Bank / Credit Union News & Media
Chime, Cardtronics expand surcharge-free ATM access
October 29, 2020
Cardtronics ATM operator and its partner, fintech Chime, signed an agreement to expand Chime's ATM access in 2021, according to a press release. This access…
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HSBC to revamp business model
October 28, 2020
Hong Kong-based HSBC Holdings is launching and overhaul of its business model, seeking to change its main source of income from interest rate to fee-based…
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Equity Bancshares acquires Almena State Bank
October 27, 2020
Wichita-based Equity Bank has announced the acquisition of Almena State Bank with a purchase and assumption agreement facilitated by the Federal Deposit…
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Paramount acquires First Regents Banc Services
October 27, 2020
The Paramount Management Group has acquired First Regents Banc Services and Equipment, an independent ATM deployer based in Franklin, Tennessee. The…
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Happy National Women’s Small Business Month
by Pat Shea — Editor, NetworldMedia
This month celebrates National Women's Small Business Month. What are we doing as an industry to recognize this segment of business? Mastercard has put a…
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2 "masked bandits" break into a Chase branch
October 23, 2020
A Chase bank customer had stopped into a Redwood City, Calif. branch at approximately 7:30 a.m. to use the ATM when something caught his eye within the lobby…
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ATM fees lowest for first time in 15 years
October 23, 2020
Out-of-network ATM fees are the lowest they have been in 15 years, with the average rate falling from $4.72 to $4.64, according to a Bankrate study cited in a…
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First Horizon Bank moves digital banking platform to NCR
October 22, 2020
First Horizon Bank has launched its NCR D3 digital platform and the technology will help the bank expand self-service capabilities and offer a more efficient…
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Deutsche Bank in talks to sell Postbank IT
October 22, 2020
Deutsche Bank is in discussion with Tats Consultancy Services over the possible sale of its Postbank IT systems unit and the transfer of 1,400 staffers to the…
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How Cash Management Outsourcing Empowers Branch Transformation and COVID-19 Response
In the wake of mandated temporary closures, FIs have initiated far-reaching and indefinitely lasting changes to procedures and business hours, staffing levels…
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Truliant FCU & Diebold Nixdorf expand ATM partnership
October 21, 2020
Truliant Federal Credit Union announced a significant expansion with its ATM partner of 20 years, Diebold Nixdorf. The credit union has implemented Diebold…
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U.S. Bank to close 400 branches, reports robust digital engagement
October 20, 2020
U.S. Bank will close 400 branches by early next year, an announcement that coincides with the bank's Q3 2020 earnings report.
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First National Bank & Trust to close all bank lobbies again
October 20, 2020
Without specifically mentioning the state's recent surge in coronavirus cases, Michigan-based First National Bank & Trust has closed the bank lobbies at…
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European banks set for better earnings season
October 19, 2020
European banks are gearing up to report third-quarter earnings and analysts are expecting reductions in loan loss provisions to drive stabilization.
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Creating cash agad partners helps unbanked in the Philippines
October 19, 2020
Cash Agad is a service provided by the Philippine bank, BDO, to give those in rural, far flung or unbanked communities access to banking and ATMs, according to…
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India's white label ATMs may face closure in rural areas
October 16, 2020
White label ATM operators in Mumbai may be forced to close down ATMs, which are predominantly deployed in semi-urban and rural areas, due to restrictions…
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Using AI to find credit-worthy bank customers
by Peter Barcak — CEO & Co-Founder, CredoLab@ PVT LTD
For the unbanked, being able to establish credit is almost unattainable. The unfortunate scenario is many of those classified as a bad risk could be among some…
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Bank of America misses on third-quarter revenue
October 15, 2020
Bank of America shares fell Wednesday after the bank posted third-quarter results that missed on revenue, according to a report in CNBC.
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Citigroup earnings top street estimates
October 15, 2020
Citigroup released its third-quarter earning results this week and they results were better than analysts expected, according to a report in CNBC.
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JP Morgan Chase revenue ahead of analysts' estimates
October 15, 2020
JPMorgan reported a 30% jump in trading activity for the third-quarter, considered the result of markets' continued volatility, which lifted the bank's revenue…
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