Bank / Credit Union News & Media

S&P downgrades credit ratings on 5 banks

August 22, 2023

S&P Global, a ratings agency, has cut its credit ratings on five banks. It downgraded Associated Banc-Corp. and Valley National Bancorp for funding risks…

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Cardless ATM market to reach $5.2B

August 22, 2023

The cardless ATM market is projected to grow to $5.2 billion by 2031, according to research from ResearchandMarkets.com. It will grow at a compound annual…

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Federal Home Loan Bank of Dallas delivers $1M for heir property issues

August 21, 2023

The Federal Home Loan Bank of Dallas introduced its Heirs' Property Program alongside $1 million for member institutions to help governmental and tribal…

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Final call to experience innovation at Bank Customer Experience Summit

by Bradley Cooper — Editor, Connect Media

This year attendees will experience innovation across banking, retail, hospitality and the restaurant spaces firsthand at the jointly held Bank Customer…

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PenFed Credit Union appoints 4 SVP roles

August 18, 2023

PenFed Credit Union, with $35.3 billion in assets, has appointed four senior vice presidents: Brian Kukwa, SVP of home lending technology; Andrea McCarren, SVP…

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Regions Bank integrates bill payment into Treasury Management

August 18, 2023

Regions Bank has integrated customer billing and communications into its Treasury Management platform. With this Mastercard and Nordis Technologies-powered…

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ChargeAfter partners with Wells Fargo for POS financing

August 17, 2023

ChargeAfter, an embedding lending platform provider, has partnered with Wells Fargo Retail Services, a division of Wells Fargo Bank to deliver point-of-sale…

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Banking glitch enabled customers to withdraw money without sufficient funds

August 17, 2023

A glitch in the Bank of Ireland's app and website allowed customers to withdraw funds at an ATM that they didn't have. Customers could transfer up to $1,090.2…

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Cardinal Credit Union becomes official union of Cleveland Browns

August 16, 2023

Cardinal Credit Union has become the official credit union of the Cleveland Browns NFL team. Through this partnership, the credit union will launch financial…

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NCR expands through separation into 2 companies

by Bradley Cooper — Editor, Connect Media

The ATM industry, typically a fairly conservative industry, has been experiencing major changes this year. One such change is NCR's separation into two…

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FDIC proposes changes for bank living will processes

August 15, 2023

The U.S. Federal Deposit Insurance Corp. proposed changes to how larger regional banks handle living wills in the event of a collapse, such as what occurred…

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Fitch warns of possible bank downgrade

August 15, 2023

Fitch Ratings has warned that banks, including JPMorgan Chase, may face ratings downgrades. It reduced its overall assessment of the banking industry's health…

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Vantage West Credit Union partners with Numerated for lending solution

August 15, 2023

Vantage West Credit Union, based in Arizona, partnered with digital business lending solutions provider Numerated to improve its lending process. With…

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Acadia Federal Credit Union integrates Glia platform for call center, digital service

August 15, 2023

Acadia Federal Credit Union, based in Maine, integrated Glia's Interaction Platform for phone and digital channels. The platform delivers a unified data view…

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MOCA Financial intros Patriot debit card for active military, veterans

August 14, 2023

MOCA Financial, a payment processing and virtual card provider, partnered with the Association of Military Banks of America to launch the Patriot debit card…

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Thieves destroy Wells Fargo ATM with excavator

August 14, 2023

Thieves destroyed an ATM at a Wells Fargo branch in Billings, Montana with an excavator but were unable to retrieve any cash. They allegedly stole the…

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California Credit Union, North Island Credit Union join ATM Allpoint Network

August 11, 2023

California Credit Union and its division North Island Credit Union have joined the Allpoint ATM Network, which will add 55,000 surcharge-free ATMs for its…

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Cash Depot intros Bank in a Box ATM, financial services solution

August 11, 2023

Cash Depot Ltd. has launched Bank in a Box, a cash management, ATM and consumer financial services solution. The solution combines a smart safe, cash recycler…

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First Bank joins NCR Allpoint ATM network, adds 200 ITMs

August 10, 2023

First Bank, which has $6.6 billion in assets, has joined NCR's Allpiont Network to allow customers to withdraw and deposit cash at retail locations, including…

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Robbers fail to steal ATM with forklift

August 10, 2023

Suspects failed to steal an ATM from North Highlands, California at a Safe Credit Union with a forklift. The suspects struggled to knock down the ATM with a…

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