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Bank / Credit Union News & Media

Truist inks acquisition of gamified finance mobile app Long Game

May 9, 2022

Truist Financial Corp. has officially acquired Long Game, a gamified finance mobile app. This app uses games to improve financial literacy and drive account…

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KeyBank to eliminate non-sufficient fund fees, reduce overdraft fees

May 5, 2022

KeyBank has announced it will eliminate non-sufficient fund fees and reduce overdraft fees. In particular, the bank won't charge overdraft fees for negative…

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Amrotec acquires patent for money counting, disinfection

May 5, 2022

Amrotec, a trademark of Amro-Asian Trade Inc., has acquired US Patent 11,321,988 for counting, denominating, sorting and then disinfecting currency with UV-C…

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KeyBank intros small business financial health tool

May 4, 2022

KeyBank recently introduced its Small Business Check-in tool, which allows businesses to see where they stand financially as well as examine goals and find new…

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Switzerland to consider changing banking secrecy laws due to UN pressure

May 3, 2022

The Swiss government is currently considering whether to change banking secrecy laws due to pressure from UN officials, who argue that these laws allow account…

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First Coast Federal Credit Union to merge with Vystar

May 2, 2022

First Coast Credit Union, based in Jacksonville, Florida, has announced an agreement to merge with Vystar Credit Union. Its almost 1,700 members will join…

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Dollar Bank expands in Virginia

April 29, 2022

Dollar Bank, a financial institution with more than 90 locations in Pennsylvania, Ohio and Virginia, has opened a location in Chesapeake, Virginia. At this…

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First Independence Bank opens Black-owned branch in Minneapolis

April 29, 2022

First Independence Bank, a Black-owned bank, has opened its first location in Minneapolis, Minnesota. This is the only Black-owned bank in Minneapolis…

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DNA match leads to arrest in 2020 ATM theft case

April 28, 2022

Police in Wichita Falls, Texas, recently arrested Jack McNeal for allegedly stealing and attempting to steal from ATMs in the Houston area. Law enforcement…

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Putting Zero Trust into Self Service Banking Cybersecurity

The European Banking Authority (EBA) issued this alert in its latest update to its risk dashboard following the Russian invasion of Ukraine. The EBA said…

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M&T Bank inks acquisition of People's United Financial

April 27, 2022

M&T Bank Corp. has officially acquired Peoples United Financial Inc. With this acquisition, the company will offer more than 1,000 branches and 2,200 ATMs…

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Blip Lab partners with TipHaus challenger bank to help restaurants

April 27, 2022

Blip Lab, a fintech, has partnered with TipHaus, a challenger bank, to deliver financial management tools for restaurant owners, managers and workers. TipHaus…

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Webinar to cover cash recycling strategy

April 27, 2022

A free webinar sponsored by Diebold Nixdorf and hosted by ATM Marketplace will cover cash recycling and automation. The webinar, which is entitled "Cash…

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Bank Customer Experience Summit keynote to examine future of branches

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

The opening keynote at the Bank Customer Experience Summit held in Chicago from Aug. 31st to Sept. 1st will cover the future of bank branches.

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ORNL Federal Credit Union partners with Alkami for digital banking

April 26, 2022

Alkami Technology Inc., a cloud-based digital banking company, is delivering its digital platform to the ORNL Federal Credit Union based in East Tennessee…

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UK faces fee-free ATM shortage

April 26, 2022

The U.K. is facing a shortage of fee-free ATMs, which is majorly impacting customers who use cash. In fact, 12,178 fee-free ATMs were removed since 2018…

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Bank of America finds spending up 11%

April 25, 2022

The Bank of America Institute recently found that spending is up 11% from last year in March, despite concerns over inflation. In addition, spending in the…

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Citizens Financial Group inks acquisition of Investors Bancorp

April 25, 2022

Citizens Financial Group Inc. recently completed its acquisition of Investors Bancorp Inc. With this acquisition, Citizens will add more than 200 branches in…

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First Entertainment Credit Union appoints CEO, president

April 22, 2022

First Entertainment Credit Union, a union for the entertainment industry, has appointed Stephen Owen as its president and CEO effective May 9. Prior to joining…

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Mortgage Connect inks acquisition of Adfitech

April 21, 2022

Mortgage Connect LP, a mortgage services provider, has officially acquired Adfitech Inc., a third-party review firm for mortgage services. The company plans to…

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