News
Arvest Bank brings on chief product and strategy officer
May 13, 2022
Arvest Bank, a community bank based in Arkansas, Missouri, Kansas and Oklahoma, has appointed Richard Pulliam to serve as chief product and strategy officer.
read nowAdvanced Fraud Solutions appoints VP of strategic partnerships
May 13, 2022
Advanced Fraud Solutions, a payments fraud detection software company, has appointed Jordan Bothwell to serve as VP of strategic partnerships. AFS has recently…
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Seattle credit union investigating possible ATM hack
May 12, 2022
Boeing Employees Credit Union, based in Seattle, Washington, is currently investigating whether its ATMs were hacked by criminals, according to a report by…
read nowBentley University now accepts cryptocurrency tuition payments
May 12, 2022
Bentley University, based in Waltham, Massachusetts, is now accepting cryptocurrency for tuition payments. It is working with Coinbase to accept bitcoin…
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Banorte joins UN initiative to offer banking to refugees in Mexico
May 11, 2022
Grupo Financiero Banorte, the largest financial institution in Mexico, has joined a United Nations' program to offer digital bank accounts to refugees in…
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Brink's truck driver charged with stealing $1M from ATMs
May 11, 2022
A Brink's truck driver named Reginald Carman has been charged with stealing more than a $1 million from 24 ATMs in Michigan. He allegedly put the cash in his…
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Diebold Nixdorf reports challenging Q1 2022 results, revises FY outlook
May 10, 2022
Diebold Nixdorf Inc. reported sales and earnings declines for Q1 2022 over the prior year period, driven by the global pandemic, war in Ukraine, rising…
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Bitcoin of America launches website redesign
May 10, 2022
Bitcoin of America, a virtual currency exchange and Bitcoin ATM provider, has launched a redesigned website and blog. The company aims to provide a better user…
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Western banks brace for $10B loss due to pullout from Russia
May 10, 2022
As banks across the Western world prepare to leave Russia due to the ongoing conflict in Ukraine, they are also bracing for large losses. In fact, these banks…
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Western Union partners with UK post office for cross-border money transfers
May 9, 2022
Western Union is expanding its partnership with the UK Post Office to offer retail cross-border money transfers. Customers can send money to family and friends…
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Truist inks acquisition of gamified finance mobile app Long Game
May 9, 2022
Truist Financial Corp. has officially acquired Long Game, a gamified finance mobile app. This app uses games to improve financial literacy and drive account…
read nowEncompass appoints CRO
May 6, 2022
Encompass Corp., a know-your-customer solutions provider, has appointed Steve Hadaway to serve as chief revenue officer. Prior to joining Encompass, Hadaway…
read nowGerman bank launches bitcoin cold wallet solution
May 6, 2022
Raiffeisen Volksbank Bayern Mitte, a German bank, recently partnered with the Austria State Printing House to deliver a bitcoin cold wallet. All of its…
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KeyBank to eliminate non-sufficient fund fees, reduce overdraft fees
May 5, 2022
KeyBank has announced it will eliminate non-sufficient fund fees and reduce overdraft fees. In particular, the bank won't charge overdraft fees for negative…
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Amrotec acquires patent for money counting, disinfection
May 5, 2022
Amrotec, a trademark of Amro-Asian Trade Inc., has acquired US Patent 11,321,988 for counting, denominating, sorting and then disinfecting currency with UV-C…
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Illinois police on lookout for ATM, gaming machine theft
May 4, 2022
Springfield, Illinois, police are on the lookout for an individual who allegedly stole money from an ATM and gaming machines at Strike and Spare West…
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KeyBank intros small business financial health tool
May 4, 2022
KeyBank recently introduced its Small Business Check-in tool, which allows businesses to see where they stand financially as well as examine goals and find new…
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BitNile to launch bitcoin lending platform
May 3, 2022
Holding company BitNile has announced it will offer up to $100 million in commercial loans through bitcoin. It will work through its subsidiary Digital Power…
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Switzerland to consider changing banking secrecy laws due to UN pressure
May 3, 2022
The Swiss government is currently considering whether to change banking secrecy laws due to pressure from UN officials, who argue that these laws allow account…
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Mexican Senate deploys ChainBytes' Bitcoin ATM
May 2, 2022
ChainBytes, a Bitcoin ATM manufacturer, recently deployed a Bitcoin ATM on the floor of the Mexican Senate in Mexico City. Senator Indira Kempis worked with…
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