News
Federal Home Loan Bank of Chicago partners with housing counseling agencies
November 2, 2022
The Federal Home Loan Bank of Chicago has partnered with a number of local housing counseling agencies to offer services to minority and low-to-moderate income…
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Republic Bank promotes EVP, chief lending officer
November 2, 2022
Republic First Bancorp Inc., the parent company of Republic Bank, has appointed Steve McWilliams to EVP, chief lending officer. He previously served as market…
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Wells Fargo partners with Operation Hope to open redesigned branch
November 1, 2022
Operation Hope Inc., a nonprofit financial empowerment organization, has partnered with Wells Fargo to open its 200th HOPE Inside location at a redesigned…
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Bitcoin ATMs celebrate 9th birthday
November 1, 2022
The Bitcoin ATM is officially 9 years old. On Oct 29. 2013, a coffee shop in Vancouver, Canada installed the first Bitcoin ATM from Robocoin. Now there are…
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Banks holding Elon Musk's debt for Twitter deal
November 1, 2022
A few banks, including Morgan Stanley, Bank of America and Barclays, are providing Elon Musk, CEO of Tesla Motors, $13 billion in financing in order to acquire…
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Woodforest National Bank adds 2 Walmart branches in Florida
October 31, 2022
Woodforest National Bank, based in Montgomery County, Texas, has opened two branches in Kissimmee and Brandon, Florida inside of Walmarts. The locations offer…
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ATM robber leaves jail inmate ID at scene of crime
October 31, 2022
A man who stole $800 from a Chase ATM in Jersey City, New Jersey, also left behind his Hudson County inmate ID card along with a personal property receipt.
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Disney extends Visa card deal with Chase
October 28, 2022
JPMorgan Chase has signed a multi-year extension with the Walt Disney Company and Visa for the Disney Visa Card, Premier Visa Card and Visa Debit Card…
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Tri Counties Bank partners with United Way for wildfire fund
October 28, 2022
Tri Counties Bank, a subsidiary of TriCo Bancshares based in Chico, California, has partnered with United Way of Northern California to launch the NorCal…
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Women expand footprint in exec roles at banks
October 28, 2022
The number of women in executive roles in the U.S. top 50 banks rose from 26.26% in 2021 to 28.27% in 2022, according to a Women at the Top Study. However, the…
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Boost Mobile intros digital checking account
October 28, 2022
Boost Mobile, a wireless carrier, has launched OmniMoney, a no-fee digital checking account. Customers can deposit funds into the account and access a digital…
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BlueSnap to offer crypto payments
October 27, 2022
BlueSnap, a payment platform for businesses, has partnered with BitPay, a bitcoin and cryptocurrency payment services company, to allow companies to accept up…
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Self-service tech to hit $76.78B by 2030, ATMs to dominate market
October 27, 2022
The self-service technology market will grow from $33.10 billion in 2021 to $76.78 billion by 2030, according to a press release from Prescient & Strategic…
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ATM market to reach $28B by 2028
October 26, 2022
The global ATM market will grow from $20.9 billion in 2021 to $28.98 billion by 2028, according to a press release from SkyQuest Technology Consulting Pvt.
read nowBitcoin ATM operator RockItCoin acquires Tao Bitcoin
October 26, 2022
RockitCoin has acquired Tao Bitcoin, a Bitcoin ATM operator with 56 devices mainly in the southern U.S. RockItCoin now has close to 1,900 ATMs in 44 states…
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Unbanked population falls to record low in US
October 26, 2022
The number of unbanked Americans has fallen to 4.5%, representing 5.9 million households. This is the lowest level since the FDIC began tracking this data in…
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NCR sees revenue increase, operating cash decrease in Q3 results
October 26, 2022
NCR Corp. reported a revenue of $1.97 billion in the third quarter of 2022, an increase of 4% on a year-over-year basis. This translated to an increase of 8…
read nowCashfree Payments intros prepaid card, wallet service
October 25, 2022
Cashfree Payments, a payments and API banking solutions company based in India, has launched its Card Issuance Stack to allow fintechs and other businesses to…
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Bank of America virtual assistant Erica sees 1B interactions
October 25, 2022
Bank of America is reporting that Erica, it's virtual financial assistant, has seen 1 billion interactions with clients. First launched in 2018, the AI…
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Chase closes Kanye West's accounts sparking controversy
October 25, 2022
JP Morgan Chase recently sent a letter to rapper Kanye West, also known as Ye, informing him it was ending its relationship with him and he would need to take…
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