UK banks accused of failing the environment

September 11, 2020

Only two out of the U.K.'s 36 main banks have plans to reduce their carbon footprint in a timely fashion, according to a Finextra report.

Live Webinar: Retail banks, rethink the cost of your cash distribution network

by Pat Shea — Editor, NetworldMedia

September 10, 2020

ATM Marketplace is hosting a webinar on Sept.17 that will look at dealing with a "less-cash" society instead of a cash-less one. It's time for retail banks to…

Citi appoints Jane Fraser CEO

September 10, 2020

Jane Fraser, a 16-year veteran of Citibank and the head of the company's global consumer banking unit, will be Citi's next CEO, making her the first female…

National Australia Bank launches interest-free credit card

September 10, 2020

The National Australia Bank is debuting its NAB 'StraightUp' card that provides access to staged credit limits up to a maximum of $3000 for a flat monthly fee…

JPMorgan investigates misuse of PPP funds by employees, clients

September 10, 2020

In an internal memo to more than 250,000 staff members, JPMorgan Chase's operating committee, led by CEO Jaime Dimon, announced it is investigating the role of…

Lloyds resumes job cutting plan

September 9, 2020

U.K. bank Lloyds is eliminating 865 jobs as part of a restructuring plan that had been put on hold at the start of the coronavirus pandemic.

Two banks join Dolphin Debit

September 8, 2020

Blue Grass Valley Bank, and Bank of Zachary are hiring Dolphin Debit to manage ATMs

AI-based forecasting tool reduces cash replenishment trips

September 8, 2020

HSBC is introducing its iCash AI withdrawal forecasting tool for the ATM industry.

National Credit Union Federation of Korea donates masks worldwide

September 8, 2020

The World Council of Credit Unions is receiving a donation of 40,000 masks from the National Credit Union of Korea.

Report urges debit, credit cards to go green

September 8, 2020

Financial institutions and credit card companies are being urged to go green in order to cut plastic waste and meet consumer expectations regarding…

Alabama One CU purchasing First Bank of Linden

September 4, 2020

Alabama One Credit Union in Tuscaloosa, Alabama, has agreed to buy First Bank of Linden in Linden, Alabama.

Bogota Savings, Gibraltar Bank merge

September 4, 2020

Bogota Financial Corp., the holding company for Bogota Savings Bank and Gibraltar Bank announced that the two banks will be merging. The merger is expected to…

Jiko acquires bank to deploy money platform

September 4, 2020

Jiko Group, Inc. has completed its acquisition of Mid-Central National Bank, formerly Mid-Central Federal Savings Bank, headquartered in Wadena, Minnesota

Let the buyer be aware: keep your supplier in the loop

by Pat Shea — Editor, NetworldMedia

How important is your supplier relationship? When it come to paying suppliers, especially in today's current economy, many business owners don't always look…

Remote work may outlast the pandemic for banks, credit unions

September 3, 2020

Working remotely during the pandemic was initially supposed to be a short-term solution to a temporary problem, however, some banks and credit unions have no…

Monzo dials up fees to reduce ATM costs

September 2, 2020

London-based fintech Monzo is about to hit its 4.4 million account holders with a 3% charge for ATM withdrawals over £250 (US $335) per month and a £5 fee (US…

Credit card fraud is on the rise — are your customers safe?

by Greg Mahnken — Credit Industry Analyst, Credit Card Insider

Greg Mahnken is a Credit Industry Analyst for Credit Card Insider and covers important topics such as fraud, security and responsible card use. With the rise…

First US install of CIMA CashUp software deployed at federal credit union

September 1, 2020

Vita Lansworth, an entity of Vita Lansworth Enterprise Solutions, is the U.S. Distributor for CIMA Teller Cash Recyclers and has announced that 1166 Federal…

Woodforest National Bank celebrates 40 years with branch openings

September 1, 2020

Alabama-based Woodforest National Bank has opened two branches, one located in Foley, Alabama, and the other in Birmingham. Both branches will offer a range of…

Consumer Bureau examines pandemic impact on credit

September 1, 2020

The Consumer Financial Protection Bureau has issued a report examining the early effects of the COVID-19 pandemic on consumer credit.