News & Media
Union Bank selects Baker Hill for consumer loan origination
February 12, 2024
Union Bank, based in Vermont and New Hampshire, has partnered with fintech Baker Hill to leverage its NextGen solution for consumer lending and TruStage…
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Paramount Management Group acquires ATM provider Cypress Advantage
February 12, 2024
Paramount Management Group, an ATM solutions provider, has acquired Cypress Advantage, an independent ATM service provider in Washington. With this…
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Genesis Coin files lawsuit against AML Software, Bitcoin of America for alleged copyright infringement
February 12, 2024
Genesis Coin Inc. filed a lawsuit against AML Software Inc. and Bitcoin of America for allegedly copying software code for its user interface for ATMs. The…
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The importance of testing ATMs
by Anamaria Burnete — Digital Marketing Specialist, Paragon Application Systems
As financial services providers continue their digital transformation efforts, ATMs are becoming smarter, faster and more interconnected. In this context, the…
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Kenosha, Wisconsin police warn of bitcoin ATM scam
February 9, 2024
Police in Kenosha, Wisconsin have warned the public of a bitcoin ATM scam that is currently impacting the community. Scammers send texts to victims telling…
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Shields Business Solutions appoints EVP of sales
February 9, 2024
Shields Business Solutions, a ATM/ITM sales and service company, has appointed Kathleen Amadio as EVP of sales. She has spent 25 years in NCR's banking…
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Pinnacle Financial gains naming rights to Nashville Yards' music venue
February 8, 2024
Pinnacle Financial Partners signed a deal with Southwest Value Partners and AEG to gain naming rights for Nashville Yards' 4,500-capacity music venue. This…
read nowNovoPayment partners with Mastercard to provide Mexican payments
February 8, 2024
NovoPayment, a payments infrastructure provider, received certification for the Mastercard Network Enablement Partner program to process Mastercard…
read nowNational Bank of Coxsackie appoints SVP
February 7, 2024
The National Bank of Coxsackie, based in New York, has appointed Charlene Slemp to SVP and chief lending officer, according to a press release. She has served…
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Grupo Financiero Banorte intros digital bank in Mexico with ATM access
February 7, 2024
Grupo Financiero Banorte, a Mexican bank, has introduced bineo, a digital bank, authorized by the National Banking and Securities Commission. With this bank…
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Chase to open 500 branches, renovate 1,700
February 7, 2024
JPMorgan Chase announced a large branch network project which will consist of 500 new branches, renovations to 1,700 locations and 3,500 new employees over the…
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3 predictions for the ATM Industry in 2024
by Maya Fuentes — Senior Vice President, M&A Business Development, Paramount Management Group
The ATM industry is constantly evolving to meet the changing needs of consumers. Going into this new year, several key trends are expected to shape the future…
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Attempted ATM robbery in Illinois leads to high speed chase
February 6, 2024
Tuscola, Illinois police engaged in a high-speed chase after they responded to calls that someone was attempted to steal an ATM from a First-Mid Bank branch.
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Ventus to offer managed ATM services in EU
February 6, 2024
Ventus, a Digi company, launched its Managed Network-as-a-service ATM solution in the EU. It will provide its Ventus LC300 router alongside its processor…
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Wall Street concerned over possible regional bank crisis
February 6, 2024
In spring 2023, the banking sector was rocked by the collapse of multiple banks including Silicon Valley Bank and Signature Bank. Now Wall Street investors are…
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JCB to offer 10% cashback for US purchases
February 5, 2024
JCB International Credit Card Co. Ltd., the U.S. subsidiary of JCB Co. Ltd., is offering 10% cashback to JCB cardholders in Taiwan who make purchases in the…
read nowSan Francisco thieves fail to steal Bank of America ATM
February 5, 2024
A group of thieves attempted to steal a Bank of America ATM at a Safeway parking lot in San Francisco. Although they heavily damaged the machine, they were…
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JPMorgan Chase, Bank of America considering DocuSign buyout
February 2, 2024
JPMorgan Chase and Bank of America Corp. are currently considering raising $8 billion to purchase the e-signature company DocuSign Inc. Multiple equity firms…
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Comerica Bank to host prom dress drive
February 2, 2024
Comerica Bank will host its ninth annual North Texas Prom Dress Drive during the month of February. The donations will be sent to the Boys & Girls Club of…
read nowKeybank to deliver $50M in capital to community development banks
February 2, 2024
Keybank announced $50 million in deposits with six community development financial institutions and minority depository institutions, which include four-Black…
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