Bank / Credit Union News & Media
AccesBanque migrates ATM business to Compass Plus Technologies
March 28, 2023
AccesBanque Madagascar, a commercial bank under AccesHolding Group, has migrated its ATM acquiring and card management businesses to Compass Plus Technology's…
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Discover breaks ground on customer care center
March 27, 2023
Discover has broken ground on a customer care center in Whitehall, Ohio. The company joined with local and state legislators, business owners and non-profits…
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Safes, vaults market to reach $13.8B
March 22, 2023
The safes and vaults market will grow from $7.9 billion in 2022 to $13.8 billion by 2030, according to research from ReportLinker. It will grow at a compound…
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Keeping track of your cash during March Madness
by John Clatworthy — Senior Vice President, Chief Customer & Strategy Officer, Cash Connect, a division of WSFS Bank, Cash Connect, a division of WSFS Bank
With March Madness underway, many businesses will see a large influx of cash. Here's how to manage it.
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Secret Service, PNC investigate Ohio ATM skimming case
March 21, 2023
The Secret Service is investigating 27 cases of skimming at one PNC ATM in Macedonia, Ohio. A thief used a small camera to steal PIN numbers from customers…
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German police arrest 42 for ATM explosive attacks
March 21, 2023
More than 2,500 German police officers recently participated in an operation in which 42 people were arrested for suspected involved in ATM explosive attacks.
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Credit Suisse narrowly avoids shutdown with USB acquisition
March 21, 2023
UBS has acquired Credit Suisse to prevent the bank from collapsing. The acquisition occurred in the wake of the recent collapse of Silicon Valley Bank…
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What's the deal with cash recycling?
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
In a world of increasing competition for customers with neobanks and major staffing challenges at the branch level, banks need to find ways to reduce costs.
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Citizens extends branch hours
March 16, 2023
Citizens is extending branch hours to help prospective customers due to current market uncertainties, according to a press release.
read nowSenior citizen left in lurch when Chase fails to process ATM check deposit
March 15, 2023
Mary Smith, an 80-year-old woman in Amityville, New York recently attempted to deposit a more than $200,000 check at a Chase Bank ATM. However, the bank did…
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SVB Financial Group appoints restructuring committee for subsidiaries
March 15, 2023
SVB Financial Group has appointed a restricting committee of five directors to look at alternatives for both the holding company and its capital and securities…
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SVB, Signature Bank collapse raises questions
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
The collapses of SVB and Signature Bank have raised questions about the economy, the banking system, cryptocurrency and how banks should respond.
read nowDolphin Debit Access partners with Cornerstone to offer ATM, ITM-as-a-service
March 14, 2023
Cornerstone Resources, a financial services provider, has partnered with Dolphin Debit Access, an ATM and ITM management company, to offer credit unions an ATM…
read nowBank of America invests in Black founders
March 14, 2023
The Bank of America will invest in the Black Founders Matter Fund, a venture based in Portland, Oregon that focuses on investing in Black-owned businesses…
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Regulators seize Signature Bank, SVP Bank following collapse
March 14, 2023
Signature Bank collapsed earlier this week due to customers withdrawing more than $10 billion in deposits, which was in turn driven by the collapse of Silicon…
read nowNational Bank of Coxsackie appoints branch manager
March 10, 2023
The National Bank of Coxsackie, based in New York, has appointed Elizabeth Chiong to serve as branch manager for its Athens, New York location. Prior to…
read nowGerman American Bank brings on chief banking officer
March 10, 2023
German American Bancorp Inc. and its subsidiary, German American Bank, has appointed Michael Beckwith as EVP, chief banking officer. He takes over for Randall…
read nowChase earns top credit card issuer spot
March 10, 2023
The Nilson Report has determined JPMorgan Chase is the largest issuer of credit cards in the U.S., according to a press release.
read nowIncredibleBank to expand into Florida with branch
March 9, 2023
IncredibleBank, a community bank based in Wisconsin, has announced a branch in Cape Coral, Florida. The location is part of an effort to expand the bank's…
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Communication key to protect ATMs
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
How do organizations protect ATMs? Everyone involved needs to work closely together to solve this industry issue.
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