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News & Media

Webinar examines cash automation, recycling

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

A webinar examined how banks can cut costs and increase efficiency by adopting cash automation and recycling technologies.

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Seattle credit union investigating possible ATM hack

May 12, 2022

Boeing Employees Credit Union, based in Seattle, Washington, is currently investigating whether its ATMs were hacked by criminals, according to a report by…

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Bentley University now accepts cryptocurrency tuition payments

May 12, 2022

Bentley University, based in Waltham, Massachusetts, is now accepting cryptocurrency for tuition payments. It is working with Coinbase to accept bitcoin…

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Banorte joins UN initiative to offer banking to refugees in Mexico

May 11, 2022

Grupo Financiero Banorte, the largest financial institution in Mexico, has joined a United Nations' program to offer digital bank accounts to refugees in…

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Brink's truck driver charged with stealing $1M from ATMs

May 11, 2022

A Brink's truck driver named Reginald Carman has been charged with stealing more than a $1 million from 24 ATMs in Michigan. He allegedly put the cash in his…

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Diebold Nixdorf reports challenging Q1 2022 results, revises FY outlook

May 10, 2022

Diebold Nixdorf Inc. reported sales and earnings declines for Q1 2022 over the prior year period, driven by the global pandemic, war in Ukraine, rising…

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What's it like to sell bitcoin at a Bitcoin ATM?

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Recently, I did a series of stories that reviewed Bitcoin ATMs, specifically what the experience of buying bitcoin at these devices was like; however, I had…

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Bitcoin of America launches website redesign

May 10, 2022

Bitcoin of America, a virtual currency exchange and Bitcoin ATM provider, has launched a redesigned website and blog. The company aims to provide a better user…

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Western banks brace for $10B loss due to pullout from Russia

May 10, 2022

As banks across the Western world prepare to leave Russia due to the ongoing conflict in Ukraine, they are also bracing for large losses. In fact, these banks…

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Western Union partners with UK post office for cross-border money transfers

May 9, 2022

Western Union is expanding its partnership with the UK Post Office to offer retail cross-border money transfers. Customers can send money to family and friends…

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Truist inks acquisition of gamified finance mobile app Long Game

May 9, 2022

Truist Financial Corp. has officially acquired Long Game, a gamified finance mobile app. This app uses games to improve financial literacy and drive account…

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Remote notarization delivers branch transformation

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

It's no surprise that bank branches have had to make adjustments and add new services due to constantly changing circumstances. One such service is remote…

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Encompass appoints CRO

May 6, 2022

Encompass Corp., a know-your-customer solutions provider, has appointed Steve Hadaway to serve as chief revenue officer. Prior to joining Encompass, Hadaway…

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German bank launches bitcoin cold wallet solution

May 6, 2022

Raiffeisen Volksbank Bayern Mitte, a German bank, recently partnered with the Austria State Printing House to deliver a bitcoin cold wallet. All of its…

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KeyBank to eliminate non-sufficient fund fees, reduce overdraft fees

May 5, 2022

KeyBank has announced it will eliminate non-sufficient fund fees and reduce overdraft fees. In particular, the bank won't charge overdraft fees for negative…

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Amrotec acquires patent for money counting, disinfection

May 5, 2022

Amrotec, a trademark of Amro-Asian Trade Inc., has acquired US Patent 11,321,988 for counting, denominating, sorting and then disinfecting currency with UV-C…

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Illinois police on lookout for ATM, gaming machine theft

May 4, 2022

Springfield, Illinois, police are on the lookout for an individual who allegedly stole money from an ATM and gaming machines at Strike and Spare West…

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KeyBank intros small business financial health tool

May 4, 2022

KeyBank recently introduced its Small Business Check-in tool, which allows businesses to see where they stand financially as well as examine goals and find new…

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ICX Association announces finalists for Elevate Awards

by Morgan Petty — Executive Director, ICX Association

The finalists for this year's Elevate Awards feature innovators in kiosks, customer experience, omnichannel experience and more.

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BitNile to launch bitcoin lending platform

May 3, 2022

Holding company BitNile has announced it will offer up to $100 million in commercial loans through bitcoin. It will work through its subsidiary Digital Power…

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