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Bank / Credit Union News & Media

Dollars down the drain: How your ATM lock system could be costing you

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

A recent global survey of ATM deployers and service providers revealed that old-fashioned lock systems — and the manual processes associated with them — can be…

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BMO deploys Mastercard Send for cross-border payments

April 25, 2019

Mastercard has entered an agreement with BMO Bank of Montreal to implement Mastercard Send, which will allow faster cross-border payments for its…

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KeyBank, Diebold Nixdorf expand digital transformation partnership

April 25, 2019

Diebold Nixdorf Inc. has announced a continued collaboration with KeyBank NA to digitally transform more than 1,400 ATMs in the bank's network. 

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Spirion aims to resolve PCI DSS, FFIEC issues for FIs

April 24, 2019

Spirion, a provider of sensitive data protection, has released a complimentary PCI DSS 3.2 white paper and data risk assessment for financial institutions. 

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Cash deposit machine serves account holders of any bank

April 23, 2019

Life Tel Communication, a Chennai, India-based startup, has launched a cash deposit machine that accepts cash from any bank account holder, regardless of their…

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US Bank to expand retail banking to Charlotte, North Carolina

April 23, 2019

Minneapolis-based U.S. Bank is preparing to tread on Bank of America's turf with the opening this fall with a branch in Charlotte, North Carolina, its first in…

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Digital-only banks best traditional FIs in customer satisfaction, study finds

April 19, 2019

New research from FIS Inc., a provider of financial services technology, shows that digital-only banks have overtaken traditional financial institutions in…

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NBT Bank, Fiserv team to deliver digital services tailored to customer needs

April 18, 2019

Fiserv Inc., a provider of financial services technology solutions, has announced the implementation of its Fiserv Architect digital banking service for New…

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T-Mobile Money intros smartphone banking app with Allpoint ATM access

April 18, 2019

T-Mobile has officially made its long-anticipated return to banking, with the launch of T-Mobile Money, which offers a no-fee, interest bearing…

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Bank Customer Experience Awards competition now open

The annual awards honor financial institutions and fintech providers whose unique strategies and technologies are heightening the consumer experience.

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Canadian challenger bank Mogo to merge with fintech investment firm

April 16, 2019

Mogo Finance Technology Inc., a Canadian challenger bank, has entered an agreement to merge with Difference Capital Financial Inc., a specialty investment firm…

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Windows 10 ATM migration: The breaking point for banks?

by atm Atom — blogger, atmatom

Faced with another Windows OS migration, financial institutions are seeking relief from what seems like perpetual ATM upgrade expense and pathetically short…

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Cash management specialist Kyriba closes on $160M investment

April 12, 2019

Kyriba Corp., provider of a cash management platform for enterprises, has closed on a $160 million investment led by Bridgepoint, giving the private equity…

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Smartphone now the go-to digital banking choice of US adults

April 12, 2019

A newly released study from Aite Group shows that adult consumers in the United States under the age of 50 are far more likely to pick up their smartphone to…

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Coinbase teams with Visa to issue crypto debit card in UK

April 12, 2019

Coinbase, a U.K.-based virtual currency exchange, has announced the launch of Coinbase Card, a Visa debit card that lets customers in the U.K. spend crypto…

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FSS launches Voice Commerce banking solution for virtual assistants

April 12, 2019

FSS, a global payments technology company, has launched FSS Voice Commerce, a real-time voice banking platform. The solution will enable customers to conduct a…

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Dolphin Debit forms strategic alliance with Credit Union League of Connecticut

April 11, 2019

Dolphin Debit, a full-service ATM management company, has been named a strategic partner of the Credit Union League of Connecticut, a statewide nonprofit that…

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'It's time to rethink how we manage the cost of cash'

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

According to research firm McKinsey, the cost of cash — which represents 5–10% of a bank's overall operating cost — is rising, even as the use of cash is…

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Nice Actimize to provide AML solution for Varo Money mobile bank

April 9, 2019

Varo Money Inc., a San Francisco-based mobile bank, has chosen Nice Actimize to provide anti-money laundering protection technology, according to a company…

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Reduced operating hours at Taiwan c-stores a concern for ATM provider

April 9, 2019

President Chain Store Corp., operator of 5,300 7-Eleven stores in Taiwan, recently announced that 400 of the stores would no longer keep round-the-clock open…

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