News
KeyBank intros home ownership credit program
July 14, 2023
KeyBank has introduced its third special purpose credit program, called KeyBank Neighbors First Credit, which provides up to $5,000 to help home buyers…
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Founder of defunct crypto exchange Celsius Network arrested
July 13, 2023
Authorities have arrested Alexander Mashinsky, founder of defunct cryptocurrency exchange Celsius Network, on charges of misrepresenting the organization's…
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Man kills 2 alleged ATM robbers
July 13, 2023
A man shot and killed two people who were allegedly attempting to rob him at an ATM in San Antonio, Texas. He was confronted by the individuals while at the…
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Bank of Baroda intros electronic bank guarantee
July 13, 2023
Bank of Baroda, an Indian bank, has introduced Electroc Bank Gurantee on its digital BarodaINSTA platform through a partnership with National E-Governance…
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Bank of America fined for more than $250M for fake accounts, junk fees
July 12, 2023
The Consumer Financial Protection Bureau has ordered Bank of America to pay more than $250 million in fines and customer refunds for a variety of violations…
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Fintech software market to grow by more than 8%
July 12, 2023
The fintech software market will grow at a compound annual growth rate of 8.82% from 2023 to 2027, according to research from Technavio. The primary market…
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Member Access Processing to offer loyalty rewards
July 12, 2023
Member Access Processing, a prepaid, Visa DPS, debit, credit, ATM and mobile processing platform for credit unions, has added ampliFI Loyalty Solution's…
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UK shuts down 26 unregistered crypto ATMs
July 11, 2023
The Financial Conduct Authority of the U.K. has shut down 26 cryptocurrency ATMs in the country for not registering with the FCA.
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Seattle's county seat passes cashless ban
July 11, 2023
The King County Council in Washington has voted to require businesses in unincorporated parts of the county to accept cash of up to $200. In the state, 2% of…
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SVB parent sues FDIC to recover $1.9B in seized assets
July 11, 2023
SVB Financial Group, the parent company of the failed Silicon Valley Bank, has sued the Federal Deposit Insurance Corp. for $1.9 billion that the agency seized…
read nowSlide Insurance raises $35M to build credit facility with Regions Bank
July 11, 2023
Slide Insurance, an insurtech company, has raised $35 million to build a senior credit facility with Regions Bank in Tampa, Florida, according to a press…
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Michigan thieves fail to gain cash from ATM
July 10, 2023
Authorities in Grand Rapids, Michigan are investigating an attempted ATM robbery. Suspects hooked a chain to an ATM with a truck and pulled it out of a…
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Michigan police on lookout for ATM card skimmer suspect
July 10, 2023
Police in Dearborn, Michigan are asking the community for help to identify a suspect who allegedly has installed skimming devices on ATMs to steal personal and…
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Cash logistics market to grow by $20B with ATMs leading the way
July 7, 2023
The cash logistics market will grow by $20.26 billion from 2022 to 2027 at a compound annual growth rate of 10.16%, according to research from…
read nowBank of Baroda appoints CEO
July 7, 2023
Bank of Baroda, an Indian bank, has appointed Shri Debadatta Chand as CEO and managing director. He previously served as executive director at the Bank of…
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Bok Financial sues insurer for alleged ATM losses
July 7, 2023
Bok Financial, based in Tulsa, Oklahoma, has sued its insurer for $7.3 million in damages from cash it lost from ATM theft since September 2021. Its insurer…
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Explosion destroys ATM at Arizona Wells Fargo branch
July 7, 2023
Police are investigating an "apparent explosion" that destroyed an ATM in Oro Valley, Arizona, according to a report by 13 News.
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Huntington National Bank earns top spot in mobile banking app survey
July 6, 2023
The Huntington National Bank has earned the top spot for the fifth consecutive year in the J.D. Power 2023 U.S. Banking Mobile App Satisfaction Survey…
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Citizens partners with The Andy Warhol Museum to support arts
July 6, 2023
Citizens has partnered with the Andy Warhol Museum to support Pittsburgh's arts and culture scene. The bank has donated $350,000 to help grow The Warhol…
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Bank of England considers plan to force foreign banks to set up subsidiaries
July 5, 2023
The central Bank of England is considering a plan that would require international banks to set up subsidiaries instead of branches in the U.K. With this…
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