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News & Media

Keybank donates $347K to Maine nonprofits

January 5, 2024

Keybank made 21 donations totaling $347,000 to several nonprofit organizations in Maine. The donations focus on homelessness, food insecurity, financial…

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NCR Atleos to manage Security Bank of Kansas City's ATMs, ITMs

January 5, 2024

NCR Atleos Corp. will provide ATM and ITM-as-a-service for the Security Bank of Kansas City. It will provide maintenance and management for the devices…

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Ex-police officer makes $12M with ATM side business

January 5, 2024

Paul Alex, a former police officer in San Francisco, made $12 million dollars after starting an ATM side job in 2018. He first entered this space after…

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Police on lookout for ATM thief in Missouri

January 5, 2024

Police are on the lookout for a man who allegedly broke into an ATM on Dec. 22 at Arvest Bank in Springfield, Missouri. He used a crowbar to break into the ATM…

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ATM stolen from Missouri bar

January 4, 2024

A thief stole an ATM from a bar in Jefferson County, Missouri following a break in. A man broke in through the front door of 21 Rock Bar and Grill, took the…

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CFG Bank gains $125M investment

January 4, 2024

Capital Funding Bancorp Inc., the holding company for CFG Bank based in Baltimore, gained a $125 million investment form J.C. Flowers & Co. LLC, a private…

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Banks saw nearly 62K job cuts in 2023

January 3, 2024

Big banks cut 61,905 jobs in 2023, the biggest amount since the global financial crisis of 2007 to 2008 which saw more than 140,000 jobs lost. Many banks cut…

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Fifth Third Bank earns high score on Human Rights Campaign CEI

January 3, 2024

Fifth Third Bancorp earned a 100 score on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index, which analyzes practices in regards to…

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Valley National Bank appoints COO

January 3, 2024

Valley National Bank, a subsidiary of Valley National Bancorp., has promoted Russell Barrett to EVP and COO. He previously served as chief transformation…

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Retail banking in 2024: What to expect

by Mark Aldred — Head of Sales, Auriga

2024 will be another major year of change and challenge for retail banks.

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Bank of Baroda intros savings account for students

January 2, 2024

Bank of Baroda, based in India, released the bob BRO Savings Account for students from 16- to 25-years old. The account has no minimum balance requirement and…

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Bitcoin ATMs down by 11% year-over-year

January 2, 2024

Bitcoin ATMs have declined by 11.1% year-over-year. On Jan. 1st, 2024, the total number of bitcoin ATMs stood at 33,638, down from 37,827 on Jan. 1 2023…

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Bitcoin ATM operator Margo gains $16M in funds

January 2, 2024

Chicago Atlantic delivered a $16 million secured term loan to Margo, a cryptocurrency ATM operator. With this investment, Margo will expand its bitcoin ATM…

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Philadelphia transit to stop accepting payment tokens in January

December 29, 2023

Philadelphia buses and trolleys will no longer accept payment tokens on Jan. 1, when users will be required to pay with "travel wallets," according to a…

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Police on lookout for ATM skimmers in Tennessee

December 29, 2023

Police are on the lookout for suspects who allegedly installed a skimming device on an ATM at a Navy Federal Credit Union branch in Clarksville, Tennessee. A…

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Unionpay partners with Trip.com to offer payments options for travelers

December 29, 2023

Unionpay International partnered with Trip.com, an online travel agency, to provide improved payment options for Unionpay cardholders. Unionpay online payment…

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Chase to offer 5% cash back at grocery stores through Freedom card

December 28, 2023

Chase Freedom announced its Freedom and Freedom Flex cardholders will now gain 5% cash back at select grocery stores, gyms and spas as part of its category…

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5 men in Utah arrested for allegedly stealing from ATM

December 28, 2023

Police have arrested five men in southern Utah for allegedly stealing from a Wells Fargo ATM during a repair. When a serviceman was working on the ATM, two…

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HawaiiUSA Federal Credit Union renews partnership with Cuso Financial Services

December 27, 2023

HawaiiUSA Federal Credit Union has renewed its partnership with Cuso Financial Services, a subsidiary of Atria Wealth Solutions Inc., to continue to provide…

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Unionpay International selects BankservAfrica for South African card payments

December 27, 2023

Unionpay International selected BankservAfrica, a payments clearing house in Africa, as its domestic processor for card payments in South Africa.

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