Bank / Credit Union News & Media

Bank branches must innovate to meet customer's needs

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

Whether fair or unfair, the banking world often has the reputation of being slow to change or follow trends in other industries. Despite this reputation, the…

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Credit Union 1 partners with Total Expert for member engagement

November 4, 2022

Credit Union 1, based in Illinois, Indiana and Nevada, has partnered with Total Expert to integrate its CRM and member engagement platform across its retail…

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Bandits target Indiana ATM with chain attack

November 3, 2022

Bandits tore an ATM off its base at a Centier Bank drive-thru lane in Crown Point, Indiana. Police say the suspects used a chain and truck attack, according to…

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Federal Home Loan Bank of Chicago partners with housing counseling agencies

November 2, 2022

The Federal Home Loan Bank of Chicago has partnered with a number of local housing counseling agencies to offer services to minority and low-to-moderate income…

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Republic Bank promotes EVP, chief lending officer

November 2, 2022

Republic First Bancorp Inc., the parent company of Republic Bank, has appointed Steve McWilliams to EVP, chief lending officer. He previously served as market…

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Wells Fargo partners with Operation Hope to open redesigned branch

November 1, 2022

Operation Hope Inc., a nonprofit financial empowerment organization, has partnered with Wells Fargo to open its 200th HOPE Inside location at a redesigned…

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Banks holding Elon Musk's debt for Twitter deal

November 1, 2022

A few banks, including Morgan Stanley, Bank of America and Barclays, are providing Elon Musk, CEO of Tesla Motors, $13 billion in financing in order to acquire…

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Woodforest National Bank adds 2 Walmart branches in Florida

October 31, 2022

Woodforest National Bank, based in Montgomery County, Texas, has opened two branches in Kissimmee and Brandon, Florida inside of Walmarts. The locations offer…

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ATM robber leaves jail inmate ID at scene of crime

October 31, 2022

A man who stole $800 from a Chase ATM in Jersey City, New Jersey, also left behind his Hudson County inmate ID card along with a personal property receipt.

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Tri Counties Bank partners with United Way for wildfire fund

October 28, 2022

Tri Counties Bank, a subsidiary of TriCo Bancshares based in Chico, California, has partnered with United Way of Northern California to launch the NorCal…

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Women expand footprint in exec roles at banks

October 28, 2022

The number of women in executive roles in the U.S. top 50 banks rose from 26.26% in 2021 to 28.27% in 2022, according to a Women at the Top Study. However, the…

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Unbanked population falls to record low in US

October 26, 2022

The number of unbanked Americans has fallen to 4.5%, representing 5.9 million households. This is the lowest level since the FDIC began tracking this data in…

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Bank of America virtual assistant Erica sees 1B interactions

October 25, 2022

Bank of America is reporting that Erica, it's virtual financial assistant, has seen 1 billion interactions with clients. First launched in 2018, the AI…

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Chase closes Kanye West's accounts sparking controversy

October 25, 2022

JP Morgan Chase recently sent a letter to rapper Kanye West, also known as Ye, informing him it was ending its relationship with him and he would need to take…

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Citizens intros deposit accounts for carbon offsetting

October 24, 2022

Citizens has launched a Carbon Offset Deposit Account to help corporate clients reduce carbon footprints. Clients can use the accounts to acquire carbon…

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How to stop ATM attacks

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

ATM thieves are getting bolder and banks are adopting more advanced strategies in response to prevent attacks.

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FIS appoints president, CEO

October 20, 2022

FIS, a technology solutions company for financial institutions, has appointed Stephanie L. Ferris to serve as president and CEO starting Jan. 1. She will take…

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Bank of America expands CashPro to support 350+ payment types

October 18, 2022

Bank of America has expanded its CashPro Payment API to allow customers to access more than 350 payment types in 38 global markets, according to a press…

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Why mobile apps need to deliver entire banking experience

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

In an age where customers are more willing than ever to switch banking providers, banks need to step up their game when it comes to mobile apps.

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Mastercard to offer cryptocurrency trading for banks

October 18, 2022

Mastercard has announced a program to help banks add cryptocurrency trading to their offerings. It will bridge Paxos, a cryptocurrency trading platform, with…

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