Bank / Credit Union News & Media

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, Connect Media

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, Connect Media

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, Connect Media

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, Connect Media

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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NCR to separate into 2 companies

September 16, 2022

NCR Corp.will separate into two independent companies, with one focused on digital commerce and the other specializing on ATMs, according to a press release.

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Citizens partners with Feeding America

September 15, 2022

Citizens Financial Group Inc. has renewed its partnership for the fifth year with Feeding America, a hunger-relief organization. Through the partnership…

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Signature Bank to support climate-related financial disclosures taskforce

September 14, 2022

Signature Bank, based in New York, has announced it is a supporter of the Task Force on Climate-Related Financial Disclosures, a force established by the…

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TIAA Bank to deliver book donations with every Jacksonville Jaguars' touchdown

September 14, 2022

TIAA Bank, a division of TIAA, will donate 100 books to Read USA each time the Jacksonville Jaguars score a touchdown during the NFL season as part of a…

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Polish bank to deploy DN Series self-service solution

September 14, 2022

PKO Bank Polski, a Polish bank, has partnered with Diebold Nixdorf Inc. to implement the DN Series self-service solution to elevate in-branch experiences…

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