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State Farm exiting from banking: US Bank to take accounts

March 11, 2021

Bloomington Illinois-based insurance corporation, State Farm, has almost completed its transition away from banking a year after it announced that U.S. Bank…

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Romanian National ATM skimmer sentenced to 4 years in federal prison

March 11, 2021

A Romanian National was sentenced to federal prison on March 11 for his role in a bank fraud scheme using counterfeit credit and debit cards to withdraw money…

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Digital Yuan trials in Shanghai stores

March 11, 2021

The Bank of Communications and China Construction Bank conducted digital yuan trials at two major department stores in Shanghai from March 5-7. The trials were…

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Israeli bank, fintech join forces for development of mortgage operations

March 10, 2021

Leumi, one of Israel's leading banks, and Tarya Fintech, Israel's largest P2P lending company, have joined forces in a strategic initiative to develop and…

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Romanian merchants turn NFC phone into contactless POS terminal

March 10, 2021

Merchants in Romania can now accept contactless payments on their Android NFC smartphone or tablet using a software point of sale (sPOS) solution launched by…

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US Bitcoin ATMs up 177% in US

March 10, 2021

According to the latest data from Coin ATM Radar, worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020. The current number of…

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German bank to offer cryptocurrency services

March 9, 2021

Donner & Reuschel, a private bank in Germany, will soon be offering cryptocurrency buying and saving to its clients. The bank is planning to launch the…

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ATM Marketplace needs your input on industry survey

March 9, 2021

Physical attacks on ATMs is a growing problem, and ATM deployers need to be prepared to deal with potential attacks and have as much information as possible.

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Wells Fargo joins the financial crowd going green

March 9, 2021

Wells Fargo is joining the ranks of Goldman Sachs, Citigroup and JPMorgan Chase in revising its role when it comes to the environment.

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Flagstar Bank customer data, records breached in Accellion hack

March 8, 2021

Flagstar Bank was breached due to an Accellion software zero-day vulnerability. The bank, headquartered in Michigan, is a Flagstar Bancorp subsidiary and…

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Tesco Bank upgrades ATMs despite losses

March 8, 2021

Edinburgh-based Tesco Bank is renewing its ATM network despite the fact the city suffered the second biggest loss of cash dispensers in the U.K.

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Marks & Spencer moving M&S Bank online

March 5, 2021

Marks & Spencer Group PLC announced that M&S Bank will close its current accounts as the bank moves to focus on online and telecommunication services…

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Cornhusker Bank plans to close 2 Lincoln branches

March 5, 2021

Cornhusker Bank has announced plans to close two of its seven Lincoln, Nebraska branch locations on June 11. Barry Lockard, the bank's president and CEO, said…

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OnPoint community credit union to open in Fred Meyer stores

March 5, 2021

As part of the largest branch and service area expansion in its history, OnPoint Community Credit Union announced it will open four of 20 new branches in Fred…

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Drug traffickers are increasingly using Bitcoin ATMs to transfer funds

March 4, 2021

According to the U.S. Department of Justice's Drug Enforcement Administration, drug traffickers increasingly relied on crypto ATMs to conduct illegal money…

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Bombs in ATMs, an emerging threat for Americans

March 4, 2021

The Bureau of Alcohol, Tobacco, Firearms and Explosives in Pinal County, Arizona, has been training law enforcement on the "Raven's Challenge," a training…

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Mizuho ATM outage triggered by digital passbook shift

March 4, 2021

Mizuho Bank returned over 90% of the 5,244 cash cards and passbooks swallowed up by an ATM glitch last week. The reason for the glitch a bank spokesperson said…

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Metabase Q uncovers strain of ATM malware

March 3, 2021

Metabase Q Inc., a Latin American security organization TV announced the company's security research division, Ocelot, discovered a new variant of Ploutus, one…

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Mobile wallet transaction volumes overtake cash payments in stores

March 3, 2021

Worldpay from FIS released its Global Payments Report 2021 and the new research shows digital wallet payments at the POS is growing faster than those made by…

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Digital Cash Processing, Genmega partner to deliver next generation ATM functionality

March 3, 2021

Digital Cash Processing has partnered with ATM equipment manufacturer Genmega to provide ATM and kiosk deployers with a next generation, integrated processing…

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