News
Chinese authorities crush depositor protest following bank asset freeze
July 12, 2022
Chinese authorities crushed a peaceful protest by hundreds of bank customers in the city of Zhengzhou. The protestors were aiming to get back their life…
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CoinZoom to integrate Visa Direct to send crypt funds
July 12, 2022
CoinZoom, a cryptocurrency exchange and fintech company, has teamed up with Visa to integrate Visa Direct, a real-time push payments network, to allow…
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Diebold Nixdorf executive to exit under cost cutting initiative
July 11, 2022
The departure of Ulrich Näher, Diebold Nixdorf Inc.'s chief commercial officer, is part of a shift to a leaner business model, a spokesperson for the company…
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Killer of Maryland ATM operator still at large a year later
July 11, 2022
Kenneth Gerstley, 58, sales VP for ATM Enterprises, was shot in January 2021 while servicing an ATM in West Baltimore, Maryland. However, his killer still…
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Chase intros website to promote electric vehicle tools, resources
July 11, 2022
Chase has launched a website called Electric Vehicle Education Center to provide information for customers on purchasing electric and hybrid vehicles. The…
read nowBMO Harris Bank to reduce fees for consumers, businesses
July 8, 2022
BMO Harris Bank is eliminating non-sufficient funds and overdraft transfer fees. In addition, the bank will cut overall overdraft fees to $15 per occurrence…
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MioTech expands operations in Southeast Asia
July 8, 2022
MioTech, a sustainability solutions provider for the financial industry, has expanded its operations into Southeast Asia by opening an office in Singapore. It…
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Cash logistics market to reach $15B
July 7, 2022
The cash logistics market is expected to reach $15.84 billion from 2020 to 2025, growing at a compound annual growth rate of 10% according to a press release…
read nowBank of London partners with SAP Fioneer for transaction banking, clearing
July 7, 2022
The Bank of London has partnered with SAP Fioneer, a financial services software provider, to offer an integrated global clearing and transaction banking…
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FinCEN clarifies banks' risk based approach for independent ATMs
July 6, 2022
The Financial Crimes Enforcement Network of the U.S. Department of Treasury has issued a statement to provide clarity to banks on how to apply a risk-based…
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Bitcoin Depot intros BDCheckout to load cash onto digital wallets
July 6, 2022
Bitcoin Depot, a Bitcoin ATM operator, has launched BDCheckout, which allows customers to put cash onto their digital wallets, and then use to purchase…
read nowFifth Third meets stress capital buffer requirement
July 6, 2022
Fifth Third Bancorp. has released its indicative stress capital buffer requirement, which is currently at the minimum level of 2.5%, according to a press…
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Cryptera secures PCI 6 certification for encrypting PIN pads
July 6, 2022
Cryptera, a provider of encypting PIN pads to the kiosk, ATM and fuel pump industries, has received international certification from PCI Payment Card Industry…
read nowTexas police on lookout for alleged ATM armed robber
July 5, 2022
Beaumont, Texas law enforcement officials are on the lookout for Mikale Rashad Bolton, who is accused of multiple armed robberies, including a customer at an…
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Facebook parent Meta to shut down Novi cryptocurrency wallet
July 5, 2022
Meta, the parent company of Facebook, is shutting the Novi cryptocurrency wallet in September. The company introduced the wallet in June 2019 to hold its Libra…
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Veritas Capital cited as possible NCR suitor
July 1, 2022
Veritas Capital, a private equity firm, is among the players taking a look at acquiring NCR Corp., according to a Deal Reporter report cited by Seeking Alpha.
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Marquette Bank awards 60 scholarships to students
July 1, 2022
Marquette Bank, a Chicago-based bank, has awarded individual scholarships of $2,500 to 60 graduating seniors. School guidance counselors and principals…
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Southern First Bank opens headquarters in Greenville, South Carolina
July 1, 2022
Southern First Bank has opened its corporate headquarters in Greenville, South Carolina. This location will offer ITMs, which will provide video banking for…
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Bipartisan Senate effort introduces bill for cash payment choice
June 30, 2022
U.S. Senators Bob Menedez (D-New Jersey) and Kevin Cramer (R-North Dakota) have reintroduced the Payment Choice Act, which would ensure retail organizations…
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First National Bank delivers ITMs, financial education to Slippery Rock University
June 30, 2022
First National Bank, a subsidiary of F.N.B. Corp., has partnered with Slippery Rock University in Pennsylvania to deliver banking services and financial…
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In business for more than three decades, Lock America, Inc. of Corona,CA develops, manufactures and markets high security locks for various industries, including amusement, gaming, information management, fuel distribution and self-storage.
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