News
UK's G4S cash-handling division cutting 1,150 jobs
July 13, 2020
British private security and cash handling company, G4S, is planning to cut as many as 1,150 U.K. jobs in an effort to cut costs, according a report from…
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Wells Fargo to cut thousands of jobs
July 10, 2020
Wells Fargo is planning to cut thousands of jobs starting later this year, according to a report in the New York Post.
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Railsbank launches in US, lands Unifimoney for card platform
July 10, 2020
Railsbank, a London-based open banking platform, has expanded into the U.S. market, landing San Francisco-based neobank Unifimoney as its first major customer.
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Live webinar: Assessing COVID-19 impact on customer interaction, satisfaction
by Pat Shea — Editor, NetworldMedia
July 9, 2020
ATM will host a live webinar July 16 on exploring how COVID-19 is impacting customer satisfaction and the way they perceive and interact with a preferred…
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Baltimore ATM thefts on the rise
July 9, 2020
ATM thefts are increasing in Baltimore and authorities believe it's due to the "low-risk and high-reward" of the crime, according to a report by Fox News.
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Coronavirus surge closes Bank of America branches
July 9, 2020
Bank of America has temporarily closed some branches in California and Florida due to a resurgence of the coronavirus in those states.
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Advantech launches thermal screening system
July 9, 2020
Advantech, a provider IoT intelligence systems and embedded platforms, has launched its visitor thermal screening system as part of its AI-based infection…
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Senators introduce bill to require cash acceptance
July 9, 2020
U.S. Senators Kevin Cramer, R-North Dakota and Bob Menendez, D-N.J., Senate Banking Committee members, have introduced the Payment Choice Act, S.4145, a…
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Dolphin Debit partners with Tennessee Credit Union League
July 8, 2020
Dolphin Debit, a full-service ATM management company, is partnering with the Tennessee Credit Union League to offer ATM support and help manage the league's…
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HSBC cutting global banking jobs in France
July 7, 2020
HSBC France will be cutting 38%, or 255 of 678 jobs, within its French global banking and markets unit by end of 2021. The cuts are part of a broad strategy to…
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Malicious malware causes havoc among currency app users
July 7, 2020
The Cerberus Trojan, a malicious malware attached to a Spanish currency calculator, bypassed Google's security barriers and infected users that downloaded the…
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BBVA to begin reopening bank lobbies
July 6, 2020
BBVA USA will begin reopening lobby access at bank branches that were closed in March due to the COVID-19 pandemic.
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USA Technologies names general counsel and interim CFO
July 6, 2020
USA Technologies, a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, has named…
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Indianapolis ATM service charging flat rate, clients keep customer surcharges
July 3, 2020
Access Point ATM in Indianapolis, Indiana, is giving its business clients a new option to save and earn money by letting clients keep all the ATM transaction…
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Goldman Sachs says wear your mask
July 3, 2020
Goldman Sachs believes a national mask mandate in the U.S. is needed to lower the possibility of COVID-19 infections and such a mandate would lead to a…
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PPP loan application extended to August pending president’s approval
July 2, 2020
Companies that haven't taken advantage of the Paycheck Protection Program are likely to have until Aug. 8 to apply, thanks to a Senate vote to extend the…
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CashTarget turns collections into 'game'
July 2, 2020
Sidetrade, an artificial intelligence money collection platform, has launched CashTarget, a game feature to help collection teams stay positive when collecting…
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Madeline McWhinney, first female Fed Reserve Bank officer, dies at 98
July 2, 2020
Madeline McWhinney, who served as the first female officer of the Federal Reserve Bank in 1960, has died at the age of 98 at home in Red Bank, New Jersey.
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Hyosung America launches new ATM distribution model
July 1, 2020
Hyosung America, the largest provider of ATMs in the U.S. market, has launched a new distribution model to better serve regional and community banks and credit…
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