How are banks automating or failing to automate?

by Bradley Cooper — Editor, Connect Media

Banks are typically seen as traditional organizations; however, many are embracing automation to improve efficiency and meet customer needs. That being said…

First Tech Federal Credit Union to offer financial services for foster children

June 16, 2023

First Tech Federal Credit Union, based in San Jose, California, has partnered with Youth Villages Oregon, a children mental and behavioral health organization…

Bank of England moves closer to digital pound

June 16, 2023

The Bank of England is seeking public feedback on how to design a central bank-backed digital currency: a digital pound.

Discover Bank intros $36M fund for Delaware financial health

June 15, 2023

Discover Bank has introduced its Financial Health Improvement Fund in Delaware to support startups and technology companies that develop solutions to improve…

Regions Bank brings on head of Homebuilder Finance

June 14, 2023

Regions Bank has appointed Fred Behnke to serve as head of its Homebuilder Finance. He previously served as regional manager for Region Bank's east region and…

European Central Bank warns banks to leave Russia

June 14, 2023

The European Central Bank is urging Euro zone banks to leave Russia. This is a rare direct call on banks to leave the nation, after more than a year into…

Bank Customer Experience Summit will examine customer journey

by Bradley Cooper — Editor, Connect Media

The Bank Customer Experience Summit, being held Sept. 12 to 13 in Charlotte, North Carolina will feature several panels surrounding customer experience in…

Third Coast Bank celebrates Plano, Texas branch opening

June 13, 2023

Third Coast Bancshares Inc., based in Texas, has opened a branch in Plano, Texas, which provides a personal and business checking and savings account, loans…

JPMorgan reaches settlement with Jeffrey Epstein victims

June 13, 2023

JPMorgan Chase has reached a settlement with victims of the late Jeffrey Epstein, who ran a sex trafficking ring. The lawsuit claimed JPMorgan continued to…

Hancock Whitney Bank, FHLB Dallas award more than $250K for disaster relief

June 12, 2023

Hancock Whitney Bank and the Federal Home Loan Bank of Dallas have donated more than $253,00 in Disaster Rebuilding Assistance funds to Rebuilding New Orleans.

Why banks should embrace remote work, especially for payment testing

Financial organizations can benefit dramatically from offering flexible work options to their employees.

Five Star Bank to expand into San Francisco

June 9, 2023

Five Star Bancorp and its subsidiary, Five Star Bank, are planning to expand into San Francisco California. DJ Kurtze, San Francisco Bay president at Five Star…

Illinois police arrest 3 on suspicion of dozens of ATM smash and grabs

June 9, 2023

Sparta and Waterloo, Illinois police recently arrested three people they believe are involved in a string of more than 30 ATM smash and grab attacks in Iowa…

Binance halts dollar deposits following SEC lawsuit

June 9, 2023

Binance, a cryptocurrency exchange, will stop U.S. dollar deposits following news of the lawsuit from the U.S. Securities and Exchange Commission. The exchange…

Bank of America Institute finds Americans continue to move to sun belt cities for housing

June 8, 2023

The Bank of America Institute has found domestic migration within the U.S. is following pandemic trends of increasing movement to sun belt cities such as Tampa…

CUSO Financial Services partners with Clearview Federal Credit Union

June 8, 2023

CUSO Financial Services, a broker dealer, insurance and investment solutions subsidiary of Atria Wealth Solutions, has partnered with southwestern…

Bankjoy intros business banking platform

June 7, 2023

Bankjoy, a digital banking solutions provider, introduced Business Banking 2.0, which offers products and services for banks and credit unions to reach…

Trial begins for murder at ATM

June 7, 2023

The trial for three men in Grand Rapids, Michigan accused of murdering a man at an ATM began on June 6.

Consumer Financial Protection Bureau finds issues with bank chatbots

June 7, 2023

The Consumer Financial Protection Bureau has discovered issues with bank chatbots after numerous complaints from customers that included inaccurate information…

Why cash recycling can pay off for banks

by Bradley Cooper — Editor, Connect Media

Cash recycling is a relatively recent development for ATMs, which raises the question of whether it is actually a good investment that can save time and money…