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Bank / Credit Union News & Media

Lloyds Bank bets big on 'micro branches'

April 10, 2017

Following on the heels of announcements by HSBC and the Royal Bank of Scotland, Lloyds Bank has confirmed that it will be scaling down its branches in the U.K.

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The whys and hows of banks and the blockchain

The blockchain technology at the heart of the cryptocurrency bitcoin has opened up a number of possibilities for the banking industry. Here's what's in it for…

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How are you setting your ATM strategy?

Knowing that a million transactions happened at a location is not tremendously helpful if you don't have the particulars about what is driving consumer…

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FIs in western US a bit foggy on Fed's Faster Payments initiative

April 7, 2017

A survey of 430 financial institutions in the western part of the U.S. revealed low awareness and adoption of faster payments products, according to a press…

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New Mexico FI, C-store tap Cummins Allison for branded fleet

April 6, 2017

Southwest Capital Bank, a family-owned institution headquartered in Albuquerque, New Mexico, recently turned to Cummins Allison, a provider of ATMs and coin…

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Puloon EMV-ready ATMs certified by Switch Commerce

April 6, 2017

Puloon USA has certified its Sirius I and Sirius II ATMs with Switch Commerce, an ATM transaction processor serving more than 35,000 terminals nationwide…

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Co-op financial services acquires TMG, announces restructuring

April 4, 2017

Co-op Financial Services has acquired TMG and restructured its leadership, the credit union service organization announced on April 3.

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Court puts kibosh on Australian banks' boycott of Apple Pay

April 4, 2017

The Australian Competition and Consumer Commission has issued a determination denying authorization to the Commonwealth Bank of Australia, Westpac Banking…

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Cash deposit now standard at Standard Chartered Kenya ATMs

March 31, 2017

Customers of Standard Chartered Bank Kenya will soon be able to deposit cash to their accounts at any StanChart ATM in the nation.

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Video banking a plus for bankers, consumers alike

March 31, 2017

Vidyo, a provider of embedded video and video conferencing technology, Efma, an association of 3,300 retail financial services companies, and CUNA Strategic…

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Kaspersky Labs lists 5 ways for FIs to fight cyberattacks

March 31, 2017

The cost of a cybersecurity incident to a financial institution in the U.S. can be as much as $1,165,000, according to new data from Kaspersky Lab Financial…

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Building the ATM of the Future – What your customers want

Think about your local high street or town centre, what does it have in common with every town centre across the country? The same coffee shops? The same…

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Retail ATMs are again fraudsters' favorite target, FICO data finds

March 30, 2017

FICO reported Wednesday that the number of compromised card readers at U.S. ATMs, restaurants and merchants monitored by the Silicon Valley firm rose 3…

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HSBC joins major UK FIs in adopting VocaLink Pay by Bank app

March 30, 2017

U.K. payment systems provider VocaLink has announced that Pay by Bank app, the company's mobile payments service, will soon be available to customers of HSBC…

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Wisconsin FI taps Fiserv for core processing, biometric account holder ID

March 30, 2017

PyraMax Bank, a Greenfield, Wisconsin-based mutual savings bank, has partnered with Fiserv to modernize its retail banking operations and create a frictionless…

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KAL intros addition to Kalignite software family

March 28, 2017

KAL ATM Software has announced the launch of a new addition to its Kalignite family of software — KTH Terminal Handler.

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Declining branch traffic translates to 158 closures for RBS

March 28, 2017

Last month, HSBC announced that it would close 62 branches in the U.K., and RBS telegraphed that it might soon do the same, stating that it was looking to…

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Mobile bank funds fintechs in bid to reshape retail banking

March 28, 2017

MBank, a mobile-only financial institution based in Poland, has announced plans to set up the first fund in central and eastern Europe for the development and…

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Scotiabank, Cardtronics extend ATM branding agreement at 7-Eleven Canada stores

March 24, 2017

Cardtronics and The Bank of Nova Scotia have agreed to a long-term renewal of their ATM branding relationship in Canada.

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Unlocking the potential of self-service with smart ATMs

There needs to be a major change of mindset within many banks about the greater role that ATMs can play in improving customer experience and services. The…

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