Bank / Credit Union News & Media
SVB, Signature Bank collapse raises questions
by Bradley Cooper — Editor, Connect Media
The collapses of SVB and Signature Bank have raised questions about the economy, the banking system, cryptocurrency and how banks should respond.
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Dolphin 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, Connect Media
How do organizations protect ATMs? Everyone involved needs to work closely together to solve this industry issue.
read nowGoDaddy, Worldpay partner to deliver small business payments
March 7, 2023
GoDaddy, a company that helps small businesses get started, has partnered with Worldpay by FIS to launch Commerce 360, an omnichannel payments solution for…
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ATM scammers use 'glue and tap' to steal funds
March 7, 2023
ATM thieves are targeting customers with a scam that involves glue and tap payments. A report by ABC 7 revealed scammers were targeting customers at multiple…
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EU to crack down on banks with male dominated boards
March 7, 2023
The European Banking Authority of the European Union plans to crack down on banks that have not implemented a policy to include more women in boardrooms. The…
read nowUS Bancorp invests in digital assets company Ownera
March 6, 2023
U.S. Bancorp is joining a funding round for Ownera, a tokenized asset fintech. Ownera aims to allow financial institutions to connect asset tokenization…
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Diebold Nixdorf CEO shares insights on banking, self-service
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Octavio Marquez, president and CEO of Diebold Nixdorf shared insights on self-service technology trends, the importance of cash recycling and more in an…
read nowUnion Bank upgrades to Baker Hill NextGen for loan origination, portfolio monitoring
March 1, 2023
Union Bank, a subsidiary of Union Bankshares Inc. based in Vermont, has expanded its partnership with Baker Hill, a financial technology company, to upgrade to…
read nowNeobank Comun raises $4.5M in funding round
February 28, 2023
Comun, a neobank, has raised $4.5 million in a funding round led by Costanoa Ventures. It plans to use the funds to build a financial hub to meet the needs of…
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TD Bank to pay $1.2B in Ponzi scheme lawsuit
February 28, 2023
TD Bank will pay $1.2 billion as part of a lawsuit to compensate victims of a Ponzi scheme from more than 10 years ago.
read nowAuriga partners with CMS Business Solutions for omnichannel banking, ATMs
February 28, 2023
Auriga, a banking software provider, has partnered with CMS Business Solutions, a Latin American fintech business, to deliver self-service omnichannel banking…
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TD Bank to deliver $50B to local communities through benefits plan
February 27, 2023
TD Bank has announced a five-year Community Benefits Plan in collaboration with the National Community Reinvestment Coalition. The plan will deliver an…
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Philadelphia robbers wanted for forced ATM withdrawal from victim
February 24, 2023
Philadelphia, Pennsylvania police are looking for information on several suspects who allegedly robbed a man at gunpoint in Old City. The robbers allegedly…
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