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Bank / Credit Union News & Media

UK faces fee-free ATM shortage

April 26, 2022

The U.K. is facing a shortage of fee-free ATMs, which is majorly impacting customers who use cash. In fact, 12,178 fee-free ATMs were removed since 2018…

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Bank of America finds spending up 11%

April 25, 2022

The Bank of America Institute recently found that spending is up 11% from last year in March, despite concerns over inflation. In addition, spending in the…

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Citizens Financial Group inks acquisition of Investors Bancorp

April 25, 2022

Citizens Financial Group Inc. recently completed its acquisition of Investors Bancorp Inc. With this acquisition, Citizens will add more than 200 branches in…

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First Entertainment Credit Union appoints CEO, president

April 22, 2022

First Entertainment Credit Union, a union for the entertainment industry, has appointed Stephen Owen as its president and CEO effective May 9. Prior to joining…

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Mortgage Connect inks acquisition of Adfitech

April 21, 2022

Mortgage Connect LP, a mortgage services provider, has officially acquired Adfitech Inc., a third-party review firm for mortgage services. The company plans to…

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Wells Fargo partners with Operation Hope for financial inclusion effort

April 20, 2022

Wells Fargo recently partnered with Operation Hope Inc., a non-profit for underserved communities, to introduce Hope Inside centers to serve 150 Wells Fargo…

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Smart safes improve security, cash availability

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

Handling cash can be a major challenge for banks and businesses alike. For businesses, they have to count it, keep it safe and at times take a trip to a bank…

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Woman receives 70 fraudulent Chase credit cards issued to strangers

April 19, 2022

A woman named Tina Kumar in Hayward, California, recently received 70 Chase credit cards in the mail, all issued to strangers and linked to her credit card…

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Chase to offer vehicle charging stations at select branches

April 18, 2022

Chase plans to offer vehicle charging stations across 50 of its U.S. branches this summer, with the plan to deploy to 400 additional branches by the end of…

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Fifth Third appoints CEO

April 18, 2022

Fifth Third Bancorp recently announced that Tim Spence will serve as CEO effective July 5. He will take over for Greg Carmichael, who will serve as executive…

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2 reasons to attend the Bank Customer Experience Summit

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

The Bank Customer Experience Summit will provide key insights into banking trends and networking opportunities for attendees.

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PNC intros minority business development group

April 14, 2022

PNC Bank has introduced its minority business development group to develop products, solutions and resources for the minority-owned businesses. Marshalynn…

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Fifth Third to eliminate non-sufficient fund fees

April 14, 2022

Fifth Third Bank recently announced that as of June 23rd, it will eliminate all non-sufficient fund fees for all accounts, according to a press release.

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Chase extends partnership with Amazon for rewards credit card

April 13, 2022

Chase recently signed a multi-year extension with Amazon for the co-branded Amazon Prime Rewards Visa Signature credit card. The card offers 5% back on all…

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Bitcoin ATM operators to benefit from pending Florida legislation

In a move that is sure to please owners of Bitcoin ATMs, Florida legislators have voted to clarify the state's position on cryptocurrency sales. This means…

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Discover intros Cashback Debit account with early paycheck access

April 12, 2022

Discover recently introduced its Cashback Debit account with features such as early access to paychecks two days in advance and rewards with up to 1% cash back…

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Big banks expect lower revenue, fewer mergers due to Ukraine war

April 12, 2022

Big banks will likely post smaller quarterly results due to the current conflict in Ukraine. In addition, inflation and market volatility is also reducing the…

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Citizens intros program to offer employee early access to wages

April 11, 2022

Citizens recently introduced a solution to give employees on-demand access to earned pay, in addition to financial health tools. The solution funds the wages…

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Regions Bank to give grants to New Orleans tornado victims

April 7, 2022

The Regions Foundation, a nonprofit initiative by Regions Bank, announced it would give $50,000 in grants to organizations helping in recovery efforts in New…

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Citizens to roll out zero-overdraft fee checking accounts

April 7, 2022

Citizens recently launched its overdraft-free checking account to aid underbanked and financially underserved communities. This EverValue Checking account will…

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