Bank / Credit Union News & Media
Senate Banking Committee to examine bipartisan bill to confiscate failed bank's executive pay
June 21, 2023
The Senate Banking Committee will consider a bill that would take banking executive's pay in the aftermath of a collapse like what happened to Silicon Valley…
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Bank of America commits more than $500M in equity investments
June 21, 2023
Bank of America has committed more than $500 million in equity investments to funds specifically for minorities and women, more than double its initial $20…
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Google Cloud intros AI anti-money laundering solution
June 21, 2023
Google Cloud has unveiled its Anti Money Laundering AI to help financial institutions detect money laundering. The solution is designed to replace legacy AML…
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Alliant Credit Union partners with World Wide Technology to deliver financial wellness for WWT employees
June 21, 2023
Alliant Credit Union, based in Chicago, has partnered with World Wide Technology to deliver financial wellness benefits to WWT employees, such as high interest…
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Bank Customer Experience Summit early bird ends June 23
June 20, 2023
Early bird pricing for the Bank Customer Experience Summit, being held in Charlotte, North Carolina Sept. 12 to 13, ends on June 23.
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Oracle intros cloud-based finance, risk management solutions for banks
June 20, 2023
Oracle has released cloud-native services to help banks handle finance and risk management. The four solutions offer profitability management, customer…
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Some SVB customers have to pay back loans, despite deposit loss
June 20, 2023
Silicon Valley Bank collapsed earlier this year due to a variety of factors including an over investment into government bonds and a major run by depositors…
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Chase intros Freedom credit card
June 20, 2023
JPMorgan Chase has introduced Chase Freedom Rise, a credit card for new-to-credit customers. The bank designed the card to help customers build credit, even…
read nowDocuSign appoints board member
June 19, 2023
DocuSign, an e-signature company, has appointed Anna Marrs to its board of directors. She will also join the board's audit committee, according to a press…
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SVB to sell investment banking business to management team led by CEO
June 19, 2023
Silicon Valley Bank has entered into an agreement to sell its investment banking business, SVB Securities, to a management team group led by CEO Jeff Leerink…
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How are banks automating or failing to automate?
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
Banks are typically seen as traditional organizations; however, many are embracing automation to improve efficiency and meet customer needs. That being said…
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First Tech Federal Credit Union to offer financial services for foster children
June 16, 2023
First Tech Federal Credit Union, based in San Jose, California, has partnered with Youth Villages Oregon, a children mental and behavioral health organization…
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Bank of England moves closer to digital pound
June 16, 2023
The Bank of England is seeking public feedback on how to design a central bank-backed digital currency: a digital pound.
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Discover Bank intros $36M fund for Delaware financial health
June 15, 2023
Discover Bank has introduced its Financial Health Improvement Fund in Delaware to support startups and technology companies that develop solutions to improve…
read nowRegions Bank brings on head of Homebuilder Finance
June 14, 2023
Regions Bank has appointed Fred Behnke to serve as head of its Homebuilder Finance. He previously served as regional manager for Region Bank's east region and…
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European Central Bank warns banks to leave Russia
June 14, 2023
The European Central Bank is urging Euro zone banks to leave Russia. This is a rare direct call on banks to leave the nation, after more than a year into…
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Bank Customer Experience Summit will examine customer journey
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
The Bank Customer Experience Summit, being held Sept. 12 to 13 in Charlotte, North Carolina will feature several panels surrounding customer experience in…
read nowThird Coast Bank celebrates Plano, Texas branch opening
June 13, 2023
Third Coast Bancshares Inc., based in Texas, has opened a branch in Plano, Texas, which provides a personal and business checking and savings account, loans…
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JPMorgan reaches settlement with Jeffrey Epstein victims
June 13, 2023
JPMorgan Chase has reached a settlement with victims of the late Jeffrey Epstein, who ran a sex trafficking ring. The lawsuit claimed JPMorgan continued to…
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Hancock Whitney Bank, FHLB Dallas award more than $250K for disaster relief
June 12, 2023
Hancock Whitney Bank and the Federal Home Loan Bank of Dallas have donated more than $253,00 in Disaster Rebuilding Assistance funds to Rebuilding New Orleans.
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