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News & Media

Hyosung Innovue intros cash recycling ATM series

July 25, 2023

Hyosung Innovue has expanded its Cajera Series of cash recycling ATMs with the Cajera Pivot Series. This series includes three ATMs, which can handle cash-in…

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Banking experience: 3 simple tips to improve

by Bradley Cooper — Editor, Connect Media

What are some practical tips to improve banking experience? You can measure customer's attitudes, create comfortable spaces and take all your channels into…

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Thieves steal $600K from Caribbean ATM

July 25, 2023

Thieves stole $600,000 from an ATM in St. James, Trinidad and Tobago in the Caribbean. Security officials noticed the software of an RBC Royal Bank ATM had…

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FDIC calls out banks for incorrect uninsured deposit statements

July 25, 2023

The Federal Deposit Insurance Corp. has called out banks for containing incorrect data on financial statements. The statements showed lower uninsured deposits…

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Regions appoints board member

July 25, 2023

Regions Financial Corp. has appointed Alison Rand to its board, including its subsidiary Regions Bank. Her term will begin officially on Oct. 1, according to a…

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NCR unveils names for 2 independent companies: Voyix and Atleos

July 24, 2023

NCR Corp. has unveiled the names for the two independent, publicly traded companies that will form after its planned separation, expected in the fourth quarter…

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Lake Michigan Credit Union partners with Total Expert to improve member engagement

July 24, 2023

Lake Michigan Credit Union, based in western Michigan, has partnered with customer engagement platform provider Total Expert to deliver personalized engagement…

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CSI enables instant payments through FedNow

July 24, 2023

CSI, a fintech solutions provider, announced its payments solution is live on the Federal Reserve's FedNow service. FedNow is a payment infrastructure, which…

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Citizens appoints head of enterprise payments

July 21, 2023

Citizens Financial Group Inc. has appointed Taira Hall to serve as head of enterprise payments. She will report to Beth Johnson, vice chair and chief…

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Federal Reserve intros instant payment service

July 21, 2023

The U.S. Federal Reserve has launched an instant payment service called FedNow, which aims to allow Americans to send and receive funds in seconds. This…

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Red Link migrates ATM network to Diebold Nixdorf

July 21, 2023

Red Link, an ATM network operator in Argentina, has transferred 90% of is network to Diebold Nixdorf's DN Series ATM. This series offers a variety of…

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Don't count cash out just yet

by Bradley Cooper — Editor, Connect Media

Cash is dead right? Not so fast! The Federal Reserve found the average amount of cash held in an adult's pocket, purse or wallet went up in 2023.

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Clair raises $175M for early pay solution

July 20, 2023

Clair, a fintech, has raised $175 million to introduce its on-demand pay solution to allow workers to gain wage advances from its national banking partner…

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Greek court sentences ATM skimmers to 10 years

July 20, 2023

A court in Thessaloniki, Greece, has sentenced two men to 10 years in prison for taking part in an ATM skimming scheme that involved stealing stole data of at…

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Genesis Coin to add more than 5,700 crypto ATMs from CoinCloud

July 19, 2023

Genesis Coin, a bitcoin ATM software provider, has acquired 5,700 cryptocurrency ATMs from CoinCloud, which filed for Chapter 11 bankruptcy protection in…

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Union Credit intros credit union marketplace

July 19, 2023

Union Credit, a credit offer provider, has introduced a marketplace to allow credit unions to offer one-click credit offers to customers at the point-of…

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Vermont thief steals ATM with excavator

July 19, 2023

Police in Weathersfield, Vermont are on the lookout for a suspect who allegedly used an orange excavator machine to break through a wall of the Downers Four…

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Big banks post healthy profits following SVB collapse

July 19, 2023

Big banks have begun releasing earnings this quarter, and so far have seen healthy profit margins despite the collapse of Silicon Valley Bank, Signature Bank…

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How APIs can improve banking security

by Bradley Cooper — Editor, Connect Media

Screen scraping is a major security issue for banks. By replacing this practice with APIs, banks can eliminate this issue and improve customer experience.

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Bank customers report rise in sudden account closures

July 18, 2023

Many bank customers are reporting their accounts are being shut down without warning, and when they attempt to get an explanation, they have little success.

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