Bank / Credit Union News & Media

Regions Bank creates corporate finance team

July 20, 2022

Regions Bank has created a Commercial Corporate Finance Team to help connect business leaders with resources and guidance on financing alternatives, risk…

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Banks show no major signs of recession

July 19, 2022

In recent months, there has been a lot of talk of a recession, but big banks are showing no major signs of weakness ahead of a recession, according to a report…

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Emirates NBD Group partners with BNY Mellon to boost UAE's capital markets

July 15, 2022

BNY Mellon, a global financial institution, has partnered with Emirates NBD, a banking group in the Middle East, North Africa and Turkey region, to boost the…

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Self-service banking to feature front and center at Bank Customer Experience Summit

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

Self-service banking will be a major topic at the upcoming Bank Customer Experience Summit, being held in Chicago from Aug. 31 to Sept 1. In fact, an entire…

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Bank of America to redeem senior notes

July 14, 2022

Bank of America will redeem $1.5 billion of the principal amount of its 2.86% fixed/floating rate senior notes on July 21, according to a press release.

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Citi to deliver improved account management

July 14, 2022

Citi is partnering with Saphyre, a fintech company, to provide better account opening and management services.

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BMO Harris boosts minimum wage to $20 an hour

July 14, 2022

BMO Harris Bank is increasing its minimum wage for all full and part-time branch and Customer Contact Center employees to $20 an hour beginning on Aug. 7.

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Midflorida Credit Union partners with Upstart for personal loans

July 13, 2022

Midflorida Credit Union, has partnered with Upstart, an AI lending platform, to offer personal loans to Floridians, according to a press release.

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Wells Fargo brings on CEO of consumer lending

July 13, 2022

Wells Fargo has appointed Kleber Santos as CEO of consumer lending. In the role, Santos will lead the entire consumer lending business including home, auto…

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Regions Bank exec to cover future of bank branches at Bank Customer Experience keynote

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

The opening keynote for the Bank Customer Experience Summit, being held in Chicago from Aug. 31 to Sept. 1, will examine the future of bank branches.

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Chinese authorities crush depositor protest following bank asset freeze

July 12, 2022

Chinese authorities crushed a peaceful protest by hundreds of bank customers in the city of Zhengzhou. The protestors were aiming to get back their life…

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Killer of Maryland ATM operator still at large a year later

July 11, 2022

Kenneth Gerstley, 58, sales VP for ATM Enterprises, was shot in January 2021 while servicing an ATM in West Baltimore, Maryland. However, his killer still…

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Chase intros website to promote electric vehicle tools, resources

July 11, 2022

Chase has launched a website called Electric Vehicle Education Center to provide information for customers on purchasing electric and hybrid vehicles. The…

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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…

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Bank 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…

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Fifth 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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