Bank / Credit Union News & Media
BayFirst National Bank brings on senior VP
November 17, 2022
BayFirst National Bank, a subsidiary of BayFirst National Bank based in St. Petersburg, Florida, has brought on Adam Curtis to serve as SVP, market executive…
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Diebold Nixdorf partners with Alhamrani Universal for ATM services
November 16, 2022
Diebold Nixdorf has signed a contract with Alhamrani Universal, a fintech provider in Saudi Arabia, to connect ATMs to the DN AllConnect Data Engine. With this…
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Examining pros, cons of banks and cryptocurrency
by Bradley Cooper — Editor, Connect Media
Cryptocurrency has come a long way since its humble beginnings. Is it time for banks to take the plunge into cryptocurrency?
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Al Gore calls on World Bank to reject 'fossil fuel colonialism'
November 15, 2022
Former U.S. Vice President Al Gore said the World Bank, an international financial institution under the United Nations, needs to reform by ending its role in…
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Wings Financial Credit Union inks acquisition of Settlers Bank
November 15, 2022
Wings Financial Credit Union, based in Minnesota, has reached an agreement to purchase Settlers Bank from SB Bancorp Inc.
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Andrews Federal Credit Union to help members fight inflation with savings certificate
November 15, 2022
In order to help members combat inflation, Andrews Federal Credit Union has launched an Inflation Buster Share Certificate, a seven-month 5.00% APY savings…
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Chase expands $5K Homebuyer Grant program
November 14, 2022
JPMorgan Chase's Home Lending is expanding its $5,000 Homebuyer Grant program to 5,000 Hispanic communities in 20 markets. With this grant, families can pay…
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Mortgage rates surpass 7%
November 14, 2022
Average 30-year mortgage rates have reached 7.08%, according to Freddie Mac's Primary Mortgage Market Survey. Last year the average was 2.98%, according to a…
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Ways banks are finding, and retaining, talent
by Bradley Cooper — Editor, Connect Media
Banks are rethinking branch strategies in light of consumers wanting financial advice at branches instead of traditional banking services. However, a challenge…
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Republic Bank to open branch in Pennsylvania
November 11, 2022
Republic Bank, a subsidiary of Republic First Bancorp Inc., will open a location in Broomall, Pennsylvania, its third location in Delaware County. It will…
read nowBerkely intros wireless tool to prevent skimming
November 11, 2022
Berkely Varitronics Systems Inc., has introduced its BlueSleuth-Pro Bluetooth and BLE locator to help users locate unsecured wireless devices such as card…
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Millennials beat out Gen Z for fintech adoption
November 9, 2022
Millennials lead the way when it comes to fintech adoption, beating out Gen Z, according to a study by FIS.
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What does the future hold for ATMs, branches post COVID?
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
COVID-19 impacted every industry, including banking and consumer expectations. What role with ATMs and branches play in the post-COVID world?
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Capco partners with Plaid to combo open finance with analytics
November 8, 2022
Capco, a technology and management consultancy specializing in the financial industry, has partnered with Plaid, a digital financial ecosystem company, to…
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Banks report $1B in ransomware payments
November 8, 2022
Banks have reported that users paid more than $1 billion in ransomware payments in 2021, more than double from 2020 and the largest amount ever reported in a…
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Bank branches must innovate to meet customer's needs
by Bradley Cooper — Editor, Connect Media
Whether fair or unfair, the banking world often has the reputation of being slow to change or follow trends in other industries. Despite this reputation, the…
read nowCredit Union 1 partners with Total Expert for member engagement
November 4, 2022
Credit Union 1, based in Illinois, Indiana and Nevada, has partnered with Total Expert to integrate its CRM and member engagement platform across its retail…
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Bandits target Indiana ATM with chain attack
November 3, 2022
Bandits tore an ATM off its base at a Centier Bank drive-thru lane in Crown Point, Indiana. Police say the suspects used a chain and truck attack, according to…
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Federal Home Loan Bank of Chicago partners with housing counseling agencies
November 2, 2022
The Federal Home Loan Bank of Chicago has partnered with a number of local housing counseling agencies to offer services to minority and low-to-moderate income…
read nowRepublic Bank promotes EVP, chief lending officer
November 2, 2022
Republic First Bancorp Inc., the parent company of Republic Bank, has appointed Steve McWilliams to EVP, chief lending officer. He previously served as market…
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