News & Media
Pandemic hurt UK ATM, cash use
August 13, 2020
U.K. ATM transactions fell 62% annually at the start of the coronavirus lockdown as customers transitioned to digital banking transactions.
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Bank branches in India fail security audit
August 13, 2020
A security audit of 126 bank branches and ATMs in India's Kaithal district reveals several branches failed to comply with police security guidelines.
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COVID-19 driving increase in digital payments in Singapore
August 12, 2020
Singapore residents are increasingly adopting digital payments due to the COVID-19 pandemic, according to a GlobalData report. The report estimates total card…
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In Germany, cash still rules
August 12, 2020
Although Germany has taken many health and safety precautions in light of the coronavirus, when it comes to payments, Germans still prefer cash rather than…
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South State Bank to close 5 SC branches
August 12, 2020
South State Bank plans to close five South Carolina branches and 14 additional branches across its network in an effort to cut expenses after a $2.3 billion…
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NY’s Five Star Bank consolidating branches
August 12, 2020
Five Star Bank is consolidating six branches in upstate, New York, due to a decline in customers using in-person services.
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Survey: 60% of Americans using touchless payments to avoid cash
August 12, 2020
More than half, 54%, of Americans are worried about touching currency and coins due to the ongoing COVID-19 pandemic, and 60% plan to use touchless payments…
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Ready, set, open? What financial institutions should consider as they open up to customers again
by Pat Shea — Editor, NetworldMedia
After months of discussions on how to operate following the coronavirus pandemic, many banks are starting to open lobbies to customers again. Before staff and…
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Citizen's Bank offers customers 'curbside banking'
August 11, 2020
Citizens Bank in Florence, S.C. is offering customers a new way to get banking documents signed without getting out of the car: call-ahead curbside bank…
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National Bank of Oman offers cardless ATM transactions
August 11, 2020
To meet the needs and concerns of its customers in the Middle East, the National Bank of Oman has added cardless ATM transactions to its digital banking and…
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BOA's ATMs out of cash in Orange County
August 11, 2020
A surge in unemployed individuals using Bank of America's ATMs to withdraw unemployment payments have left several of those ATMs out of cash.
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Payment Alliance International acquires Cash-N-Go ATMs
August 11, 2020
Payment Alliance International, Inc., a provider of ATM portfolio management tools and services, has acquired Cash-N-Go ATM Network Inc., a subsidiary of…
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CF completes integration with Chemical
August 10, 2020
Chemical Bank may have completed its $3.6 billion merger with Detroit-based TCF Financial Corp. last year, but it just had the last of its 200 remaining…
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Capital Bank upgrades digital banking platform
August 10, 2020
Capital Bank, N.A., based in Rockville, Maryland, has upgraded its digital banking platform to offer more options for customers. In particular, the platform…
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An ATM that takes the cake
August 10, 2020
Buddy Valastro, owner of Carlo's Bake Shop, in Hoboken, New Jersey, and featured on TLC's reality show, Cake Boss, has unveiled a cake ATM express kiosk in…
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Germany orders all unauthorized bitcoin ATMs to cease operation
August 10, 2020
A crackdown on all unauthorized and unlicensed bitcoin ATMs is underway by Germany's Federal Financial Supervisory Authority, or BaFin, the agency responsible…
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Research reveals customers like ADTs
August 10, 2020
Customer demand is the top reason banks should be deploying automated terminals or self-service terminals, according to a RBR study.
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Excuse me sir, but you have an ATM attached to your truck
by Pat Shea — Editor, NetworldMedia
An alarming amount of ATMs have been physically stolen from various locations across the country. What can the industry do to thwart these thefts?
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PA's First Commonwealth Bank closing 29 locations
August 7, 2020
The First Commonwealth Bank in Leechburg, Pennsylvania, will close its doors December 11, along with 28 other branches in the state, including Tarentum…
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US Mint urges consumers to use exact change to relieve coin shortage
August 7, 2020
The United States Mint is issuing a public service announcement asking citizens to use exact change to relieve the nation's coin shortage.
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