Bank / Credit Union News & Media

Cash logistics market to reach $33.28B by 2030

February 24, 2022

The cash logistics market will reach $33.28 billion by 2030, up from $16.83 billion in 2020, according to a report by Allied Market Research. It will also grow…

read now

Bank of America gains 2 million digital clients

February 23, 2022

Bank of America announced it gained more than 2 million active digital clients in 2021. Customers also logged into the bank's digital platforms 10.5 billion…

read now

What do banks need to work with Bitcoin ATMs?

by Bradley Cooper — Editor, Connect Media

While Bitcoin ATMs and cryptocurrency in general is an expanding business, many banks are still reluctant to work with these businesses due to regulatory…

read now

American Express intros digital checking account

February 22, 2022

American Express recently launched its American Express Rewards Checking account, a digital checking account available for all U.S. consumer card members. The…

read now

Webster to acquire Bend Financial

February 22, 2022

Webster Financial Corp., the holding company for Webster Bank and HSA Bank, has officially acquired Bend Financial Inc., a cloud-based platform solution…

read now

PAI inks acquisition of TouchPoint 21

February 18, 2022

PAI, an ATM portfolio management tools and services company, has acquired TouchPoint 21, an ATM and cash management outsourcing company. With this acquisition…

read now

Bank of Baroda selects NCR for ATM-as-a-service solution

February 17, 2022

Bank of Baroda, a large bank based in India, has selected NCR Corp. to provide its ATM-as-a-service solution. With this solution, the bank will transfer…

read now

WestPark Capital hires head of capital markets

February 15, 2022

WestPark Capital, an investment bank, has hired Ed Tsuker to serve as head of capital markets, according to a press release. Prior to joining WestPark, Tsuker…

read now

Czech Republic financial services group teams with Diebold Nixdorf to achieve tellerless branches

February 15, 2022

CSOB, a financial services group in the Czech Republic, has increased both ATM uptime and cash availability to nearly 100% and decreased costs since using DN…

read now

Regions Bank appoints head of corporate development

February 14, 2022

Regions Bank, a provider of consumer and commercial banking, has appointed Nikki Stephenson as head of corporate development. Previously she served as head of…

read now

Chase, United Airlines, Visa intro cardmember offer for Black History Month

February 14, 2022

Chase, United Airlines and Visa have partnered to offer United Visa cardmembers the opportunity to donate to non-profit organizations that offer educational…

read now

Diebold Nixdorf improves Q4, FY 2021 losses, upbeat for 2022

February 11, 2022

Diebold Nixdorf improved its Q4 and FY 2021 losses against a quarterly sales dip and a yearly sales gain and is bullish on FY 2022, according to an earnings…

read now

NCR boosts Q4, FY 2021 revenue, earnings

February 11, 2022

NCR Corp. reported strong revenue and earnings gains for Q4 and FY 2021, according to an earnings release. For the full year, banking, retail and hospitality…

read now

Examining the current state of payments, labor for ATMs in 2022

by Bradley Cooper — Editor, Connect Media

A lot has changed in the past 50 years since the ATMs first came to market, especially in the last two years with the pandemic. Clinton Cheng, VP and GM…

read now

KeyBank hires chief diversity, equity officer

February 11, 2022

KeyCorp, a financial services company and owner of KeyBank, has appointed Helena Haynes-Carter as chief diversity, equity and inclusion officer. In this role…

read now

Los Angeles Police Federal Credit Union expands into more counties

February 9, 2022

The Los Angeles Police Federal Credit Union has now expanded into more Southern California counties including Orange, Riverside, San Bernardino and Ventura.

read now

Looking back at the ATM's past to find its future

by Bradley Cooper — Editor, Connect Media

ATMs have been around for a long time and they have a bright future ahead of them.

read now

Laurel Road hires financial therapist for 'metal wealth' initiatives

February 8, 2022

Laurel Road, the digital banking platform of KeyBack, has selected Aja Evans, a license mental health counselor based in New York City, as a financial…

read now

Catalyst Bancorp appoints CFO

February 7, 2022

Catalyst Bancorp Inc., the parent company for St. Landry Homestead Federal Savings Bank, has appointed Jacques Bourque as chief financial officer. Prior to…

read now

Customers Bancorp expands board of directors

February 4, 2022

Customers Bancorp Inc., the parent company of Customers Bank, has expanded its board of directors by appointing retired Army Brigadier General Bernard B.

read now