterly cash dividend of $0.14 per share on the bank's common stock payable on October 6…

#NewNormal: Reshaping Banking in the Post-Covid Era

The current pandemic’s impact on individuals and organisations within the banking sector is ever evolving. It has been predicted that the economic environment…

Got sanitizing products?

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Sanitization and safety are key for banks and ATM operators as they face creating extensive and comprehensive cleaning and disinfecting routines to keep the…

Diebold, NCR combat ATM deposit fraud, deploy software updates

August 21, 2020

Diebold Nixdorf and NCR are deploying software updates for ATMs impacted by deposit forgery.

TD Bank to pay $122M in CFPB settlement

August 21, 2020

TD Bank is being ordered to pay $97 million in restitution to approximately 1.42 million consumers, as well as a $25 million civil penalty to the Consumer…

US Bank launches BMW credit cards

August 21, 2020

BMW aficionados can show brand loyalty and earn accelerated rewards for purchases made with one of four BMW Mastercards from U.S. Bank, including: BMW World…

Crane Credit Union buying Our Community Bank

August 20, 2020

Crane's Credit Union in Odon, Indiana, plans to buy Our Community Bank in Spencer, Indiana, for approximately $13 million in cash. The bank has 21 employees…

Cardtronics to manage Triodos Bank’s ATM network

August 20, 2020

ATM owner/operator Cardtronics will begin managing of Spain's Triodos Bank's ATM network beginning this month, as part of an outsourcing agreement between the…

Provident merges with SB One Bank, appoints leadership team

August 20, 2020

New Jersey-based Provident Bank is appointing key leadership roles following its merger with SB One Bank.

Moov Financial raises $5.5m for open source banking platform

August 19, 2020

Moov Financial, the Iowa-based startup that creates open-source infrastructure making it is easier for businesses to send, receive and store money for their…

California Bank of Commerce adds SVPs to growing team

August 19, 2020

The California Bank of Commerce is adding two financial banking veterans, Ryan Mauser and Dana Swanson, to its expanding team.