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Bank / Credit Union News & Media

Facial recognition: A top challenge/opportunity for ATMs

Although banks are beginning to adopt facial recognition at ATMs, the technology still has to overcome customer's distrust.

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FNB adds 300 ATMs in the Carolinas

December 9, 2022

F.N.B. Corp. added nearly 300 ATMs in North and South Carolina, which gew its overall footprint to 1,200 ATMs, according to a press release.

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New York Community Bancorp inks acquisition of Flagstar

December 9, 2022

New York Community Bancorp Inc. has acquired Flagstar Bancorp Inc. With the acquisition, the combined company will have $88.4 billion in assets, according to a…

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Detroit police on lookout for ATM drive-thru robber

December 9, 2022

Detroit police are looking for an individual who allegedly robbed someone at gunpoint who was withdrawing money from an ATM, according to a report by Fox …

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Regions Bank intros virtual commercial card

December 8, 2022

Regions Bank has introduced a Visa virtual commercial card to enable on-the-go business travel payments for Treasury Management clients. With this card…

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Chase offering credit program for underserved areas

December 7, 2022

JPMorgan Chase has launched a Special Purpose Credit Program to provide credit for small businesses owners in underserved communities. The bank piloted the…

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Nigeria caps ATM withdrawals at $225 weekly to promote CBDC

December 7, 2022

Nigeria is attempting to push the usage of its central bank digital currency eNaira by capping the amount users can withdraw from ATMs at $45 per day and $22…

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Strategies for preventing hook and chain attacks

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

ATM crimes are on the rise, especially hook and chain attacks. Some banks are putting up stickers warning criminals that their ATMs have hook and chain…

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Senators target Silvergate following FTX collapse

December 6, 2022

Senator Elizabeth Warren, a Democratic from Massachusetts, along with Republican Sens. John Kennedy of Louisiana and Roger Marshall of Kansas, have sent a…

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Dirty power degrades ATM customer experience

by Mark Nell — Sales Application Engineer, AMETEK Powervar

ATMs need to deliver a consistent experience to keep customers satisfied. An often-overlooked detail about the ATM experience is that the consistency of the…

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BMO announces $40B community benefits plan

December 2, 2022

BMO Financial Group has announced a Community Benefits Plan, which will provide more than $40 billion for local communities, with more than $16 billion…

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Regions Bank intros tuition-free education for associates

December 1, 2022

Regions Bank has announced a tuition-free program for associates to earn an education through its Guild program. The bank will also reimburse employees for all…

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Trovata intros free cash management platform

December 1, 2022

Trovata, a cash management solutions provider, has introduced a free version of its cash management software. Banks can use the platform to connect to a…

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1st Security Bank acquires 7 Columbia Bank branches

November 30, 2022

1st Security Bank of Washington, a subsidiary of FS Bancorp Inc., has purchased seven branches from Columbia Banking System Inc. in Oregon. These locations…

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Glia appoints EVP

November 29, 2022

Glia, a digital customer service solutions provider for banks, has appointed Paul Sheets to serve as EVP of customer success and services, according to a press…

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KeyBank appoints CFO following retirement

November 28, 2022

KeyCorp, the parent company of KeyBank, has appointed Clark Khayat to serve as CFO following the retirement of Donald R. Kimble on May 1, 2023. Khayat…

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Houston police urge caution at ATMs during holidays

November 28, 2022

Houston, Texas police are urging shoppers to use caution when at ATMs this holiday season, especially due to the rise of "jugging," where criminals steal from…

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Amerant Bank becomes official partner of Florida Panthers

November 23, 2022

Amerant Bank, a community bank in Florida, has become the official partner of NHL team Florida Panthers. Through this partnership, the bank will offer a club…

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Shields Business Solution partners with Egis to deliver cash logistics, banking solutions

November 23, 2022

Shields Business Solutions recently partnered with private equity firm Egis Capital Partners to deliver its products to banks with the financial backing of…

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Congress bill aims to address ATM crime with heftier penalties

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

A bill in Congress aims to address ATM theft by putting independent ATMs under federal purview.

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