First Entertainment Credit Union appoints CEO, president

April 22, 2022

First Entertainment Credit Union, a union for the entertainment industry, has appointed Stephen Owen as its president and CEO effective May 9. Prior to joining…

Police arrest 4 men for alleged jackpotting scheme

April 22, 2022

Oklahoma City police recently arrested four men for allegedly jackpotting an ATM. Police found computer equipment, magnetic strip cards and other tools used in…

What's driving the Bitcoin ATM explosion?

by Bradley Cooper — Editor, Connect Media

It's almost impossible not to notice just how ubiquitous Bitcoin ATMs have become this year. I've seen them in places ranging from gas stations to used game…

Record number of Bitcoin ATMs installed in March

April 21, 2022

March was a big month for Bitcoin ATMs, as deployers installed 686 devices that month. This was a daily total of 22 Bitcoin ATMs, according to a report by…

Mortgage Connect inks acquisition of Adfitech

April 21, 2022

Mortgage Connect LP, a mortgage services provider, has officially acquired Adfitech Inc., a third-party review firm for mortgage services. The company plans to…

Wells Fargo partners with Operation Hope for financial inclusion effort

April 20, 2022

Wells Fargo recently partnered with Operation Hope Inc., a non-profit for underserved communities, to introduce Hope Inside centers to serve 150 Wells Fargo…

Strike integrates with Shopify to enable bitcoin payments to merchants

April 20, 2022

Strike, a digital payments platform built on the Bitcoin Lightning Network, recently partnered with Shopify to allow its merchants to receive bitcoin payments…

Smart safes improve security, cash availability

by Bradley Cooper — Editor, Connect Media

Handling cash can be a major challenge for banks and businesses alike. For businesses, they have to count it, keep it safe and at times take a trip to a bank…

Bitcoin ATM operator faces indictment for tax evasion, fraud

April 19, 2022

Robert Taylor, a Bitcoin ATM operator based in New York City, was recently indicted for "operating an illegal bitcoin ATM business that he marketed towards…

Woman receives 70 fraudulent Chase credit cards issued to strangers

April 19, 2022

A woman named Tina Kumar in Hayward, California, recently received 70 Chase credit cards in the mail, all issued to strangers and linked to her credit card…

Chase to offer vehicle charging stations at select branches

April 18, 2022

Chase plans to offer vehicle charging stations across 50 of its U.S. branches this summer, with the plan to deploy to 400 additional branches by the end of…

Fifth Third appoints CEO

April 18, 2022

Fifth Third Bancorp recently announced that Tim Spence will serve as CEO effective July 5. He will take over for Greg Carmichael, who will serve as executive…

2 reasons to attend the Bank Customer Experience Summit

by Bradley Cooper — Editor, Connect Media

The Bank Customer Experience Summit will provide key insights into banking trends and networking opportunities for attendees.

PNC intros minority business development group

April 14, 2022

PNC Bank has introduced its minority business development group to develop products, solutions and resources for the minority-owned businesses. Marshalynn…

Fifth Third to eliminate non-sufficient fund fees

April 14, 2022

Fifth Third Bank recently announced that as of June 23rd, it will eliminate all non-sufficient fund fees for all accounts, according to a press release.

Chase extends partnership with Amazon for rewards credit card

April 13, 2022

Chase recently signed a multi-year extension with Amazon for the co-branded Amazon Prime Rewards Visa Signature credit card. The card offers 5% back on all…

FCTI appoints Peter Kulik as VP of technology

April 13, 2022

FCTI Inc., an ATM solutions provider, has hired Peter Kulik as VP of technology. In this role, Kulik will oversee the hardware and software of the company's…

Bitcoin ATM operators to benefit from pending Florida legislation

In a move that is sure to please owners of Bitcoin ATMs, Florida legislators have voted to clarify the state's position on cryptocurrency sales. This means…

Discover intros Cashback Debit account with early paycheck access

April 12, 2022

Discover recently introduced its Cashback Debit account with features such as early access to paychecks two days in advance and rewards with up to 1% cash back…

Data Mynt integrates bitcoin for payments

April 12, 2022

Data Mynt, a cryptocurrency payments products provider, recently enabled bitcoin payments. With this solution, Data Mynt's merchants and partners can accept…