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Bank / Credit Union News & Media

Link ATM network calls halt to interchange fee reductions

July 20, 2018

Link, the U.K.'s primary ATM network, has given ATM operators and end-users a "semi-reprieve" from a program of deep cuts to interchange fees that…

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Hyosung, CFM solution integrates cash-recycling ATMs, TCRs with core banking platform

July 20, 2018

Hyosung America has announced a new partnership with CFM, a core-integrated cash recycling platform designed to streamline cash recycling operations between…

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'Erica, why do I need a mobile wallet?': Active use of AI in banking depends on the value proposition

by Will Hernandez — Editor, NetWorld Media Group

Bank of America announced on Friday that its mobile virtual assistant, "Erica," has now been adopted by 2 million customers. But will they stay on as active…

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LA credit union adds Co-op ATM terminal-driving services

July 16, 2018

Los Angeles-based Water and Power Community Credit Union has contracted with Co-op Financial Services for products addressing member needs at virtually every…

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BofA touts uptake of mobile banking solutions

July 16, 2018

Bank of America has announced that Erica, its artificial intelligence-driven virtual financial assistant, now has more than 2 million users. According to a…

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CPI, CBS partner on end-to-end instant issuance solution for CUs

July 12, 2018

CPI Card Group, a provider of EMV chip cards and related services, and Commercial Business Systems, a provider of software and IT services for credit unions…

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IBM study calculates hidden costs of data breach

July 12, 2018

IBM Security has released a global study examining the full financial impact of a data breach on a company's bottom line.

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Diebold, MasterCard partnership to offer managed self-service solution for FIs, merchants

July 12, 2018

Diebold Nixdorf and MasterCard have partnered to deliver a managed solution for the banking and retail sectors.

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Co-op outlines 7 strategies for CUs seeking digital transformation

July 11, 2018

A new white paper from Co-op Financial Services, Seven Strategies to Accelerate Your Digital Transformation, offers guidance for credit unions looking to…

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Florida FI to implement MasterCard Send for near real-time funds disbursement

July 11, 2018

MasterCard is partnering with Florida Capital Bank N.A. to facilitate the near real-time disbursement of funds to all branded debit cards in the U.S. by…

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Study ranks checking, ATM fees in 50 US markets

July 9, 2018

A new study by DepositAccounts.com has analyzed checking account fee data from more than 1,700 financial institutions in 50 major markets in the U.S. to…

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A quantum leap: How will banks cope with tomorrow's tech?

Last century, one of most dramatic changes to the banking ecosystem was the integration of digital technology, both with back office and customer-facing…

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Kenyan FIs hone their competitive edge with cash-recycling ATMs

July 6, 2018

Nairobi, Kenya-based Prime Bank will install cash recycling ATMs at Naivas Supermarket locations in the capital city, a move expected to reduce the cost and…

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NRT acquires US Bank casino-based ATMs

July 2, 2018

NRT Technologies Inc., a provider of payment systems and financial self-serve kiosks for the gaming industry, has acquired the gaming ATM assets of U.S. Bank…

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HSBC rolls out 'social humanoid robot' Pepper

July 2, 2018

HSBC Bank USA N.A. and SoftBank Robotics America, the North American arm of SoftBank Robotics Group, have partnered to bring Pepper, the "social humanoid…

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Partnership promises secure, streamlined digital ID for CU members

June 29, 2018

ThreatMetrix, a LexisNexis risk solutions company, and Lumin Digital, a cloud-based digital banking provider launched in April by PSCU, have forged an alliance…

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Mobile banking use is skyrocketing ... Now what?

Consumers regularly log onto mobile banking to conduct routine tasks. But to keep people engaged and foster brand loyalty, banks need to constantly expand the…

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Dollar Bank taps Fiserv to update digital banking, payment capabilities

June 28, 2018

Dollar Bank, the nation's largest independent mutual bank, has tapped Fiserv Inc., a provider of financial services technology solutions, to update its digital…

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FIS, TCH team to offer automated solution for RTP precertification

June 27, 2018

FIS, a provider of financial services technology, has struck an agreement with The Clearing House to provide technology to speed up testing and certification…

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