News
US agencies warn banks North Korean hacking operation is back
August 27, 2020
A joint advisory from the Cybersecurity and Infrastructure Security Agency, the Department of the Treasury, the Federal Bureau of Investigation and U.S. Cyber…
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CBA launches high-speed lending option for SMEs
August 27, 2020
The Commonwealth Bank of Australia has launched BizExpress Online, a high-speed lending system for small businesses, available through Netbank and the CommBank…
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Credit Suisse closing 37 branches in streamlineing effort
August 26, 2020
Swiss bank Credit Suisse plans to close 37 branches and cut jobs in its home country of Switzerland as part of an effort to streamline its business.
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Discover, Car IQ launch automotive fleet payments solution
August 26, 2020
Discover Financial Services and California-based financial technology startup, Car IQ, are partnering to create a payment platform for machine-initiated…
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Egypt’s Banque Misr to deploy ATMs at subway stations
August 26, 2020
Egypt's Banque Misr has signed an agreement with the Egyptian Metro Management and Operation company to deploy its ATM machines at all subway stations.
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Pandemic to test Bank of Canada’s inflation expectations
August 26, 2020
The economic fallout from the COVID-19 pandemic will determine Canadians' faith in the Bank of Canada's ability to keep to a 2% inflation target, according to…
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JPMorgan, postal service discussions ingnite ICBA to demand transparency
August 25, 2020
The Independent Community Bankers of America is asking for an investigation regarding reports the U.S. Postal Service is mulling an exclusive agreement with…
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Town Square creating brand identity for Armaguard ATM network
August 25, 2020
Town Square, a full-service advertising agency in Melbourne, Australia, is creating a brand identity for the introduction of the Armaguard Group's ATM network.
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SBI introduces doorstep ATM service
August 25, 2020
The State Bank of India is debuting a mobile facility it's calling "the doorstep ATM" to service customers at home, especially the elderly and those with…
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Bank of America Mobile app gives customer $2.45 Billion
August 24, 2020
A Bank of America customer in Massachusetts checked his account to discover the bank had made a serious error and deposited $2.45 billion into his account. The…
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Charlotte bank retires brand, gets new name
August 24, 2020
The NewDominion Bank brand, once a popular community bank in Charlotte, North Carolina, has changed its name, and related signage, to Park National brand, the…
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Kotak Mahindra Bank launches cardless cash withdrawal
August 24, 2020
Kotak Mahindra Bank of India is launching cardless cash withdrawal through its ATMs.
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First Midwest Bancorp declares dividends
August 24, 2020
First Midwest Bancorp, Inc.'s board of directors has declared a quarterly cash dividend of $0.14 per share on the bank's common stock payable on October 6…
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Diebold, NCR combat ATM deposit fraud, deploy software updates
August 21, 2020
Diebold Nixdorf and NCR are deploying software updates for ATMs impacted by deposit forgery.
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TD Bank to pay $122M in CFPB settlement
August 21, 2020
TD Bank is being ordered to pay $97 million in restitution to approximately 1.42 million consumers, as well as a $25 million civil penalty to the Consumer…
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US Bank launches BMW credit cards
August 21, 2020
BMW aficionados can show brand loyalty and earn accelerated rewards for purchases made with one of four BMW Mastercards from U.S. Bank, including: BMW World…
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Crane Credit Union buying Our Community Bank
August 20, 2020
Crane's Credit Union in Odon, Indiana, plans to buy Our Community Bank in Spencer, Indiana, for approximately $13 million in cash. The bank has 21 employees…
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Cardtronics to manage Triodos Bank’s ATM network
August 20, 2020
ATM owner/operator Cardtronics will begin managing of Spain's Triodos Bank's ATM network beginning this month, as part of an outsourcing agreement between the…
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Provident merges with SB One Bank, appoints leadership team
August 20, 2020
New Jersey-based Provident Bank is appointing key leadership roles following its merger with SB One Bank.
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Moov Financial raises $5.5m for open source banking platform
August 19, 2020
Moov Financial, the Iowa-based startup that creates open-source infrastructure making it is easier for businesses to send, receive and store money for their…
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