News
South State Bank to close 5 SC branches
August 12, 2020
South State Bank plans to close five South Carolina branches and 14 additional branches across its network in an effort to cut expenses after a $2.3 billion…
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NY’s Five Star Bank consolidating branches
August 12, 2020
Five Star Bank is consolidating six branches in upstate, New York, due to a decline in customers using in-person services.
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Survey: 60% of Americans using touchless payments to avoid cash
August 12, 2020
More than half, 54%, of Americans are worried about touching currency and coins due to the ongoing COVID-19 pandemic, and 60% plan to use touchless payments…
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Citizen's Bank offers customers 'curbside banking'
August 11, 2020
Citizens Bank in Florence, S.C. is offering customers a new way to get banking documents signed without getting out of the car: call-ahead curbside bank…
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National Bank of Oman offers cardless ATM transactions
August 11, 2020
To meet the needs and concerns of its customers in the Middle East, the National Bank of Oman has added cardless ATM transactions to its digital banking and…
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BOA's ATMs out of cash in Orange County
August 11, 2020
A surge in unemployed individuals using Bank of America's ATMs to withdraw unemployment payments have left several of those ATMs out of cash.
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Payment Alliance International acquires Cash-N-Go ATMs
August 11, 2020
Payment Alliance International, Inc., a provider of ATM portfolio management tools and services, has acquired Cash-N-Go ATM Network Inc., a subsidiary of…
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CF completes integration with Chemical
August 10, 2020
Chemical Bank may have completed its $3.6 billion merger with Detroit-based TCF Financial Corp. last year, but it just had the last of its 200 remaining…
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Capital Bank upgrades digital banking platform
August 10, 2020
Capital Bank, N.A., based in Rockville, Maryland, has upgraded its digital banking platform to offer more options for customers. In particular, the platform…
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An ATM that takes the cake
August 10, 2020
Buddy Valastro, owner of Carlo's Bake Shop, in Hoboken, New Jersey, and featured on TLC's reality show, Cake Boss, has unveiled a cake ATM express kiosk in…
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Germany orders all unauthorized bitcoin ATMs to cease operation
August 10, 2020
A crackdown on all unauthorized and unlicensed bitcoin ATMs is underway by Germany's Federal Financial Supervisory Authority, or BaFin, the agency responsible…
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Research reveals customers like ADTs
August 10, 2020
Customer demand is the top reason banks should be deploying automated terminals or self-service terminals, according to a RBR study.
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PA's First Commonwealth Bank closing 29 locations
August 7, 2020
The First Commonwealth Bank in Leechburg, Pennsylvania, will close its doors December 11, along with 28 other branches in the state, including Tarentum…
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US Mint urges consumers to use exact change to relieve coin shortage
August 7, 2020
The United States Mint is issuing a public service announcement asking citizens to use exact change to relieve the nation's coin shortage.
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CIMA introduces its AST9000 Teller Cash Recycler
August 6, 2020
Cash Handling America has launched a high-capacity teller cash recycler, the AST9000, for the banking industry.
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August 6, 2020
Several Bank of America customers in North Carolina were shocked Wednesday when their accounts showed a $0 balance. Multiple customers tried reaching out to…
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KIC names Antony Harris to head European operations
August 6, 2020
Antony Harris KIC, a provider of technology cleaning solutions, has appointed Antony Harris as head of European operations, according to a press…
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August 6, 2020
Hyosung America has created a distribution model to serve regional and community financial institutions. It consists of three channels to market, including a…
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PayPal hires Wells Fargo’s SVP Peggy Mangot for venture capital team
August 5, 2020
PayPal has hired Peggy Mangot, a Wells Fargo former senior vice president, to its venture capital team.
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Payment speed top of mind for business owners
August 5, 2020
Although small business owners have increased their technology spend in the past two years, 39% said they still spent at least five hours per week dealing with…
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