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Bank / Credit Union News & Media

New Zealanders will be seeing fewer ATMs around, expert says

April 23, 2018

The elimination of off-us ATM transaction fees and reduced cash use will have the combined effect of driving down the number of ATMs in New Zealand, according…

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Co-op Financial Services names Jim Hanisch president of Co-op Network

April 23, 2018

Co-op Financial Services has named Jim Hanisch as president of Co-op Network, with responsibility for long-term strategy and implementation of the expanding…

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Is your ATM business missing out on social media sales?

by Alicia Blanda — Chief Marketing Officer, Blanda Marketing & Public Relations

Studies indicate that social media users spend 20–40 percent more with companies that engage with them via social media — and they rely on social media…

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4 major US banks tap A2iA for check verification, fraud detection solution

April 20, 2018

A2iA Corp., a developer of AI- and machine learning-based software for data capture, document processing, and payment systems, has announced deals with four of…

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Virtual tellers: The future of branch banking or captives of the 'Uncanny Valley'?

Some banks are now looking to extend online, AI-driven chatbots into their branches as virtual tellers. But to make it work, they'll have to solve the "uncanny…

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Hyosung opens new tech training center in Texas

April 20, 2018

Nautilus Hyosung America has opened a new Corporate Learning Center in Irving, Texas.

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Banks using unvalidated consumer data in automated decision-making, report says

April 20, 2018

A new report from Accenture finds that many banks have not invested in the capabilities to verify the validity and accuracy of their data.

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Iowa bank taps Fiserv for solutions to increase efficiency, attract customers

April 19, 2018

Fiserv Inc., a provider of financial services technology solutions, has announced that Farmers & Merchants Savings Bank, based in Iowa City, Iowa, will…

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Independent deployers' big opportunity lies in bank ATM outsourcing, study finds

April 19, 2018

The ATM Industry Association and Tremont Capital Group, a consulting firm specializing in the ATM industry, have completed their analysis of independently…

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Mexican banks tap HID to deploy fingerprint ID for ATMs, account services

April 18, 2018

HID Global, a provider of trusted identity solutions, is driving biometrics adoption throughout Latin America — and particularly in Mexico, whose National…

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March Networks intros easy-mount CA2 Series cameras

April 18, 2018

March Networks, a global provider of intelligent video solutions, has introduced the CA2 Series HD analog cameras.

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ATMIA advocates for ATM industry interests during DC 'fly-in'

April 17, 2018

The ATM Industry Association held a two-day "fly-in" event last week in Washington, D.C. for eight meetings with lawmakers and staff representing members of…

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Springfield, Missouri's largest CU opts for Arca cash recyclers

April 17, 2018

BluCurrent Credit Union of Springfield, Missouri, an institution with more than $140 million assets and three branch locations serving nearly 20,000 members…

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US ATM users crave cardless cash access, M2M transfers

April 17, 2018

Cardless cash solutions for ATM withdrawals hold appeal for more than one-third of U.S. consumers (37 percent) and more than half of millennials, according to…

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Co-op upgrades ATM terminal driving with services aimed at 'digital first' users

April 13, 2018

Co-op Financial Services is rolling out enhancements to its ATM terminal driving solution, including new personalization capabilities and upgraded hardware and…

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Finnish FI's new fee structure favors customers who bank via mobile phone

April 13, 2018

Finland's Nordea bank is pushing — hard — to get customers to bank via mobile. The bank has said that it will increase its service charges for online banking…

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Capital One ATM fees 'unconscionable,' class action suit claims

April 13, 2018

A class action lawsuit filed April 6 charges that Capital One NA imposes unfair ATM fees on in- and out-of-network transactions.

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'We're not in Kansas anymore': Summit focuses on elevating CX in a digital banking world

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

With a lot of courage, heart and brains, Suresh Ramamurthi and his wife Suchitra Padmanabhan turned a failing bank into a fintech phenom in tiny Weir, Kansas.

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RBS ripped for tightening mobile bank, ATM service times

April 12, 2018

After receiving bitter criticism for shutting bank branches in small villages across Scotland, RBS is again under fire — this time for sharply limiting…

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FFIEC addresses potential role of cyberinsurance in FIs' risk mitigation programs

April 11, 2018

Members of the Federal Financial Institutions Examination Council have issued a joint statement regarding matters that financial institutions should consider…

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