Bank / Credit Union News & Media
Self-service banking to feature front and center at Bank Customer Experience Summit
by Bradley Cooper — Editor, Connect Media
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.
read nowMidflorida 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.
read nowWells 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, Connect Media
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…
read nowKiller 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…
read nowBMO 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…
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