News
California bank regulator says it acted too slowly with SVB
May 9, 2023
California's Department of Financial Protection said it failed to take proper oversight regarding Silicon Valley Bank, which contributed to the bank's demise…
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Coinhub partners with CHB Holdings for bitcoin wallet
May 8, 2023
Coinhub, a bitcoin platform and cryptocurrency ATM provider, has partnered with CHB Holdings LLC to deliver the Coinhub Bitcoin Wallet, a mobile wallet on iOS…
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Cardinal Credit Union opens branch in Mentor, Ohio
May 8, 2023
The Cardinal Credit Union has opened a second branch in Mentor, Ohio, bringing its total to seven retail branches and seven student-run branches in…
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NCR enjoys increased revenue, net income in Q1
May 5, 2023
NCR Corp. announced revenue of $1.9 billion for the first quarter of 2023, up by 1% year-over-year and 4% on a constant currency basis. It also reported an…
read nowNCR appoints CEO-designates for planned separation into 2 companies
May 5, 2023
NCR Corp. has appointed CEO-designates Tim Oliver, current senior EVP and CFO, and David Wilkinson, EVP and president of NCR Commerce, for SpinCo and RemainCo…
read nowJapanese MUFG Bank to end 24-hour ATM operation
May 5, 2023
MUFG Bank, based in Japan, announced it will limit the hours of its ATMs by the end of 2023 as a cost-cutting measure for 98 locations across Japan. The bank…
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Travelex expands ATM service in UK airports
May 5, 2023
Travelex, a foreign currency exchange company, has expanded its ATM click and collect service in the Heathrow, Birmingham and Manchester airports in the U.K.
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Corvallis partners with Finastra to deliver Italian banking digital transformation
May 4, 2023
Finastra, a financial software provider, has partnered with Corvallis, an IT company, and Tinexta Group, a cybersecurity provider, to provide digital…
read nowKentucky police arrest man for alleged ATM robbery
May 4, 2023
Owensboro, Kentucky police officers arrested a man on charges of an ATM robbery. The man, Manuel Cuahua, allegedly robbed a woman when she tried to withdraw…
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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:
read nowBMO 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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