Bank / Credit Union News & Media
BMO Harris Bank to reduce fees for consumers, businesses
July 8, 2022
BMO Harris Bank is eliminating non-sufficient funds and overdraft transfer fees. In addition, the bank will cut overall overdraft fees to $15 per occurrence…
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Cash logistics market to reach $15B
July 7, 2022
The cash logistics market is expected to reach $15.84 billion from 2020 to 2025, growing at a compound annual growth rate of 10% according to a press release…
read nowBank of London partners with SAP Fioneer for transaction banking, clearing
July 7, 2022
The Bank of London has partnered with SAP Fioneer, a financial services software provider, to offer an integrated global clearing and transaction banking…
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FinCEN clarifies banks' risk based approach for independent ATMs
July 6, 2022
The Financial Crimes Enforcement Network of the U.S. Department of Treasury has issued a statement to provide clarity to banks on how to apply a risk-based…
read nowFifth Third meets stress capital buffer requirement
July 6, 2022
Fifth Third Bancorp. has released its indicative stress capital buffer requirement, which is currently at the minimum level of 2.5%, according to a press…
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Cryptera secures PCI 6 certification for encrypting PIN pads
July 6, 2022
Cryptera, a provider of encypting PIN pads to the kiosk, ATM and fuel pump industries, has received international certification from PCI Payment Card Industry…
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Keeping employees, technicians safe during ATM crime wave
by David Dixon — Vice President Sales - Financial Division, 3SI Security Systems
As ATM robberies continue to rise, ATM technicians and bank employees are often caught in the crossfire. How can banks protect their employees from harm?
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Marquette Bank awards 60 scholarships to students
July 1, 2022
Marquette Bank, a Chicago-based bank, has awarded individual scholarships of $2,500 to 60 graduating seniors. School guidance counselors and principals…
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Southern First Bank opens headquarters in Greenville, South Carolina
July 1, 2022
Southern First Bank has opened its corporate headquarters in Greenville, South Carolina. This location will offer ITMs, which will provide video banking for…
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First National Bank delivers ITMs, financial education to Slippery Rock University
June 30, 2022
First National Bank, a subsidiary of F.N.B. Corp., has partnered with Slippery Rock University in Pennsylvania to deliver banking services and financial…
read nowBank of America offers virtual account management to US companies
June 30, 2022
The Bank of America has expanded its Virtual Account Management solutions to companies in the U.S. With this service, companies can open virtual accounts to…
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Citizens unveils early paychecks, eliminates non-sufficient funds fees
June 29, 2022
Citizens Financial Group Inc. is debuting a Paid Early tool to allow customers to get paychecks several days in advance. It also plans to eliminate all…
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CULA partners with UNIFY Federal Credit Union on vehicle leasing program
June 28, 2022
Credit Union Leasing of America is partnering with UNIFY Financial Credit Union to launch an indirect vehicle leasing program in Southern California, according…
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ATM servicing: Simple solutions to common problems
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
When it comes to ATM servicing, the same issues tend to pop up again and again. For example, ATMs often get jammed, or the power might drop due to the fact the…
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Big banks pass stress test, raise dividends
June 28, 2022
Morgan Stanley, Goldman Sachs, Bank of America and Wells Fargo all have cleared their annual stress tests.
read nowThe Cash Management Crunch Resolved by Auriga
Auriga addresses cash management optimization from two directions. From one hand, WWS Cash Management, Auriga’s multivendor and multichannel solution, helps…
Presented by Auriga
download nowBMO Harris Bank boosts prime lending rate to 4.75%
June 27, 2022
BMO Harris Bank has announced it will increase its U.S. prime lending rate from 4% to 4.75%, according to a press release.
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Global ATM market to reach $28B in 2026
June 27, 2022
The global ATM market will reach $28.82 billion in 2026, according to a press release from ResearchAndMarkets.com. The industry will grow at a compound annual…
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JPMorgan to cover employee travel expenses to obtain abortions in wake of Roe
June 24, 2022
In wake of the U.S. Supreme Court's decision to overturn Roe v Wade, JPMorgan Chase & Co. has announced it will cover travel expenses for U.S. based…
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NYC robber steals $200K from open ATM
June 24, 2022
A man in New York City allegedly stole $200,000 from an ATM at the Midtown TD Bank when he saw that the money storage compartment had been left open. He first…
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