US banks holding onto more cash

September 5, 2023

U.S. banks are holding onto larger stockpiles of cash due to uncertain economic conditions, including deposit outflows and potentially stronger liquidity…

Alipay+ partners with Payment Networks for tourist digital payments

September 5, 2023

Alipay+ has partnered with Payment Networks Malaysia Sdn Bhd and Ant Group to enable travelers to Malaysia to use cashless payments while in the country. Users…

Bayview intros insurance asset management business

September 5, 2023

Bayview Asset Management, an investment management company, has introduced its Insurance Asset Management business, which will be led by CIO Nancy Mueller…

Hashkey Exchange launches in Hong Kong

September 1, 2023

Hashkey Exchange, a retail cryptocurrency exchange, has launched in Hong Kong. It will act as a regulated business under the Securities and Futures Commission…

Pennsylvania police investigating hotel ATM theft

September 1, 2023

Pennsylvania police are on the lookout for two men who allegedly stole an ATM from Four Points Sheraton Hotel in York County, according to a report by ABC 27.

NCR to install ATMs in Barcelona Airport

September 1, 2023

NCR Corp. will install 14 Cashzone-branded ATMs at Josep Tarradellas Barcelona-El Prat Airport in Spain to provide passengers access to cash, according to a…

Bitcoin Depot expands in Iowa, Louisiana

August 31, 2023

Bitcoin Depot, a U.S.-based bitcoin ATM operator and fintech company, has expanded its BDCheckout program into Iowa and Louisiana through its partnership with…

Wescom Credit Union to merge with Central Coast Federal Credit Union

August 31, 2023

Wescom Credit Union, based in Southern California, announced a merger agreement with Monterey County, California-based Central Coast Federal Credit Union in…

Bank of America ATM technician robbed in Washington

August 31, 2023

The Clark County, Washington Sheriff's Office is investigating a robbery at a Bank of America, where two men allegedly stole a large amount of money from a…

ATM fees hit high of $4.73

August 30, 2023

The average fee for out-of-network ATMs reached an all time high this year of $4.73, surpassing the previous high of $4.72, according to a report by Bankrate.

Visa, Mastercard set to raise credit card fees

August 30, 2023

Visa and Mastercard are planning to raise fees merchants pay when accepting credit cards, according to a report in The Wall Street Journal carried by msn.com.

Citi intros Relationship Tiers for retail banking

August 30, 2023

Citi's U.S. Retail Bank has introduced Relationship Tiers for simplified banking. With Relationship Tiers, customers can access a variety of services such as…

Peoples Bank partners with Corserv for credit card program

August 30, 2023

Peoples Bank, based in Ohio, partnered with Corserv to implement its credit card program for its customers. With this program, the bank can offer 14 different…

SEBA Bank receives approval-in principle for virtual assets in Hong Kong

August 30, 2023

The Securities and Futures Commission in Hong Kong has given approval-in-principle to SEBA Bank to provide virtual assets services in the region. Once it gains…

How banks can meet small business needs

by Bradley Cooper — Editor, Connect Media

How can banks help small businesses with lending and cash flow while also delivering individualized experiences?

Diebold Nixdorf expands cash recycler series

August 29, 2023

Diebold Nixdorf has expanded its DN Series of cash recyclers with the 600V and 430V models. The 600V is for in-branch use while the 430V is for outdoors…

Cash logistics market to grow by more than $20B

August 29, 2023

The cash logistics market is expected to increase by $20.26 billion from 2022 to 2027, according to research by Technavio. It will also grow at a compound…

Maryland police on lookout for 7-Eleven ATM smasher

August 29, 2023

Maryland police are on the lookout for a suspect who allegedly smashed an ATM at a 7-Eleven in Hyattsville, according to a report by ABC 7.

FDIC to vote on stricter rules on regional bank dissolution

August 29, 2023

The Federal Deposit Insurance Corp. will vote on a variety of proposals to ensure regional banks with more than $100 billion in assets can be dissolved safely…

Transforming ATM Networks with Modern Cash Management System

There is a lot of pressure to protect free access to cash in the community. However, as we know, there is a cost to handling cash that banks and ATM operators…