The Clearing House raises real-time payments maximum to $100,000

January 23, 2020

The Clearing House is quadrupling the maximum limit on the RTP network to $100,000. The increase, which starts Feb. 1, is due to increased participation and…

Pulse names EVP of product management

January 22, 2020

Pulse, a debit/ATM network owned by Discover Financial, has named Jennifer Schroeder as iexecutive vice president, product management. 

Temenos launches SaaS banking service in US to speed digital transformation

January 21, 2020

Temenos AG, a Geneva-based banking software company, announced the launch of its banking-as-a-service platform in the U.S., which it says can help launch a…

Hong Kong's DBS promotes wealth management app with celebrity hologram

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

DBS Bank recently tried to attract customers for its digital banking service...through holographic actors.

Persistent Systems, Gojoko team with AWS on community bank, credit union platform

January 15, 2020

India's Persistent Systems Ltd. and U.K.-based Gojoko Marketing Ltd. have created a digital lending platform to help community banks and credit unions rapidly…

BBVA and Nok Nok to implement FIDO security standard for mobile banking customers

January 14, 2020

BBVA and Nok Nok Labs, a firm that helped develop the Fast Identity Online standard, are partner ing to strengthen mobile banking security using biometric…

Alaska FCU to buy 7 Phoenix-area branches from TCF

January 10, 2020

Alaska USA Federal Credit Union announced a deal with TCF Financial Corp. to buy the seven TCF Bank branches, along with deposits and certain assets in the…

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…

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…

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…

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…

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…

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…

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…

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. 

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…

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.

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…

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…

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…