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Bank / Credit Union News & Media

BMO announces $1M commitment to affordable housing

May 3, 2023

BMO will donate $1 million for affordable housing and health equity in California. The bank will donate $500,000 each to Enterprise Community Partners and…

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Financial expert Michael Milken: Banking collapses present 'no financial crisis'

May 3, 2023

The recent collapse of Silicon Valley Bank, Silvergate Bank and First Republic, with the later purchased by JPMorgan Chase this week, has raised questions…

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JPMorgan Chase acquires First Republic Bank

May 3, 2023

Regulators recently seized First Republic Bank and sold the majority of its assets to JPMorgan Chase. The bank lost $100 billion in deposits in March, as…

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How and why bitcoin ATMs help the underbanked

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Do bitcoin ATMs helped the unbanked and underbanked? And what role do regulations and cash usage play?

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Regions Bank honors branch manager for community service

May 2, 2023

Regions Bank has officially awarded Ginger Donohue, manager of Region's Breechwood branch in Vicksburg, Mississippi, with the Lee Ann Petty Heart of Service…

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FDIC calls on Congress to increase deposit insurance limits

May 2, 2023

The Federal Deposit Insurance Corp. has proposed boosting the deposit insurance limits for business payment accounts, according to a Yahoo! Finance report.

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Chase, Amazon expand Visa card benefits

May 2, 2023

JPMorgan Chase and Amazon are adding benefits and features to their Visa card portfolio, which have been renamed to Prime Visa and Amazon Visa. Cardholders for…

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Nebraska police arrest 3 for ATM skimming

May 1, 2023

Authorities in Omaha, Nebraska arrested three individuals for allegedly placing skimming devices on ATMs. An employee at First National Bank of Omaha…

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Experts share tools, tips to prevent bank data breaches

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Data breaches are a massive issue for banks. How can they prevent them? One solution is maintaining better identity security.

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US Bank earns top spot for customer satisfaction

April 28, 2023

U.S. Bank has won the top spot for customer satisfaction in the J.D. Power 2023 U.S. Retail Banking Satisfaction Study. This is the third consecutive year the…

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Ohio ATM vandalized, cash stolen

April 28, 2023

Columbus, Ohio law enforcement are investigating an incident at a Huntington Bank ATM, where an individual or group of individuals vandalized an ATM and stole…

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Kinecta Federal Credit Union opens South LA location

April 27, 2023

Kinecta Federal Credit Union opened a branch in the Watts community in South Los Angeles, its 30th location overall, according to a press release.

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BankFi appoints product management director

April 26, 2023

BankFi, an embedded banking solutions provider, has selected Lindsay Hodges as director of product management and client success for the Americas. Prior to…

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Investigators arrest 2 men for alleged $11K ATM skimming theft

April 26, 2023

Investigators have arrested two men for allegedly stealing $11,000 with ATM skimming throughout the Florida Panhandle. They claim the men used at least 4…

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ICXA announces 2023 Elevate Awards

by Alicia Lavay — Executive Director, ICX Association

Alicia Lavay is Executive Director at the ICX Association. Image provided. "Sometimes when I consider what tremendous consequences come from little…

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JPMorgan partners with Sharegain to improve securities agency lending

April 25, 2023

Sharegain, a lending fintech, has partnered with JPMorgan's Securities Services business to deliver its SLTech solution for securities agency lending. With…

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First Republic Bank saw $100B in withdrawals

April 25, 2023

First Republic Bank saw a large increase in withdraws, as customers pulled out more than $100 billion from their accounts in the first three months of 2023 due…

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2023 ATM Software Trends survey now open: 5 winners to receive BCX Summit pass

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

April 24, 2023

The survey for the 2023 ATM & Self-Service Software Trends report is now up. This is the 16th year for the report, which is sponsored by KAL ATM Software.

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Apple dives into banking: How can banks respond?

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Apple is offering a savings account with a 4.15% interest rate. How can banks respond?

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BCT-Bank of Charles Town appoints commercial business officer

April 21, 2023

BCT-Bank of Charles Town has appointed Krystle Burkhart as commercial development officer. In thr role, she will acquire commercial clients and build stronger…

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