Bank / Credit Union News & Media
ATM sanitizing top priority for South African banks
January 29, 2021
The Banking Association South Africa is focused on implementing practical measures aimed at preventing the spread of COVID-19 at automated teller machines…
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TD Bank closing 81 branches
January 28, 2021
TD Bank will close 81 of its 1,223 retail branches, almost 7% of all locations, as the COVID-19 pandemic pushes the financial institution from brick-and-mortar…
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UK ATM withdrawals drop 37% in 2020
January 28, 2021
Consecutive coronavirus lockdowns in the U.K. led to a 37% drop in ATM usage in 2020, according to figures published in a report by ATM cash machine network…
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JPMorgan launching digital retail bank in the UK
January 27, 2021
JPMorgan is planning to expand its retail presence to the U.K. for the first time, but will only offer services through its mobile app.
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What in the world is happening in the B2B payment world?
by Josh Cyphers
Josh Cyphers is the President of Nvoicepay, a FLEETCOR Company. For the past 20 years, Josh has managed successful growth for a variety of companies, from…
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Huntington Bank to close 97 in-store branches as part of TCF acquisition
January 26, 2021
Huntington Bancshares Inc. will be closing 198 branch offices, including 97 in-store branches located in Meijer Inc. stores in Michigan, after completing the…
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Deutsche Bank conducting internal investigation on banking product sale
January 26, 2021
Deutsche Bank AG is conducting an internal investigation following a Financial Times report describing bank employees who sold investment banking products to…
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NAC commends OCC for requiring banks to provide fair access
January 22, 2021
The Office of the Comptroller of the Currency just adopted a federal rule aimed at ensuring the provision of fair access to banking services by large national…
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Getting real about real-time payments
by Pat Shea — Editor, NetworldMedia
During the pandemic, how easy was it to pick up a phone, order food and pay with a click? But can real-time payments effectively work for B2B? ATM Marketplace…
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SBA approves 60,000 loans in first week
January 21, 2021
The U.S. Small Business Administration has already approved approximately 60,000 Paycheck Protection Program loan applications submitted by nearly 3,00…
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MA Gov. Baker Signs Credit Union Modernization Bill
January 21, 2021
Massachusetts Governor Charlie Baker signed bill S2828, An Act Modernizing Credit Union Laws, into law last week. The bill has been a priority for…
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CaixaBank's digital service ‘imagin’ reaches millions of millennials
January 21, 2021
Spain's CaixaBank's digital service and lifestyle platform, imagin, aimed at millennials, reached three million users by the end of 2020. The imaginers…
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Bank of America announces fourth-quarter results
January 20, 2021
Bank of America announced its fourth-quarter results, posting a 28% drop in net income to $5.5 billion in the quarter, or $0.59 per share, but beating the…
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JPMorgan's beats 4th-quarter earnings forecast
January 20, 2021
JPMorgan released fourth-quarter earnings, posting a 42% rise in net income of $12.14 billion versus $8.13 billion estimated by analysts. Revenue was posted at…
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Talking ATMs delivers Rebuild of Evangelion characters
January 20, 2021
Japan's convenience store chain, Lawson, is offering customers more than just the ability to withdraw cash from its in-store ATM machines. The chain has…
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Capital One fined $390M
January 19, 2021
The Financial Crimes Enforcement Network has enforced a $390 million civil penalty fine on Capital One for engaging in violations of the Bank Secrecy Act. The…
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Change in ATM rules for PNB customers
January 19, 2021
In February, customers of Punjab National Bank in New Delhi, India will have to adhere to new ATM rules that will restrict transactions both financial and…
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FNB ATM network increases 30% with PAI, Royal Farms partnership
January 18, 2021
First National Bank, the largest subsidiary of F.N.B. Corporation, Payment Alliance International and Royal Farms announced a partnership agreement that will…
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South African banks told get sanitizers or receive penalty
January 15, 2021
South African banks are racing to get ATM machines in line with COVID-19 regulations after the government was adamant that banks must provide hand sanitizers…
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Bank ABC acquires Egypt’s Blom Bank for $480 million
January 15, 2021
Bahrain's Bank ABC completed its purchase of Lebanon's Blom Bank, a subsidiary of Egypt's Blom Bank, for $480 million according to a report in Reuters.
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