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News & Media

Vermont thief steals ATM with excavator

July 19, 2023

Police in Weathersfield, Vermont are on the lookout for a suspect who allegedly used an orange excavator machine to break through a wall of the Downers Four…

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Big banks post healthy profits following SVB collapse

July 19, 2023

Big banks have begun releasing earnings this quarter, and so far have seen healthy profit margins despite the collapse of Silicon Valley Bank, Signature Bank…

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How APIs can improve banking security

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

Screen scraping is a major security issue for banks. By replacing this practice with APIs, banks can eliminate this issue and improve customer experience.

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Bank customers report rise in sudden account closures

July 18, 2023

Many bank customers are reporting their accounts are being shut down without warning, and when they attempt to get an explanation, they have little success.

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Connectbase purchases $16M debt facility from Silicon Valley Bank

July 18, 2023

Connectbase, a cloud connectivity provider, has purchased a $16 million debit facility from Silicon Valley Bank. With this facility, it aims to expand its…

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3 ATMs stolen from Florida hotels

July 18, 2023

Police are on the lookout for the culprits who stole three ATMs from hotels in Jacksonville, Florida. The thefts at a Hampton Inn, a Courtyard by Marriott and…

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Temenos delivers payments hub to Convera

July 18, 2023

Temenos, an open platform banking solutions provider, has partnered with Convera, a non-bank B2B payments provider, to provide its software-as-a-service…

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Dave Wurm promoted to chief sales officer at Networld Media Group

July 17, 2023

Dave Wurm has been named chief sales officer for Networld Media Group, a B2B and B2C publisher of websites based in Louisville, Kentucky, according to a press…

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Thieves steal trucks, ATMs in North Carolina

July 17, 2023

The Person County, North Carolina Sheriff's department is looking for thieves who stole vehicles, money and keys from one business and an ATM from another…

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Bank of America chatbot Erica sees more than 1.5B interactions

July 17, 2023

Bank of America's chatbot Erica has had more than 1.5 billion interactions with customers since its launch in 2018. Customers in 2023 have used Erica 33…

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Bank Customer Experience Summit to provide guidance on small business banking

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

Small businesses make up a huge portion of the economy but are many times overlooked by banks. How can banks resolve this issue and help small businesses…

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Service Credit Union intros scholarship for culinary arts

July 14, 2023

Service CU Impact Foundation, the non-profit charity arm of Service Credit Union, has announced a scholarship for students in the culinary arts. The foundation…

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Diebold Nixdorf establishes post-bankruptcy reorganization plan

July 14, 2023

The U.S. Bankruptcy Court in the Southern District of Texas has confirmed Diebold Nixdorf's reorganization plan of debt restructuring process, following its…

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KeyBank intros home ownership credit program

July 14, 2023

KeyBank has introduced its third special purpose credit program, called KeyBank Neighbors First Credit, which provides up to $5,000 to help home buyers…

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Founder of defunct crypto exchange Celsius Network arrested

July 13, 2023

Authorities have arrested Alexander Mashinsky, founder of defunct cryptocurrency exchange Celsius Network, on charges of misrepresenting the organization's…

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Man kills 2 alleged ATM robbers

July 13, 2023

A man shot and killed two people who were allegedly attempting to rob him at an ATM in San Antonio, Texas. He was confronted by the individuals while at the…

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Bank of Baroda intros electronic bank guarantee

July 13, 2023

Bank of Baroda, an Indian bank, has introduced Electroc Bank Gurantee on its digital BarodaINSTA platform through a partnership with National E-Governance…

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Bank of America fined for more than $250M for fake accounts, junk fees

July 12, 2023

The Consumer Financial Protection Bureau has ordered Bank of America to pay more than $250 million in fines and customer refunds for a variety of violations…

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Fintech software market to grow by more than 8%

July 12, 2023

The fintech software market will grow at a compound annual growth rate of 8.82% from 2023 to 2027, according to research from Technavio. The primary market…

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Member Access Processing to offer loyalty rewards

July 12, 2023

Member Access Processing, a prepaid, Visa DPS, debit, credit, ATM and mobile processing platform for credit unions, has added ampliFI Loyalty Solution's…

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