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Bank / Credit Union News & Media

Five County Credit Union partners with Co-Op to improve member experience

January 8, 2020

Five County Credit Union, a credit union based in Bath, Maine, is partnering with Co-Op Financial Services, a payments and fintech company, to improve the…

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Social media payments: An ally or adversary of banks

Many banks have increased overall focus on user experience within their digital ecosystems and have added new functionality like peer to peer payments into…

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Merging digital and in-person services for the next generation of banking customers

It’s important for banks to understand the demands of Gen Z consumers and plan ahead, in order to provide the services and capabilities that this next wave of…

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4 digital banking trends to watch in 2020

The growing phenomenon of direct, digital banking and Silicon Valley's entry into the payments business pose a series of challenges to traditional banks. NCR's…

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VyStar moves to FIS for card processing in growth push

December 18, 2019

In a major expansion of their work together, VyStar Credit Union, which is headquartered in Jacksonville, Florida, and is one of the country's largest credit…

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ProfitStars adds ALM solution to financial performance suite

December 17, 2019

ProfitStars, a division of Jack Henry & Associates Inc., announced Tuesday that it has expanded its financial performance suite to include a cloud-hosted…

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As people hoard cash, banks worry they may print too much

December 13, 2019

The world's cash supply is dwindling. Even though banks are issuing plenty of notes, people are taking cash out of the system and stuffing it away in sock…

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John Wiehoff joins US Bancorp board of directors

December 11, 2019

U.S. Bancorp's board of directors has elected John Wiehoff as a director of the company, effective Jan. 20, according to a company press release. 

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Safe Credit Union extends relationship with Fiserv

December 10, 2019

Fiserv Inc, a provider of financial services technology, announced Monday that Safe Credit Union, headquartered in Folsom, California, and serving the greater…

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Fifth Third Bank recovers from system outage Friday

December 9, 2019

Fifth Third Bank spent the weekend recovering from a network outage that caused banking issues on Friday.

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SunTrust, BB&T complete merger to form Truist

December 9, 2019

Truist Financial Corp., the new brand behind SunTrust Banks Inc. and BB&T Corp., announced today that the merger between the two banks was completed as of…

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Italy's UniCredit to cull 8,000 jobs, shutter 500 branches

December 5, 2019

Italy's largest bank UniCredit plans to cut 8,000 jobs and shutter 500 branches in an attempt to boost profits and shave 1 billion euro ($1.1 billion) in costs…

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Rural areas hardest hit by branch closings, the Fed says

November 27, 2019

More than half of U.S. counties lost access to bank branches between 2012 and 2017, with rural consumers hardest hit by the decline, the Federal Reserve said…

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Britain's TSB Bank to shutter 82 branches

November 27, 2019

Britain's TSB Bank announced Monday that it will close 82 branches next year in an effort to reduce costs by 100 million pounds ($128 million).  

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Australia's Heritage Bank inks 5-year services agreement with Diebold Nixdorf

November 25, 2019

North Canton, Ohio-based Diebold Nixdorf has penned a deal with Heritage Bank, Australia's largest customer-owned bank, to manage its entire fleet of Diebold…

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How open banking enables the digital economy

Open banking represents a huge opportunity for financial institutions. By creating ecosystems to develop new customer propositions and generate new revenue…

Presented by ATMmarketplace.com

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How video technology and AI are changing the way we bank

With technology, one plus one is often greater than two. AI and video technologies complement one another perfectly, and combining them can deliver tremendous…

Presented by ATMmarketplace.com

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Artificial Intelligence Technology: Auriga enables Banks to customise their offer and increase customer retentions

The company launches WWS Artificial Intelligence module to support banks in potentiating data, automating internal processes, reducing errors, and speeding up…

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3 Easy Tips for Banks to Appeal to the Over 55s

This is part two of our blog series, taking a deep dive into the generations that banks are at risk of neglecting, such as Generation Z. Our second instalment…

Presented by Auriga

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IberiaBank waives out-of-network ATM fees for clients using First Horizon ATMs

November 13, 2019

IberiaBank, the 132-year-old subsidiary of IberiaBank Corporation, announced Wednesday that it is waiving out-of-network ATM fees for its banking clients using…

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