News
BMO receives approval to purchase Bank of the West
January 18, 2023
BMO Financial Group has received regulatory approval to acquire Bank of the West from BNP Paribas. With the acquisition, BMO will receive 1.8 million customers…
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Wescom Credit Union to offer green vehicle loan discount
January 18, 2023
Wescom Credit Union, based in Southern California, will offer a discount for green vehicle loans at 0.25% APR, according to a press release.
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Former NFL player arrested for ATM theft
January 18, 2023
Mississippi law enforcement has arrested former NFL player Jerrell Quantez Powe for allegedly kidnapping a man and forcing him to withdraw money from an ATM.
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KeyBank survey finds financial stress impacting consumers
January 17, 2023
More than half of Americans, 55%, had financial challenges in 2022 compared to 37% in 2021, according to KeyBank's 2023 Financial Mobility Survey. In addition…
read nowArizona Financial Credit Union brings on CEO, president
January 17, 2023
Arizona Financial Credit Union has promoted Amy Hysell from EVP and CIO to president and CEO. In her role as CIO, she led the integration of Arizona Financial…
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Western banks hit pitfalls while leaving Russia
January 17, 2023
Western banks have been attempting to sell off assets in Russia following the country's invasion of Ukraine in February 2022. However, Vladimir Putin has…
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Lqwd Fintech updates Bitcoin Lightning Network platform
January 16, 2023
Lqwd Fintech Corp. has released an update to lqwd.tech, its Bitcoin Lightning Network software-as-a-service platform. With this platform, users can integrate…
read nowSafeAmerica Credit Union CEO, president to retire
January 16, 2023
SafeAmerica Credit Union has announced that Tom Graves, president and CEO, has retired. Frank Zampella, chairman of the directors, will take up the role of…
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Contactless market to reach $24.5B
January 13, 2023
The contactless payment market will grow from $12.1 billion in 2021 to $24.5 billion in 2027 at a compound annual growth rate of 12.48%, according to research…
read nowFirst Bancorp inks acquisition of GrandSouth
January 13, 2023
First Bancorp has officially acquired GrandSouth Bancorp, the parent company of GrandSouth Bank. With the acquisition, First Bancorp will have $12 billion in…
read nowAML RightSource updates brand
January 12, 2023
AML RightSource, a provider of anti-money laundering, know-your-customer and Bank Secrecy Act solutions, has unveiled its updated brand. The brand represents…
read nowSouth Atlantic Bancshares names COO
January 12, 2023
South Atlantic Bancshares Inc., the parent company of South Atlantic Bank, has selected Travis A. Minter to serve as COO. He previously served as chief banking…
read nowBankFirst acquires Mechanics Banc
January 11, 2023
BankFirst Capital Corp., parent company of BankFirst Financial Services, has completed its acquisition of Mechanics Banc Holding Company and its subsidiary…
read nowBlockchain fintech Securrency brings on CEO
January 11, 2023
Securrency, a blockchain-based financial and regulatory technology provider, has selected Nadine Chakar to serve as CEO. Prior to joining Securrency, she…
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Philadelphia thieves snatch Popeyes ATM
January 10, 2023
Police in Philadelphia, Pennsylvania are on the lookout for four suspects who allegedly stole an ATM from a Popeyes location. The crime took place just before…
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Bitcoin ATM growth slowed in 2022
January 10, 2023
While Bitcoin ATMs continue to grow worldwide, growth slowed in the later part of 2022. In fact, only 94 were installed from July to December 2022, compared to…
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Metropolitan Bank bails on crypto
January 10, 2023
Metropolitan Commercial Bank will cease its cryptocurrency services due to "recent developments" in the industry. The bank is one of the few to directly offer…
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Washington police investigating ATM crime wave
January 9, 2023
Police in Tacoma, Washington are investigating a series of crimes at ATMs. In particular, thieves are robbing people at gunpoint as they withdraw money from…
read nowThief wheels out ATM from hotel
January 9, 2023
Madison, Wisconsin police are looking for information on a man who allegedly stole an ATM from a hotel. Police say he loaded an ATM from the Main Stay Suites…
read nowFarmers National Banc completes merger with Emclaire Financial
January 9, 2023
Farmers National Banc Corp., the holding company for the Farmers National Bank of Canfield, has officially acquired Emclaire Financial Corp., the holding…
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