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News & Media

How should banks use AI?

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

How should banks use AI? Will it replace employees?

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Bitcoin ATMs fall by 17% globally

October 20, 2023

The number of bitcoin ATMs in circulation has fallen by 7,000 since the end of 2022 to 32,500, a 17% drop, according to a report by Coindesk.

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RockItCoin acquires FirstCoin ATM, Phoenix Crypto

October 20, 2023

RockItCoin, a bitcoin ATM provider, has acquired FirstCoin ATM and Phoenix Crypto, adding 78 ATMs to its network of more than 2,000 locations in the U.S.…

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SECU launches 4th annual Kindness Campaign

October 20, 2023

SECU, the largest state-chartered credit union in Maryland, has launched its fourth annual Kindness Campaign, which aims to inspire 500,000 acts of kindness…

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Texas man receives sentence for stealing from ATMs

October 20, 2023

A man from Bowie, County, Texas has been sentenced to 18 months in federal prison for stealing from multiple ATMs in the area. He stole $127,654 from one ATM…

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New York Attorney General sues Genesis for defrauding $1B

October 19, 2023

New York Attorney General Letitia James filed a lawsuit against Genesis Global and its parent Digital Currency Group and Gemini for defrauding investors of…

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Simmons Bank opens branch in St. Louis

October 19, 2023

Simmons Bank opened a branch in St. Louis, Missouri with a drive-thru and an ATM that can accept deposits. The bank worked with the Urban League of…

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Keybank opens branch in Utah, celebrates with food trucks

October 19, 2023

Keybank opened a branch in West Valley City, Utah, with a grand opening ceremony to be held from Oct. 20 to 21. The event will feature food trucks, giveaways…

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Federal Bank earns top spot for women employees in India

October 18, 2023

Federal Bank has earned a top spot for India's Best Workplaces for Women 2023 study. With a gender ratio of 41%, it was the only bank to make the list…

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Citi completes trades on Hong Kong Synapse platform

October 18, 2023

Citi Securities Services completed a trade settlement for China Asset Management on Hong Kong Exchanges and Clearing Ltd.'s Synapse platform. Citi is the first…

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Bell ATM Services appoints CEO

October 17, 2023

Bell ATM Services, a sales and repair company for ATMs, kiosks and other devices, has appointed Dustin Fusillo as CEO. He takes over for Emo Pentermann…

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Former Chase, Barclays exec banned from UK banking for Epstein ties

October 17, 2023

James Staley, former CEO of Barclays and executive at JPMorgan Chase, has been banned from holding senior roles in U.K. financials services for failing to…

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Revolutionizing self-service: A peek into the future at the ICX Summit

by Daniel Brown — Editor, Networld Media Group

A panel of industry experts convened to discuss this and strategies for businesses during this year’s Interactive Customer Experience Summit in Charlotte…

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NCR completes separation into two companies

October 17, 2023

NCR Corp. completed its separation into two companies, NCR Atleos and NCR Voyix, which will focus on ATMs and digital commerce, respectively. Atleos is…

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Texas Regional Bank acquires Smith-Reagan Insurance

October 17, 2023

Texas Regional Bank has acquired Smith-Reagan Insurance, a commercial insurance services provider in Cameron County, Texas. This is part of the bank's strategy…

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Terrapay partners with Bancolombia for cross-border remittances

October 17, 2023

Terrapay, a global payments network, partnered with Bancolombia, a remittances company in Columbia, to offer cross-border transfers for residents to send money…

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Surveillance captures ATM rip and go at Charlotte, North Carolina gas station

October 16, 2023

Cameras caught thieves ripping an ATM out of a Charlottee, North Carolina gas station with a U-Haul truck. The individuals broke into the gas station and…

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Newzip partners with SECU to deliver better mortgages

October 16, 2023

Newzip, a real estate solutions company, partnered with State Employee's Credit Union of Maryland to deliver its agent mashing and cash reward platform to…

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NCR CEO Michael Hayford retiring

October 16, 2023

NCR Corp. announced that Michael D. Hayford will retire from his role of CEO following the separation of NCR into Atleos, focused on ATMs, and Voyix, focused…

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How Will a 'Cash-Free' Future Impact Test Conditions for ATMs?

by By Steve Gilde, director market engagement, Paragon Application Systems, Anamaria Burnete — Digital Marketing Specialist, Paragon Application Systems

The concept of a cash-free (or cashless) society has been around for decades. But with the digital-payments penetration reaching 89 percent in 2022, and with…

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