US Bank deploys smart assistant to boost digital banking

by David Jones — Editor, Networld Media Group

US Bank is deploying natural language processing and AI-based technology to move more of its retail banking business onto the mobile banking app.

Bay Bank to open first branch on Menominee Reservation

July 28, 2020

Wisconsin-based Bay Bank, which has two branch locations in Wisconsin as well as several ATMs owned by the Oneida Nation, will open a branch on the Menominee…

Who is that masked man and has he been mandated to wear that mask?

by Pat Shea — Editor, NetworldMedia

Face masks are mandatory now at many retail stores and restaurants as a defense against contracting the coronavirus. But for banks, mandating masks can be a…

UMB targets fintechs for its ‘Banking as a Service'

July 24, 2020

UMB Bank, a subsidiary of UMB Financial Corp. is launching a phased approach to its Banking as a Service program which targets fintechs throughout the U.S.

Kinecta, Xceed plan 2021 credit union merger

July 20, 2020

Kinecta Federal Credit Union and Xceed Financial Credit Union plan to merge in the first quarter of 2021, and it would create the eighth largest credit union…

Bank offers bonus for coins

July 20, 2020

Wisconsin's Community State Bank has launched a Coin Buy Back program offering a $5 bonus for every $100 worth of coins turned in to any of its seven branches…

Bill seeks to modify PPP loan forgiveness

July 17, 2020

A bill known as the Paycheck Protection Small Business Forgiveness Act has been introduced to the Senate to modify loan forgiveness under the Paycheck…

MoneyLion launches RoarMoney banking app with Mastercard

July 15, 2020

MoneyLion has teamed up with Mastercard to launch a mobile banking service called RoarMoney, which provides an on-demand deposit account with access to…

JPMorgan Chase posts record revenues for second quarter

July 15, 2020

In news that surprised Wall Street, JPMorgan Chase posted a record $33.8 billion in second quarter revenue, thanks to some serious preplanning by CEO Jamie…

Stop Cash Distribution Costs from Rising

Cash distribution for a bank is a huge cost, and the recent unexpected impact of the COVID-19 crisis creates greater urgency to reduce costs and improve…

#NextGenBranch: the Next Generation of Bank Branches

As such an unprecedented global event, the COVID-19 pandemic has thrown into the air a lot of questions about the future of banking.

Massachusetts’s Rollstone Bank & Trust reopens bank lobbies

July 14, 2020

After months of being closed due to the coronavirus, Rollstone Bank & Trust has reopened its branch lobbies throughout northeastern Massachusetts but with…

Republic Bank hires Pedro Bryant to lead $3M community loan fund

July 14, 2020

Pedro Bryant has been hired by Republic Bank & Trust to serve as executive vice president, managing director of community lending, according to a press…

Banks expect major losses in second quarter

July 13, 2020

America's banks are braced for poor second quarter results that are due this week, according to a CNN report.

Wells Fargo to cut thousands of jobs

July 10, 2020

Wells Fargo is planning to cut thousands of jobs starting later this year, according to a report in the New York Post.

Effective cash management: how you can cut ATM ownership costs

by Daniel Dawson

How does your company manage its cash? Finding a cash management system can not only help you save costs, but save time as well.

Live webinar: Assessing COVID-19 impact on customer interaction, satisfaction

by Pat Shea — Editor, NetworldMedia

July 9, 2020

ATM will host a live webinar July 16 on exploring how COVID-19 is impacting customer satisfaction and the way they perceive and interact with a preferred…

Coronavirus surge closes Bank of America branches

July 9, 2020

Bank of America has temporarily closed some branches in California and Florida due to a resurgence of the coronavirus in those states.

Advantech launches thermal screening system

July 9, 2020

Advantech, a provider IoT intelligence systems and embedded platforms, has launched its visitor thermal screening system as part of its AI-based infection…

Senators introduce bill to require cash acceptance

July 9, 2020

U.S. Senators Kevin Cramer, R-North Dakota and Bob Menendez, D-N.J., Senate Banking Committee members, have introduced the Payment Choice Act, S.4145, a…