South State Bank to close 5 SC branches

August 12, 2020

South State Bank plans to close five South Carolina branches and 14 additional branches across its network in an effort to cut expenses after a $2.3 billion…

NY’s Five Star Bank consolidating branches

August 12, 2020

Five Star Bank is consolidating six branches in upstate, New York, due to a decline in customers using in-person services.

Survey: 60% of Americans using touchless payments to avoid cash

August 12, 2020

More than half, 54%, of Americans are worried about touching currency and coins due to the ongoing COVID-19 pandemic, and 60% plan to use touchless payments…

Ready, set, open? What financial institutions should consider as they open up to customers again

by Pat Shea — Editor, NetworldMedia

After months of discussions on how to operate following the coronavirus pandemic, many banks are starting to open lobbies to customers again. Before staff and…

Citizen's Bank offers customers 'curbside banking'

August 11, 2020

Citizens Bank in Florence, S.C. is offering customers a new way to get banking documents signed without getting out of the car: call-ahead curbside bank…

BOA's ATMs out of cash in Orange County

August 11, 2020

A surge in unemployed individuals using Bank of America's ATMs to withdraw unemployment payments have left several of those ATMs out of cash.

Payment Alliance International acquires Cash-N-Go ATMs

August 11, 2020

Payment Alliance International, Inc., a provider of ATM portfolio management tools and services, has acquired Cash-N-Go ATM Network Inc., a subsidiary of…

CF completes integration with Chemical

August 10, 2020

Chemical Bank may have completed its $3.6 billion merger with Detroit-based TCF Financial Corp. last year, but it just had the last of its 200 remaining…

Capital Bank upgrades digital banking platform

August 10, 2020

Capital Bank, N.A., based in Rockville, Maryland, has upgraded its digital banking platform to offer more options for customers. In particular, the platform…

Excuse me sir, but you have an ATM attached to your truck

by Pat Shea — Editor, NetworldMedia

An alarming amount of ATMs have been physically stolen from various locations across the country. What can the industry do to thwart these thefts?

PA's First Commonwealth Bank closing 29 locations

August 7, 2020

The First Commonwealth Bank in Leechburg, Pennsylvania, will close its doors December 11, along with 28 other branches in the state, including Tarentum…

Hyosung taps BranchServ as preferred partner

August 6, 2020

Hyosung America has created a distribution model to serve regional and community financial institutions. It consists of three channels to market, including a…

Banks tightening lending standards

August 4, 2020

Despite the Federal Reserve's encouragement to lend to those hardest hit by the coronavirus pandemic, a Federal Reserve survey indicates banks are getting…

SunTrust Robinson Humphrey, BB&T Capital Markets become Truist Securities.

August 4, 2020

Truist Securities has transitioned SunTrust Robinson Humphrey and BB&T Capital Markets over to its corporate name, creating a combined corporate and…

India's West Bengal ATMs running out of cash

August 3, 2020

ATMs in West Bengal, India, are running out of money. The private companies, outsourced by banks, to maintain and fill the ATMs are operating with skeleton…

Bank visibility is key in determining branch closings

August 3, 2020

As the aftereffects of the pandemic across the country come to light, bank customers may find branches that were temporarily closed may not reopen depending on…

Cash: Stop beating it up and promote its cost-effectiveness instead

by Daryl Cornell — President & CEO, Triton Systems of Delaware, LLC

With the onset of COVID-19, discussions on whether or not cash was safe to use appeared regularly in media outlets and on websites. Concerned, consumers and…

Maui to sue Bank of America over broken promise to native Hawaiians

July 31, 2020

Maui County plans to sue Bank of America for allegedly failing to make good on a 1994 promise to make $150 million in home loans to native Hawaiians.

CIMA debuts its most advanced Teller Cash Recycler, the AST9000

July 2020-- CIMA Cash Handling America has launched the AST9000, the most advanced, highcapacity teller cash recycler (TCR) in its popular family of products…

Hyosung introduces ATM disinfection upgrades

July 30, 2020

Due to the COVID-19 pandemic public demand for safety and cleanliness is essential. With that in mind, ATM manufacturer, Hyosung America, is introducing…