Bank / Credit Union News & Media

FNB continues expansion in DC, Virginia

February 3, 2021

First National Bank, a subsidiary of F.N.B. Corporation, announced its continued expansion in the Washington, D.C. area with a retail location in Tysons…

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Pacific Western Bank acquires CIVIC Financial Services

February 2, 2021

Pacific Western Bank announced it has acquired CIVIC Financial Services LLC. CIVIC is an institutional private lender in the U.S. specializing in residential…

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PNB revises ATM withdrawal rules in India

February 1, 2021

Effective immediately, Punjab National Bank customers in India will not be able to withdraw money from non-EMV automated teller machines. The bank has urged…

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Fort Bragg CU extends ATM outsourcing relationship with ATM USA

February 1, 2021

Fort Bragg Federal Credit Union, which serves military members and residents of Fayetteville, North Carolina, has extended their partnership with ATM USA, an…

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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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