News
US sees Columbian drug traffickers use ATM deposits for money laundering
June 14, 2024
U.S. authorities have seen an increase in Colombian drug traffickers using ATMs to deposit money from drug sales. In particular, dealers have recruited…
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Marqeta partners with Lydia to power digital banking app Sumeria
June 14, 2024
Marqeta, a card issuing platform, announced it will power the digital banking app Sumeria, which was launched by Lydia Solutions, a French payments company.
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GoldATM expands into Charlotte
June 14, 2024
GoldATM deployed its first ATM in Charlotte, North Carolina at the SouthPark Mall. These ATMs provide Goldback bills, made of pure 24-karat gold for a minimum…
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ATM technician stabs robber
June 13, 2024
Three men stole money from an ATM in Center Line, Michigan, while a technician was working on the machine. However, before they could flee, the technician…
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Kinecta Federal Credit Union selects AlignXcel, UiPath for AI automation
June 13, 2024
Kinecta Federal Credit Union, based in California, selected AlignXcel and UIPath from Digital Align Inc. and UIPath to automate its business practices…
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Finastra to power Oro Bank
June 13, 2024
Finastra, a fintech company, is powering Oro Bank, a digital bank based in Bhutan. The bank is part of the Gelephu Mindfulness City Special Administrative…
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OneUnited Bank celebrates Juneteenth with OneLove campaign
June 12, 2024
OneUnited Bank, a Black-owned financial institution, is celebrating Juneteenth with the OneLove Card TV campaign. The advertisement itself discusses the…
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Trulioo partners with Mastercard for identity verification
June 12, 2024
Truiloo, an identity platform, partnered with Mastercard to provide identity verification solutions for merchants and customers. In particular, Truillo will…
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JP Morgan expands iPhone tap to pay to Canadian customers
June 11, 2024
Chase Payment Solutions, a subsidiary of J.P. Morgan Payments, expanded its Tap to Pay on iPhone feature for Canadian merchants. Sephora was the first client…
read nowVoPay launches cash management, digital transaction platform for banks
June 11, 2024
VoPay, an embedded payment technology company, introduced TXB, a digital transaction and cash management banking platform. With this tool, financial…
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FHLBank Chicago expands small business grants to $19.5M
June 11, 2024
The Federal Home Loan Bank of Chicago expanded its grants to small businesses through a variety of means, including boosting funding to $19.5 million for…
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EQ Bank intros savings account
June 10, 2024
EQ Bank, the digital banking arm of Equitable Bank, introduced its Notice Savings Account, with no minimum balance requirements and no fees. With this account…
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Woodforest National Bank opens Walmart branch
June 10, 2024
Woodforest National Bank opened a branch in a Walmart in Livingston, Texas. The 640-square foot branch offers a lobby and an ATM with staff to support…
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FIS launches Climate Risk Financial Modeler
June 7, 2024
FIS, a fintech company, launched the Climate Risk Financial Modeler, a software-as-a-service to help businesses analyze, reduce and report their climate change…
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Mbanq joins Banking-as-a-Service Association
June 7, 2024
Mbanq, a fintech company, joined the Banking-as-a-Service Association, a group that promotes and advocates for sponsor banks in the U.S. In its membership…
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6 banks on downgrade review by Moody's
June 7, 2024
Moody's, a ratings agency has placed six regional banks on review on downgrade due to their high concentration of commercial real estate loans. The banks…
read nowAtlantic Union Bank completes integration of American National Bank and Trust
June 6, 2024
Atlantic Union Bank, based in Virginia, has integrated American National Bank and Trust Company's branches and operations. This completes its merger, which was…
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PNC Bank announces $120K scholarship program
June 6, 2024
PNC Bank announced it will give $120,000 in scholarships in $10,000 amounts to 12 students attending or planning to attend college. This is an increase from…
read nowNCR Atleos delivers deposit ATMs in UK
June 5, 2024
NCR Atleos announced it has deployed multi-bank deposit ATMs in the United Kingdom. The rollout will initially be connected to the Link ATM network in major…
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Former First Republic Bank customers report issues with JPMorgan takeover
June 5, 2024
Some First Republic Bank customers are reporting issues accessing their cash after JPMorgan Chase took over the bank. In particular, many customers have a…
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