Bank / Credit Union News & Media

FDIC to vote on stricter rules on regional bank dissolution

August 29, 2023

The Federal Deposit Insurance Corp. will vote on a variety of proposals to ensure regional banks with more than $100 billion in assets can be dissolved safely…

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Police suspect gang behind ATM attacks in Wisconsin

August 28, 2023

The Brown County Sheriff's Office in Wisconsin suspects a gang might be behind an ATM attack in Green Bay. They responded to an alarm from a Nicolet Bank ATM…

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Stearns Bank intros nonprofit banking solutions

August 28, 2023

Stearns Bank N.A., based in Minnesota, has launched its Nonprofit Banking Solutions suite of services. The solutions include financing options, customized…

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Cannabis dispensaries turn to cash in wake of Mastercard ban

by Bradley Cooper — Editor, Connect Media

With Mastercard's recent move to ban cannabis purchases, dispensaries must turn to cash.

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NCR to run New Zealand-based Kiwibank's ATM fleet

August 25, 2023

NCR Corp. is partnering with Kiwibank, based in New Zealand, to run its ATM fleet of more than 200 machines through its ATM as a Service solution. It will…

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IndusInd Bank launches multi-branded credit card with British Airways, Qatar Airways

August 25, 2023

IndusInd Bank introduced its Avios Visa Infinite Credit Card, which is multi-branded with British Airways Executive Club and Qatar Airways Privilege Club. It…

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Riyad Bank to automate processes with Blue Prism

August 23, 2023

Riyad Bank, based in Saudi Arabia, will automate several banking processes with SS&C Blue Prism. The solution has automated ATM and cash management…

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Krakowski Bank upgrades to Diebold Nixdorf ATMs

August 23, 2023

Krakowski Bank Spoldzielczy, based in Poland, has partnered with Diebold Nixdorf to modernize its ATM network with the DN Series ATMs. The ATMs will offer…

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S&P downgrades credit ratings on 5 banks

August 22, 2023

S&P Global, a ratings agency, has cut its credit ratings on five banks. It downgraded Associated Banc-Corp. and Valley National Bancorp for funding risks…

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Cardless ATM market to reach $5.2B

August 22, 2023

The cardless ATM market is projected to grow to $5.2 billion by 2031, according to research from ResearchandMarkets.com. It will grow at a compound annual…

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Federal Home Loan Bank of Dallas delivers $1M for heir property issues

August 21, 2023

The Federal Home Loan Bank of Dallas introduced its Heirs' Property Program alongside $1 million for member institutions to help governmental and tribal…

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Final call to experience innovation at Bank Customer Experience Summit

by Bradley Cooper — Editor, Connect Media

This year attendees will experience innovation across banking, retail, hospitality and the restaurant spaces firsthand at the jointly held Bank Customer…

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PenFed Credit Union appoints 4 SVP roles

August 18, 2023

PenFed Credit Union, with $35.3 billion in assets, has appointed four senior vice presidents: Brian Kukwa, SVP of home lending technology; Andrea McCarren, SVP…

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Regions Bank integrates bill payment into Treasury Management

August 18, 2023

Regions Bank has integrated customer billing and communications into its Treasury Management platform. With this Mastercard and Nordis Technologies-powered…

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ChargeAfter partners with Wells Fargo for POS financing

August 17, 2023

ChargeAfter, an embedding lending platform provider, has partnered with Wells Fargo Retail Services, a division of Wells Fargo Bank to deliver point-of-sale…

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Banking glitch enabled customers to withdraw money without sufficient funds

August 17, 2023

A glitch in the Bank of Ireland's app and website allowed customers to withdraw funds at an ATM that they didn't have. Customers could transfer up to $1,090.2…

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Cardinal Credit Union becomes official union of Cleveland Browns

August 16, 2023

Cardinal Credit Union has become the official credit union of the Cleveland Browns NFL team. Through this partnership, the credit union will launch financial…

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NCR expands through separation into 2 companies

by Bradley Cooper — Editor, Connect Media

The ATM industry, typically a fairly conservative industry, has been experiencing major changes this year. One such change is NCR's separation into two…

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FDIC proposes changes for bank living will processes

August 15, 2023

The U.S. Federal Deposit Insurance Corp. proposed changes to how larger regional banks handle living wills in the event of a collapse, such as what occurred…

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Fitch warns of possible bank downgrade

August 15, 2023

Fitch Ratings has warned that banks, including JPMorgan Chase, may face ratings downgrades. It reduced its overall assessment of the banking industry's health…

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