US Bank switches on third-party data sharing with Akoya

November 17, 2020

US Bank has joined the Akoya Data Access Network to speed up its transition from login-based screen scraping to API-based data access for customer account…

Deutsche Bank expects digital currency to replace cash long-term

November 13, 2020

Deutsche Bank, the largest banking institution in Germany, believes central bank digital currencies will replace cash in the future.

HSBC, Biz2Credit launch streamline banking for small businesses

November 13, 2020

HSBC Bank USA, N.A., part of HSBC Group, is working with Biz2Credit and using its Biz2X Platform to speed up the approval of small business credit applications…

Bangor Savings Bank and Damariscotta Bank & Trust to merge

November 13, 2020

Maine-based Bangor Savings Bank and Damariscotta Bank and Trust Company received final approval from the Federal Deposit Insurance Corporation to merge…

Alinma Bank, JCB International form partnership

November 12, 2020

Alinma Bank has partnered with JCB International Co. Ltd., Japan's only international payment brand, to enable the acceptance of JCB Cards through its POS and…

Dolphin Debit becomes endorsed member of the CBA

November 12, 2020

Dolphin Debit, a full-service ATM management company and subsidiary of Euronet Worldwide, Inc, is now an endorsed member of the Colorado Bankers Association…

US Bank’s AP Optimizer simplifies account processing

November 11, 2020

U.S. Bank has introduced the AP Optimizer, a digital tool that simplifies and transforms invoice processing and payments for businesses within a single system.

Oportun, MetaBank announce partnership

November 11, 2020

Oportun, a community financial institution, announced a partnership with MetaBank, N.A., a South Dakota-based national bank, to make affordable personal loans…

Norway's cash transactions plummet

November 10, 2020

Norway's central bank, Norges Bank, conducted a study that shows that cash is being used for just 4% of transactions in Norway.

BMO launches AI-powered cashtrack tool

November 9, 2020

The Bank of Montreal has added an AI-driven feature, the BMO CashTrack Insight, to its PFM platform that helps customers identify potential cash shortfalls.

CNB to open Geneva, NY branch

November 6, 2020

Canandaigua National Bank & Trust announced plans to open its 25th community branch office in Geneva, New York in 2021.

Google Pay expansion includes 89 small banks and credit unions

November 6, 2020

Google Pay has expanded its availability and is compatible with 89 additional financial institutions across the U.S. according to a report in Talk Android.

HSBC to launch rival to Transferwise

November 6, 2020

HSBC is launching its Global Money Account, a free mobile-based, real-time service that customers can use to hold, manage and send funds in various currencies…

App benefits Bank of America's enterprise

November 5, 2020

Bank of America offers a unique and competitive feature for customers; Erica, a digital personal assistant for consumer banking clients with two main…

Syria’s president blames economic trouble on Lebanese banks

November 5, 2020

Syrian President Bashar Assad said much of his country's current economic distress is a direct result of the banking crisis in neighboring Lebanon, where many…

ATM withdrawals jump during England’s second lockdown

November 4, 2020

Cash withdrawals from ATMs have jumped since the second national lockdown in England was put into effect last week according to report in Yahoo Finance.

United Educators Credit Union partners with CO-OP Financial Services

November 4, 2020

Minnesota-based United Educators Credit Union is partnering with CO-OP Financial Services for debit and full-service credit processing. The $212 million…

JPMorgan warned another regulatory fine is underway

November 4, 2020

After paying a record $920 million in September to settle investigations from three federal agencies over its role in the manipulation of global markets for…

India's ICICI Bank to charge fee to ATM users

November 3, 2020

India's top financial institution, ICICI Bank, has announced that effective immediately, all customers will be required to pay a "convenience fee" of $0.67 for…

Cash in hand: Consumers' post-pandemic view of cash

Data from the Federal Reserve indicates consumers have a lot of cash on their hands as a result of the pandemic. Most have used cash while paying in person…