Crypto.com shuts down US institutional services

June 12, 2023

Crypto.com, a cryptocurrency exchange will shut down its institutional services for U.S. customers in less than two weeks. The company claims the decision is…

Mastercard partners with Fabrick for open embedded finance

June 12, 2023

Fabrick, an open finance company, has partnered with Mastercard to deliver embedded finance solutions to aid businesses, financial institutions and fintechs in…

Hancock Whitney Bank, FHLB Dallas award more than $250K for disaster relief

June 12, 2023

Hancock Whitney Bank and the Federal Home Loan Bank of Dallas have donated more than $253,00 in Disaster Rebuilding Assistance funds to Rebuilding New Orleans.

Why banks should embrace remote work, especially for payment testing

Financial organizations can benefit dramatically from offering flexible work options to their employees.

Five Star Bank to expand into San Francisco

June 9, 2023

Five Star Bancorp and its subsidiary, Five Star Bank, are planning to expand into San Francisco California. DJ Kurtze, San Francisco Bay president at Five Star…

Bank of America, Apple execs join Chargebacks911

June 9, 2023

Chargebacks911 and Fi911, a chargeback management technology company, has appointed Guy Harris as chairman and Eric M. Hoffman as president of interbank…

Illinois police arrest 3 on suspicion of dozens of ATM smash and grabs

June 9, 2023

Sparta and Waterloo, Illinois police recently arrested three people they believe are involved in a string of more than 30 ATM smash and grab attacks in Iowa…

Binance halts dollar deposits following SEC lawsuit

June 9, 2023

Binance, a cryptocurrency exchange, will stop U.S. dollar deposits following news of the lawsuit from the U.S. Securities and Exchange Commission. The exchange…

Bank of America Institute finds Americans continue to move to sun belt cities for housing

June 8, 2023

The Bank of America Institute has found domestic migration within the U.S. is following pandemic trends of increasing movement to sun belt cities such as Tampa…

CUSO Financial Services partners with Clearview Federal Credit Union

June 8, 2023

CUSO Financial Services, a broker dealer, insurance and investment solutions subsidiary of Atria Wealth Solutions, has partnered with southwestern…

Discover appoints board member

June 7, 2023

Discover Financial Services appointed Daniela O'Leary-Gill to its board of directors. She previously served as COO of BMO U.S. for BMO Financial Group and as a…

Bankjoy intros business banking platform

June 7, 2023

Bankjoy, a digital banking solutions provider, introduced Business Banking 2.0, which offers products and services for banks and credit unions to reach…

Trial begins for murder at ATM

June 7, 2023

The trial for three men in Grand Rapids, Michigan accused of murdering a man at an ATM began on June 6.

Consumer Financial Protection Bureau finds issues with bank chatbots

June 7, 2023

The Consumer Financial Protection Bureau has discovered issues with bank chatbots after numerous complaints from customers that included inaccurate information…

Why cash recycling can pay off for banks

by Bradley Cooper — Editor, Connect Media

Cash recycling is a relatively recent development for ATMs, which raises the question of whether it is actually a good investment that can save time and money…

Bitcoin ATMs see growth after 4 month decrease

June 6, 2023

Bitcoin ATMs saw a net increase of 1,397 in May, reversing a four month decline. From January to April, there was a net decrease of 5,850 machines, according…

Skin care, makeup company Clarins integrates Alipay+

June 6, 2023

Clarins, a skin care and makeup company, has integrated the digital payments solution Alipay+ to allow Asian consumers to pay via QR code at its locations in…

Jack Henry partners with Platinum Federal Credit Union for financial health initiative

June 6, 2023

Jack Henry has partnered with Georgia-based Platinum Federal Credit Union to help improve member's financial health through tools such as its Symitar platform.

SEC sues Coinbase, Binance

June 6, 2023

The Securities and Exchange Commission has sued Coinbase and Binance in back-to-back lawsuits. With Coinbase, the SEC claims it was acting as an unregistered…

Real-time payments market to reach $96.2B in Asia

June 5, 2023

The real-time payments market in the Asia-Pacific region will grow from $49.2 billion in 2022 to $96.2 billion by 2027, with a compound annual growth rate of…