News
Feds modify growth restriction on Wells Fargo to support small business
April 8, 2020
The Federal Reserve Board will temporarily narrowly modify the growth restriction placed on Wells Fargo in February 2020 to allow the firm to provide…
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Crypto prepaid card lets users withdraw $2500 daily
April 8, 2020
Embily, a crypto company, has released a prepaid card that gives customers the ability to use the card anywhere that Mastercard is accepted.
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Citi expands COVID-19-related waivers, deferrals
April 7, 2020
Citi is launching a program to expand its COVID-19 assistance to retail customers and small businesses, beyond initial fee waivers announced in early March.
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Fifth Third Bank hiring 1,000 customer service agents amid surge in calls
April 7, 2020
Fifth Third Bank planst to hire 1,000 customer service employees in its retail branches, mortgage and operations, including its Cincinnati headquarters, as the…
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Confusion over PPP eases as Fed Reserve backs loans
April 7, 2020
With many businesses in the ATM industry racing to apply for funding through the Small Business Administration’s emergency loan program as their bills come…
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Social distancing gets help from Bitcoin Depot
April 6, 2020
Despite a constant barrage of media telling people across the country to practice social distancing due to the coronavirus pandemic, there are those people who…
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Wells Fargo hits cap on loans for SBA relief program
April 6, 2020
Small businesses banking with Wells Fargo and looking to the financial institution to help provide some of the $350 billion in emergency loans from the federal…
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CSI expands digital lending tools to help community banks process COVID relief loans
April 6, 2020
Computer Services Inc., a provider of core banking software and payment services, is debuting an enhanced set of digital lending tools to help community banks…
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Hyosung extends retail ATM warranties due to COVID-19
April 3, 2020
With ATM operators struggling to keep business on track when many of their retail clients have shut down due to COVID-19, Hyosung has stepped up to help. It's…
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In the field, ATM operators should carry DHS guidelines
April 3, 2020
As reported by ATM Marketplace, the Department of Homeland Security recently put out an Advisory indicating that ATM field workers qualify as "Essential…
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Paramount Partners, ViaClean work together to protect ATM fleet
April 2, 2020
Large scale ATM operator, Paramount Management Group, is working with ViaClean Technologies to disinfect and protect its fleet of ATMs across the country and…
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Cardtronics updates fiscal outlook due to COVID-19
April 1, 2020
As a result of the Corona-19 pandemic, which significantly impacted the markets it services, Cardtronics has announced it's withdrawing its financial outlook…
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Fed purchase of mortgage-backed securities causes concern for brokers
March 31, 2020
As financial institutions, credit unions and ATM operators try to determine how the coronavirus will affect their businesses in the future, the Federal Reserve…
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Diebold hosting webinar on banking best practices during COVID-19
March 31, 2020
Devon Watson, Diebold Nixdorf's chief marketing officer, will host a free webinar on how banks are responding to customers during COVID-19. The webinar, 1…
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HMBradley officially launches digital bank
March 30, 2020
HMBradley, a startup backed by PayPal Co-Founder Max Levchin, has officially launched its high yield digital banking platform after raising $3.5 million in…
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Nymbus automates COVID-19 payroll relief for banks to small business
March 30, 2020
Nymbus will help financial institutions process paycheck protection loans from the U.S. Small Business Administration, which will allow companies to maintain…
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Sony Bank launches English-language mobile app for foreign residents
March 30, 2020
Sony Bank Inc. has launched an English-language version of its online banking service, aimed at providing foreign residents in Japan a hassle free way to…
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ATMIA conferences rescheduled
March 27, 2020
In response to the recent coronavirus pandemic, trade organization ATMIA has reschedule the dates of its top industry events. These conferences and tradeshows…
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