News
Diebold Nixdorf lifts Q1 2023 sales, improves loss
May 3, 2023
Diebold Nixdorf Inc. raised its Q1 2023 sales and improved its loss over the prior year period, according to an earnings report. Highlights include:
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BMO announces $1M commitment to affordable housing
May 3, 2023
BMO will donate $1 million for affordable housing and health equity in California. The bank will donate $500,000 each to Enterprise Community Partners and…
read nowAcademy Bank opens branch in Arizona with ITM
May 3, 2023
Academy Bank, which operates 70 locations in Arizona, Colorado, Kansas and Missouri, has opened a location in Glibert, Arizona. The branch will feature video…
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Apple sees nearly $1B in deposits for savings account
May 3, 2023
Apple has reportedly gained nearly $990 million in deposits in just four days in its high-yield savings account, which offers a 4.15% interest rate, according…
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Financial expert Michael Milken: Banking collapses present 'no financial crisis'
May 3, 2023
The recent collapse of Silicon Valley Bank, Silvergate Bank and First Republic, with the later purchased by JPMorgan Chase this week, has raised questions…
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JPMorgan Chase acquires First Republic Bank
May 3, 2023
Regulators recently seized First Republic Bank and sold the majority of its assets to JPMorgan Chase. The bank lost $100 billion in deposits in March, as…
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Regions Bank honors branch manager for community service
May 2, 2023
Regions Bank has officially awarded Ginger Donohue, manager of Region's Breechwood branch in Vicksburg, Mississippi, with the Lee Ann Petty Heart of Service…
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FDIC calls on Congress to increase deposit insurance limits
May 2, 2023
The Federal Deposit Insurance Corp. has proposed boosting the deposit insurance limits for business payment accounts, according to a Yahoo! Finance report.
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Chase, Amazon expand Visa card benefits
May 2, 2023
JPMorgan Chase and Amazon are adding benefits and features to their Visa card portfolio, which have been renamed to Prime Visa and Amazon Visa. Cardholders for…
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Nebraska police arrest 3 for ATM skimming
May 1, 2023
Authorities in Omaha, Nebraska arrested three individuals for allegedly placing skimming devices on ATMs. An employee at First National Bank of Omaha…
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Chicago man discovers ATM skimming device at Walgreens
May 1, 2023
Eric Newbery, a Chicago resident, recently discovered an ATM skimming device at an ATM at a Lakeview Walgreens location. He removed the skimmer from the ATM…
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Networld Media Group launches Automation & Self-Service
May 1, 2023
Networld Media Group has announced the newest addition to its portfolio of online B2B media brands. The website, Automation & Self-Service, provides news…
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US Bank earns top spot for customer satisfaction
April 28, 2023
U.S. Bank has won the top spot for customer satisfaction in the J.D. Power 2023 U.S. Retail Banking Satisfaction Study. This is the third consecutive year the…
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Ohio ATM vandalized, cash stolen
April 28, 2023
Columbus, Ohio law enforcement are investigating an incident at a Huntington Bank ATM, where an individual or group of individuals vandalized an ATM and stole…
read nowKinecta Federal Credit Union opens South LA location
April 27, 2023
Kinecta Federal Credit Union opened a branch in the Watts community in South Los Angeles, its 30th location overall, according to a press release.
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Greenwood announces General Access digital banking
April 27, 2023
Greenwood, a digital banking platform specifically for Black and Latino individuals and businesses, has introduced its General Access platform, which delivers…
read nowBankFi appoints product management director
April 26, 2023
BankFi, an embedded banking solutions provider, has selected Lindsay Hodges as director of product management and client success for the Americas. Prior to…
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Investigators arrest 2 men for alleged $11K ATM skimming theft
April 26, 2023
Investigators have arrested two men for allegedly stealing $11,000 with ATM skimming throughout the Florida Panhandle. They claim the men used at least 4…
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Global ATM market to reach $28.98B
April 26, 2023
The global ATM market will grow to $28.98 billion by 2028, growing at a compound annual growth rate of 4.7% from 2022 to 2028, according to research from…
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SWBC partners with equipifi to deliver buy-now-pay-later to banks
April 25, 2023
SWBC, a financial services company, has partnered with fintech equipifi to provide financial institutions with a buy-now-pay-later solution. With this…
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