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Bank / Credit Union News & Media

Fall 2022 Banking Product Launch

Fall 2022 Banking Product Launch

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Nedbank joins metaverse

October 3, 2022

Nedbank Group, a large financial services company in Africa, has partnered with Africarare, an African metaverse provider, to purchase a 12x12 village in…

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KeyBank updates consumer lending

September 30, 2022

KeyBank has partnered with Oracle to update its non-real estate consumer lending process. The bank will use Oracle Banking Originations to service loan…

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Maryland Terrapins selects SECU as official banking partner

September 30, 2022

The Maryland Terrapins, a NCAA football team, has named SECU, a Maryland-chartered credit union, as its official banking partner. Through the partnership, SECU…

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Fifth Third Bank intros service for mortgage bankers

September 29, 2022

Fifth Third Bank has launched Mortgage Warehouse Finance to support independent mortgage bankers. The service will originate or aggregate residential mortgage…

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Bank of America study reveals financial wellness tools reduce employee attrition

September 29, 2022

A majority of employers, 84%, report financial wellness tools can reduce attrition and 81% said the tools attract better employees, according to Bank of…

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Citizens to support wind power to match power consumption

September 28, 2022

Citizens Financial Group Inc. has entered a power purchase agreement with Orsted, a renewable energy product provider, to construct the Sunflower Wind Project…

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KeyBank intros services to help clients avoid overdraft fees

September 28, 2022

KeyBank has introduced its Key Coverage Zone, which will eliminate overdraft fees for customers that overdraw their accounts by $20 or less. In addition, the…

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Big banks hit with $1.8B fine for private messaging

September 28, 2022

The Securities and Exchange Commission has levied a dozen financial institutions with a $1.8 billion fine for allowing employees to use messaging apps to…

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Webinar to analyze 2022 ATM, self-service software trends

September 27, 2022

ATM Marketplace and KAL ATM Software have partnered for the 15th consecutive year to create the 2022 ATM and self-service software trends and analysis report.

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Delivering a first-class omnichannel banking experience

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

Banks have struggled to create omnichannel experiences. A panel entitled "Delivering an effective omnichannel experience to boost the customer's experience…

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Banks boost prime lending rates to highest rate since 2008 crisis

September 27, 2022

Banks have boosted their prime lending rates to the highest level since just prior to the financial crisis of 2008, following the Federal Reserve's decision to…

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JP Morgan partners with Cleareye.ai to power trade finance

September 26, 2022

JP Morgan has partnered with Cleareye.ai, an AI and machine learning intelligent platform provider, to drive trade finance innovation.

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How banks can measure return on experience

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

Everyone is familiar with return-on-investment, but at times that may not be the best or only thing a bank or company should measure. A panel at the Bank…

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Regions Bank intros early pay, protection line of credit

September 22, 2022

Regions Bank has introduced its Early Pay feature, which allows customers with direct deposit with a checking, savings, money market or Now Card to receive…

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Bakkt appoints chief accounting officer

September 21, 2022

Bakkt Holdings Inc., a digital asset platform, has appointed Chip Goodroe as chief accounting officer. Prior to joining Bakkt, Goodroe served as senior manager…

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Bank execs share innovative services at BCX Summit

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

Four presenters shared elevator pitches for innovative banking services products at the Bank Customer Experience Summit, held in Chicago from Aug. 31 to Sept 1.

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Congress to confront big banks on social issues

September 20, 2022

Lawmakers in Congress will be confronting the chief executives of JPMorgan, Bank of America, PNC, Citigroup, Wells Fargo and other big banks on a variety of…

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The Seymour Bank integrates lending automation platform

September 19, 2022

The Seymour Bank, based in Seymour, Missouri, has partnered with Teslar Software to deploy a lending process automation platform. With the platform, customers…

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Credit unions connect members to fintechs

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

Both banks and credit unions have struggled to keep up with changing consumer expectations. One credit union is addressing the issue by connecting members to…

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