Bank / Credit Union News & Media
1st Century Bank brings on managers from former First Republic Bank
August 1, 2023
1st Century Bank has hired Lyndsey Hudgins and Josh Rogge from the former First Republic Bank which was acquired by JPMorgan Chase earlier this year.
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Seacoast Bank selects NCR for ATM-as-a-service
August 1, 2023
Seacoast Bank, headquartered in Stuart, Florida, has selected NCR Corp. to upgrade its ATM fleet with its ATM-as-a-service solution. The bank has also joined…
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UK banks shutting down more than 1K accounts daily
August 1, 2023
Banks in the U.K. are shutting down more than 1,000 accounts per day, often with little to no explanation to customers. With the recent shutdown of…
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78% of European big banks saw data breach in 2022
July 31, 2023
Research from SecurityScorecard revealed that out of 240 of the biggest banks in the European Union, 78% saw a third-party data breach in the past year.
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Atlantic Union Bankshares to acquire American National
July 28, 2023
Atlantic Union Bankshares Corp. has entered into a merger agreement with American National Bankshares Inc. to acquire American National. With this acquisition…
read nowBTIG Investment Bank appoints managing director
July 28, 2023
BTIG, a bank that operates in the U.S., Europe, Asia and Australia, has appointed Tosh Chandra to serve as managing director with its Financial Institutions…
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Bank of America boosts dividend
July 27, 2023
Bank of America has announced a regular quarterly cash dividend of $0.24 per share up from 2 cents from the previous quarter. The dividend will be payable on…
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NatWest CEO steps down following discussion on British politician's bank account
July 26, 2023
Alison Rose, CEO of NatWest, one of the biggest four banks in Britain is stepping down after speaking about a bank account closure belonging to Nigel Farage…
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Banking experience: 3 simple tips to improve
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
What are some practical tips to improve banking experience? You can measure customer's attitudes, create comfortable spaces and take all your channels into…
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FDIC calls out banks for incorrect uninsured deposit statements
July 25, 2023
The Federal Deposit Insurance Corp. has called out banks for containing incorrect data on financial statements. The statements showed lower uninsured deposits…
read nowRegions appoints board member
July 25, 2023
Regions Financial Corp. has appointed Alison Rand to its board, including its subsidiary Regions Bank. Her term will begin officially on Oct. 1, according to a…
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Lake Michigan Credit Union partners with Total Expert to improve member engagement
July 24, 2023
Lake Michigan Credit Union, based in western Michigan, has partnered with customer engagement platform provider Total Expert to deliver personalized engagement…
read nowCSI enables instant payments through FedNow
July 24, 2023
CSI, a fintech solutions provider, announced its payments solution is live on the Federal Reserve's FedNow service. FedNow is a payment infrastructure, which…
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Citizens appoints head of enterprise payments
July 21, 2023
Citizens Financial Group Inc. has appointed Taira Hall to serve as head of enterprise payments. She will report to Beth Johnson, vice chair and chief…
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Red Link migrates ATM network to Diebold Nixdorf
July 21, 2023
Red Link, an ATM network operator in Argentina, has transferred 90% of is network to Diebold Nixdorf's DN Series ATM. This series offers a variety of…
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Union Credit intros credit union marketplace
July 19, 2023
Union Credit, a credit offer provider, has introduced a marketplace to allow credit unions to offer one-click credit offers to customers at the point-of…
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Big banks post healthy profits following SVB collapse
July 19, 2023
Big banks have begun releasing earnings this quarter, and so far have seen healthy profit margins despite the collapse of Silicon Valley Bank, Signature Bank…
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How APIs can improve banking security
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
Screen scraping is a major security issue for banks. By replacing this practice with APIs, banks can eliminate this issue and improve customer experience.
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Bank customers report rise in sudden account closures
July 18, 2023
Many bank customers are reporting their accounts are being shut down without warning, and when they attempt to get an explanation, they have little success.
read nowConnectbase purchases $16M debt facility from Silicon Valley Bank
July 18, 2023
Connectbase, a cloud connectivity provider, has purchased a $16 million debit facility from Silicon Valley Bank. With this facility, it aims to expand its…
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