Bank / Credit Union News & Media
Regulators fine Wells Fargo, other banks $549M
August 9, 2023
U.S. regulators are fining Wells Fargo and other banks $549 million for failing to keep proper records of employee communications.
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Piedmont Advantage Credit Union installs ATM at airport
August 8, 2023
Piedmont Advantage Credit Union, based in Winston-Salem, North Carolina, has installed an ATM at the Piedmont Trial International Airport in Greensboro, North…
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Citizens Bank deploys video ATMs at Stop & Shop
August 8, 2023
Citizens Bank has replaced several of its in-store locations at Stop & Shop supermarkets in Massachusetts with video ATMs. With these ITMs, customers can…
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Car crashes into stolen ATM in Sacramento
August 7, 2023
A stolen ATM created a major traffic incident when a car crashed into it on a road in Sacramento, California. The driver who hit the ATM claim criminals stole…
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Jeeves adds prepaid cards, cross-border payments
August 7, 2023
Jeeves, a fintech platform provider, has introduced prepaid cards and cross-border payments. Customers will be able to move money within Brazil, Colombia and…
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ITMs come to credit unions
by Bradley Cooper — Editor, Connect Media
ITMs are becoming a staple of credit unions, since they can use ITMs to expand their reach in a nontraditional way.
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Bank Customer Experience Summit early bird ends Aug. 11
August 4, 2023
Early bird pricing officially ends for the Bank Customer Experience Summit on Aug. 11. This event will be held in Charlotte, North Carolina from Sept. 12 to…
read nowUnion Bank of the Philippines adopts NCR's ATM-as-a-service
August 3, 2023
Union Bank of the Philippines has partnered with NCR Corp. to integrate its ATM-as-a-service solution. NCR will handle the maintenance and management of its…
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Chase to continue branch expansion in Carolinas
August 2, 2023
JPMorgan Chase has continued its expansion into North and South Carolina, with 48 branches currently. It plans to have more than 100 branches in both states by…
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Bank Customer Experience Summit to examine future of branches
by Bradley Cooper — Editor, Connect Media
Banks are dramatically changing their branch strategies, from shutdowns to redesigns. The Bank Customer Experience Summit will look at the cutting edge of…
read now1st Century Bank brings on managers from former First Republic Bank
August 1, 2023
1st Century Bank has hired Lyndsey Hudgins and Josh Rogge from the former First Republic Bank which was acquired by JPMorgan Chase earlier this year.
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Seacoast Bank selects NCR for ATM-as-a-service
August 1, 2023
Seacoast Bank, headquartered in Stuart, Florida, has selected NCR Corp. to upgrade its ATM fleet with its ATM-as-a-service solution. The bank has also joined…
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UK banks shutting down more than 1K accounts daily
August 1, 2023
Banks in the U.K. are shutting down more than 1,000 accounts per day, often with little to no explanation to customers. With the recent shutdown of…
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78% of European big banks saw data breach in 2022
July 31, 2023
Research from SecurityScorecard revealed that out of 240 of the biggest banks in the European Union, 78% saw a third-party data breach in the past year.
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Atlantic Union Bankshares to acquire American National
July 28, 2023
Atlantic Union Bankshares Corp. has entered into a merger agreement with American National Bankshares Inc. to acquire American National. With this acquisition…
read nowBTIG Investment Bank appoints managing director
July 28, 2023
BTIG, a bank that operates in the U.S., Europe, Asia and Australia, has appointed Tosh Chandra to serve as managing director with its Financial Institutions…
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Bank of America boosts dividend
July 27, 2023
Bank of America has announced a regular quarterly cash dividend of $0.24 per share up from 2 cents from the previous quarter. The dividend will be payable on…
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NatWest CEO steps down following discussion on British politician's bank account
July 26, 2023
Alison Rose, CEO of NatWest, one of the biggest four banks in Britain is stepping down after speaking about a bank account closure belonging to Nigel Farage…
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Banking experience: 3 simple tips to improve
by Bradley Cooper — Editor, Connect Media
What are some practical tips to improve banking experience? You can measure customer's attitudes, create comfortable spaces and take all your channels into…
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FDIC calls out banks for incorrect uninsured deposit statements
July 25, 2023
The Federal Deposit Insurance Corp. has called out banks for containing incorrect data on financial statements. The statements showed lower uninsured deposits…
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