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Bank of America to redeem senior notes

July 14, 2022

Bank of America will redeem $1.5 billion of the principal amount of its 2.86% fixed/floating rate senior notes on July 21, according to a press release.

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Citi to deliver improved account management

July 14, 2022

Citi is partnering with Saphyre, a fintech company, to provide better account opening and management services.

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BMO Harris boosts minimum wage to $20 an hour

July 14, 2022

BMO Harris Bank is increasing its minimum wage for all full and part-time branch and Customer Contact Center employees to $20 an hour beginning on Aug. 7.

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Midflorida Credit Union partners with Upstart for personal loans

July 13, 2022

Midflorida Credit Union, has partnered with Upstart, an AI lending platform, to offer personal loans to Floridians, according to a press release.

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Wells Fargo brings on CEO of consumer lending

July 13, 2022

Wells Fargo has appointed Kleber Santos as CEO of consumer lending. In the role, Santos will lead the entire consumer lending business including home, auto…

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Hyosung to integrate cash-to-crypto services to app store

July 13, 2022

Hyosung America has partnered with DigitalMint to add its cash-to-cryptocurrency services to Hyosung's upcoming API-based app store. DigitalMint enables…

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Star Financial Services intros merchant program for ATM deployers

July 12, 2022

Candace Jordan Star Financial Services Inc., an ATM and merchant services provider, has introduced its Merchant Services Program for ATM deployers.

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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…

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BMO 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…

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Bank 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…

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Fifth 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…

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