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Bank / Credit Union News & Media

Touchscreens have a role to play in improving safety during the coronavirus pandemic

by Ian Crosby — Sales & Marketing Director, Zytronic

Despite concerns about touchscreen safety, touchscreens also have the potential to provide significant benefits in the coronavirus pandemic in regards to…

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Post Covid-19: A wake-up call for financial institutions and credit unions

by Justin Van Peursem — President, MVP Financial Equipment Corporation

With restrictions being lifted from the Covid-19 pandemic lockdown, financial institutions and credit unions should be thinking about how they will prepare for…

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BOA's PPP applicants receive approvals worth $25B

May 4, 2020

  The Small Business Administration approved loans for Bank of America's small business applicants worth approximately $25 billion under the second wave of…

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London-based fintech Revolut launches bank in Lithuania

May 4, 2020

London-based fintech, Revolut, having received its European banking license in late 2018 from European Central Bank and Bank of Lithuania, is expanding its…

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Euronet Worldwide acquires Dolphin Debit

by Pat Shea — Editor, NetworldMedia

May 1, 2020

 

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UK cash use down, weekly ATM withdrawal amounts increase

by Pat Shea — Editor, NetworldMedia

Cash use in the UK is down, but LINK, UK's largest ATM cash machine network, reports ATM users have increased the amount of money they're withdrawing.

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Israeli bank pleads guilty in hiding $7.6 billion from the IRS

May 1, 2020

The largest banking system in Israel, Bank Hapoalim, pled guilty in Manhattan's federal court on April 30 for helping its U.S. clients hide approximately $7.…

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Wescom Credit Union donates $10K GrubHub gift cards to hospital staff

April 30, 2020

Huntington Memorial Hospital workers in Los Angeles received a surprise from Wescom Credit Union. The hospital staff, who is working directly with COVID-1…

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Trying for a PPP loan? Here’s expert guidance that can help

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

It’s been no secret that ATM operators, manufacturers, distributors and their small business clients have tried to navigate the process of applying for a…

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HSBC profit falls due to COVID-19, delays restructuring

April 29, 2020

London-based HSBC is pausing global restructuring plans announced in February and said pre-tax profit fell 48%, to $3.2 billion, during the first quarter due…

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Moody's downgrades outlook for African banking from stable to negative.

April 29, 2020

The impact of the coronavirus has caused the American credit rating agency, Moody's, to downgrade the banking systems in South Africa, Nigeria and Morocco from…

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Bank call centers feeling pressure of COVID-19

by David Jones — Editor, Networld Media Group

COVID-19 forced most of the nation's major banks to restrict lobby access, the reduced access along with the economic downturn have placed enormous pressure on…

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During lockdown, India banks keeping more money on hand

April 28, 2020

To ensure that banks and ATMs have enough cash to meet customers' needs while the coronavirus lockdown worldwide continues, banks in India are keeping up to…

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Lending solution can drive business to consumer-facing industries

April 23, 2020

Artis Technologies has launched a cloud-based lending solution, Artis Connect, that links lenders, merchants, and consumers at the point-of-need. The  solution…

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Customers may be out of sight, but not out of mind

by Pat Shea — Editor, NetworldMedia

What's your marketing messaging during the coronavirus pandemic? Understanding your customer's needs and how to get your message to resonate with them can…

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Wells Fargo, JPMorgan among banks being sued over SBA loans

April 21, 2020

Small businesses affected by the coronavirus are suing Wells Fargo & Co., Bank of America Corp., JPMorgan Chase & Co. and US Bancorp. The lawsuit…

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Remote account opening solution launches early for PPP applicants

April 17, 2020

Fenergo, a provider of digital solutions for financial institutions, announced an early launch of its remote account opening solution. The launch of the…

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ICICI Bank deploys mobile ATM vans in Mumbai

April 17, 2020

ICICI Bank of India, working with government authorities, has deployed two mobile ATM vans stopping in several areas in Mumbai. The van allows residents in…

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SBA runs out of COVID-19 relief money; lawmakers fight over refunding

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Two Small Business Administration programs designed to help businesses weather the pandemic — the Paycheck Protection Program and the Economic Injury Disaster…

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