News
Danske Bank to use recycled materials to replace plastic payments cards
October 29, 2020
Danske Bank is planning to phase out all of its existing payment cards and replacing them them with cards made from 86% recycled plastic, according to a report…
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HSBC to revamp business model
October 28, 2020
Hong Kong-based HSBC Holdings is launching and overhaul of its business model, seeking to change its main source of income from interest rate to fee-based…
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Navy Federal Credit Union fraudster faces sentencing
October 28, 2020
Romanian immigrant, Aurel Eremia, is scheduled to be sentenced for his involvement in the 2014 Navy Federal Credit Union ATM skimming scheme, according to a…
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Equity Bancshares acquires Almena State Bank
October 27, 2020
Wichita-based Equity Bank has announced the acquisition of Almena State Bank with a purchase and assumption agreement facilitated by the Federal Deposit…
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Paramount acquires First Regents Banc Services
October 27, 2020
The Paramount Management Group has acquired First Regents Banc Services and Equipment, an independent ATM deployer based in Franklin, Tennessee. The…
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LibertyX turns ATM cash into bitcoin
October 27, 2020
LibertyX has announced its software can enable customers to buy and sell bitcoin at 5,000 ATMs, according to a press release.
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USA Technologies upgrades ePort to accept EMV contact and contactless payments
October 26, 2020
USA Technologies Inc., a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, has…
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Fans have a cashless experience at the 2020 World Series
October 26, 2020
The Texas Rangers and Reverse ATM are providing a cash-free experience for fans at Globe Life Field during the 2020 World Series.
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Bank of Ireland cuts post office ATMs
October 26, 2020
The Bank of Ireland is cutting approximately 600 ATMs housed in post office branches causing concern for cash access in small communities. There are currently…
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BoA installs nation's first solar ATM
October 23, 2020
Bank of America has installed the nation's first solar-powered remote ATM in Woodbridge, Virginia. The drive-up ATM is located at 14527 Jefferson Davis Highway…
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2 "masked bandits" break into a Chase branch
October 23, 2020
A Chase bank customer had stopped into a Redwood City, Calif. branch at approximately 7:30 a.m. to use the ATM when something caught his eye within the lobby…
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ATM fees lowest for first time in 15 years
October 23, 2020
Out-of-network ATM fees are the lowest they have been in 15 years, with the average rate falling from $4.72 to $4.64, according to a Bankrate study cited in a…
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First Horizon Bank moves digital banking platform to NCR
October 22, 2020
First Horizon Bank has launched its NCR D3 digital platform and the technology will help the bank expand self-service capabilities and offer a more efficient…
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Deutsche Bank in talks to sell Postbank IT
October 22, 2020
Deutsche Bank is in discussion with Tats Consultancy Services over the possible sale of its Postbank IT systems unit and the transfer of 1,400 staffers to the…
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JPMorgan joins the rank of fintechs
October 21, 2020
JPMorgan Chase & Co. recently entered the fintech ring, sharing space with players such as PayPal, Square and Fiserv.
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Truliant FCU & Diebold Nixdorf expand ATM partnership
October 21, 2020
Truliant Federal Credit Union announced a significant expansion with its ATM partner of 20 years, Diebold Nixdorf. The credit union has implemented Diebold…
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U.S. Bank to close 400 branches, reports robust digital engagement
October 20, 2020
U.S. Bank will close 400 branches by early next year, an announcement that coincides with the bank's Q3 2020 earnings report.
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First National Bank & Trust to close all bank lobbies again
October 20, 2020
Without specifically mentioning the state's recent surge in coronavirus cases, Michigan-based First National Bank & Trust has closed the bank lobbies at…
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European banks set for better earnings season
October 19, 2020
European banks are gearing up to report third-quarter earnings and analysts are expecting reductions in loan loss provisions to drive stabilization.
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Creating cash agad partners helps unbanked in the Philippines
October 19, 2020
Cash Agad is a service provided by the Philippine bank, BDO, to give those in rural, far flung or unbanked communities access to banking and ATMs, according to…
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