Bank / Credit Union News & Media
Japan’s banks going cashless
January 4, 2021
In an attempt to limit the handling of cash for health and safety reasons due to the pandemic and its resurgence, Japan's Sumitomo Mitsui Bank, along with…
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India charges for checking balance at ATM
December 30, 2020
Customers of the State Bank of India will be required to pay Rs 20 (US $0.27) plus a goods and service tax for every failed ATM transaction due to insufficient…
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Egypt's central bank suspends fees until June 2021
December 30, 2020
The Central Bank of Egypt will continue to suspend bank and ATM transaction fees that began with the pandemic until June 2021, including ATM cash withdrawals…
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2021: Hello innovation
by Pat Shea — Editor, NetworldMedia
For almost the entire year, the news sources this magazine works with has reported several ATM thefts happening daily across the country. The odd thing is many…
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CheckAlt’s ATM software provides Mutual Credit Union real-time processing
December 29, 2020
CheckAlt, a payment processing solutions provider for credit unions and banks across the U.S., has enabled ATM automatic check depositing for members of the…
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2020: The year a pandemic changed the payments ecosystem
A study on the effect COVID-19 has had on the payments industry was conducted by Deloitte Digital. Bethany Ewing, principal, customer marketing, mobile…
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Saudi General Auditing Bureau closes 138 ATMs
December 28, 2020
The Saudi General Auditing Bureau has closed more than 138 ATMs in designated governorates within the Municipality of Jazan, Saudi Arabia, for operating…
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Save debit card matches spending with investments
December 28, 2020
Technology company Save, has partnered with Mastercard to launch its Save Debit Invest Mastercard. Instead of receiving cash back or reward points, the card…
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Euronet Worldwide acquires BoI’s non-branch ATM fleet
December 23, 2020
Euronet Worldwide Inc. a global electronic payments provider, has announced the acquisition of Bank of Ireland's entire fleet of non-branch ATMs in the…
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Servpac partners with American Savings Bank to collocate its data
December 22, 2020
Servpac, Hawaii's cloud solution, announced a partnership agreement with American Savings Bank to "collocate" its data, or retain its data in privately housed…
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Central bank of India launches contactless debit card
December 21, 2020
Central Bank of India, in association with the National Payments Corporation of India, has launched RuPay Select, a contactless debit card according to a press…
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FMS Bank selects Teslar software to improve customer experiences
December 18, 2020
FMS Bank has chosen Teslar's software platform to enhance its bank efficiencies, provide better access to customer data and analytics, increase its efficiently…
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US dollar swap with foreign central banks extended
December 17, 2020
In the early stages of the pandemic, The Federal Reserve set up a $60 billion swap of U.S. dollars for foreign currency with the central banks of Australia…
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OneBanks put the human back in banking
December 16, 2020
U.K. startup, OneBanks, is putting up fully staffed banking kiosks in areas where larger banks once had a presence, but have since closed or were relocated…
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Number of US commercial banks decreases 45%, net income increases 207%
December 16, 2020
The total number of commercial banks in the U.S. has dropped by 45.65% between 2000 to 2020, according to a report by Finbold.com. That puts commercial banks…
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ICP announces launch of U.S. processing platform
December 15, 2020
Innovative Computer Professionals, a fintech corporation and international issuing and acquiring processor in 27 countries, announced its certification and…
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Investors to acquire Cardtronics for $2.3B
December 15, 2020
Cardtronics PLC, an ATM owner/operator, announced today it has entered into a definitive agreement to be acquired by affiliates of Apollo Global Management…
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Chase, Air Canada, Mastercard partner on US credit card
December 15, 2020
Chase and Air Canada are partnering to make Chase the exclusive issuer of the airline's Aeroplan U.S. credit card and Mastercard is exclusive payments network…
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How has 2020 elevated the cashless conversation?
What will 2021 look like for those in the ATM industry? Due to the pandemic, people who had never banked digitally migrated to online shopping, concerned for…
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Alabama-based CB&S Bank becomes the 500th financial institution enrolled in Zelle
December 10, 2020
Alabama-based CB&S Bank recently became the 500th financial institution to go live on the Zelle Network via Fiserv, joining a wide range of banks and…
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