News
Florida man arrested for allegedly attacking ATM with hammer
January 20, 2023
A man in Leesburg, Florida, was arrested by police after allegedly using a hammer on a Bank of America ATM. Employees saw him screaming at the ATM to give his…
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Smart finance market to reach $30M by 2031, independent ATM deployers to see highest growth
January 20, 2023
The smart finance hardware market will grow from $16 million in 2021 to $30 million by 2031, according to research from Allied Market Research. It will grow at…
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Cannabis payments platform CanPay expands to 1K locations
January 20, 2023
CanPay, a payments network for cannabis merchants, is now available at more than 1,000 locations in 31 states. With its app, customers can purchase cannabis…
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Diebold Nixdorf wins best banking tech accolade
January 20, 2023
Diebold Nixdorf has won the Best Banking Technology Solutions Provider for Europe 2022 from the Global Banking and Finance Review. The company also won the…
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Atlantic Union to transfer stock, shares to New York Stock Exchange
January 19, 2023
Atlantic Union Bankshares plans to transfer the listing of common stock and depositary shares to the New York Stock Exchange. This represents a one in 400th…
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TD Bank extends naming rights deal for Boston's TD Garden
January 19, 2023
TD Bank has extended its naming rights agreement with Delaware North for TD Garden, a sports and entertainment arena in Boston. The arena will keep the name…
read nowBMO 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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