Union Bank Company earns preferred lender status with SBA

April 6, 2023

The Small Business Administration has awarded Ohio-based bank The Union Bank Company with Preferred Lender status. The SBA helps small businesses connect with…

Washington DC police investigate ATM crime spree

April 5, 2023

Washington D.C. police are on the lookout for suspects which allegedly damaged ATMs and broke into multiple banks in a single day, according to a report by Fox…

Bank data company Ribbit appoints CEO

April 4, 2023

Ribbit Inc., a banking data company, has appointed Greg Rable to serve as CEO. Prior to joining Ribbit, Rable served as EVP of global services at PGI…

Police arrest 6 for stealing 19 ATMs

April 3, 2023

New York police have arrested six men for allegedly stealing ATMs from 19 stores in Brooklyn, Queens and the Bronx over a seven month period. They used a…

Thieves destroy Atlanta ATM

April 3, 2023

Police in DeKalb County, a part of the Atlanta, Georgia metropolitan area, recently discovered a destroyed ATM at a Bank of America drive-thru location…

Mobile wallets, ATMs find roles in remittance market

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

The remittance market is massive, valued at nearly $630 billion in 2022. Here's how mobile wallets and ATMs are playing a role in this space.

Bank of America appoints presidents of Merrill Wealth Management

March 31, 2023

Bank of America has appointed Lindsay Hans and Eric Schimpf to serve as presidents and co-heads of its subsidiary Merrill Wealth Management. They will report…

Bank of America to be presenting partner of Boston Marathon

March 31, 2023

The Boston Athletic Association has announced Bank of America will be the presenting partner for the Boston Marathon starting in 2024, according to a press…

Member Access Processing to offer cash recycling

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

March 30, 2023

Member Access Processing, a card processing company for credit unions, has announced it will install cash recycling at its ATMs. With this feature, the ATM…

Congress grills bank regulators following SVB collapse

March 29, 2023

The Senate Banking Committee grilled bank regulators on March 28 regarding the collapse of Silicon Valley Bank and Signature Bank. Several senators including…

Simmons Bank opens Crescent Center branch in Memphis

March 29, 2023

Simmons Bank has opened a Crescent Center branch in Memphis, Tennessee. The 5,500-square-foot location features two drive-thru lanes, an ATM and is staffed by…

Strike delivers money transfers from US to Vietnam

March 29, 2023

Strike, a digital payments platform built on the Bitcoin Lightning Network, has introduced money transfers from the U.S. to Vietnam. It partnered with Getbit…

Mastercard broadens availability of its services with Lusis Payments Partnership

Mastercard Security, Controls, Digital Enablement and Loyalty services to be streamlined to customers through single API. Partnership simplifies access to…

Expert shares insight into SVB collapse

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

There are many conflicting reports about why SVB fell apart and what it means for consumers in general. To gain insight into what actually happened, and how…

First Citizens Bank to acquire SVB amid turmoil

March 28, 2023

First Citizens Bank has signed an agreement to purchase Silicon Valley Bank from the Federal Deposit Insurance Corp.

Merchants National Bank to digitize lending

March 28, 2023

Merchants National Bank, based in Ohio, has partnered with Teslar Software to digitize lending processes with automated workflows, according to a press release.

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…

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…

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…

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.