Bank / Credit Union News
India's ICICI bank unveils cardless ATM transactions using mobile app
January 24, 2020
India's ICICI Bank rolled out Cardless cash withdrawals, that allows customers make ATM withdrawals using their IMobile banking app, with no need to use a…
read nowThe Clearing House raises real-time payments maximum to $100,000
January 23, 2020
The Clearing House is quadrupling the maximum limit on the RTP network to $100,000. The increase, which starts Feb. 1, is due to increased participation and…
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Pulse names EVP of product management
January 22, 2020
Pulse, a debit/ATM network owned by Discover Financial, has named Jennifer Schroeder as iexecutive vice president, product management.
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Temenos launches SaaS banking service in US to speed digital transformation
January 21, 2020
Temenos AG, a Geneva-based banking software company, announced the launch of its banking-as-a-service platform in the U.S., which it says can help launch a…
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Persistent Systems, Gojoko team with AWS on community bank, credit union platform
January 15, 2020
India's Persistent Systems Ltd. and U.K.-based Gojoko Marketing Ltd. have created a digital lending platform to help community banks and credit unions rapidly…
read nowBBVA and Nok Nok to implement FIDO security standard for mobile banking customers
January 14, 2020
BBVA and Nok Nok Labs, a firm that helped develop the Fast Identity Online standard, are partner ing to strengthen mobile banking security using biometric…
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Alaska FCU to buy 7 Phoenix-area branches from TCF
January 10, 2020
Alaska USA Federal Credit Union announced a deal with TCF Financial Corp. to buy the seven TCF Bank branches, along with deposits and certain assets in the…
read nowFive County Credit Union partners with Co-Op to improve member experience
January 8, 2020
Five County Credit Union, a credit union based in Bath, Maine, is partnering with Co-Op Financial Services, a payments and fintech company, to improve the…
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VyStar moves to FIS for card processing in growth push
December 18, 2019
In a major expansion of their work together, VyStar Credit Union, which is headquartered in Jacksonville, Florida, and is one of the country's largest credit…
read nowProfitStars adds ALM solution to financial performance suite
December 17, 2019
ProfitStars, a division of Jack Henry & Associates Inc., announced Tuesday that it has expanded its financial performance suite to include a cloud-hosted…
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As people hoard cash, banks worry they may print too much
December 13, 2019
The world's cash supply is dwindling. Even though banks are issuing plenty of notes, people are taking cash out of the system and stuffing it away in sock…
read nowJohn Wiehoff joins US Bancorp board of directors
December 11, 2019
U.S. Bancorp's board of directors has elected John Wiehoff as a director of the company, effective Jan. 20, according to a company press release.
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Safe Credit Union extends relationship with Fiserv
December 10, 2019
Fiserv Inc, a provider of financial services technology, announced Monday that Safe Credit Union, headquartered in Folsom, California, and serving the greater…
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Fifth Third Bank recovers from system outage Friday
December 9, 2019
Fifth Third Bank spent the weekend recovering from a network outage that caused banking issues on Friday.
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SunTrust, BB&T complete merger to form Truist
December 9, 2019
Truist Financial Corp., the new brand behind SunTrust Banks Inc. and BB&T Corp., announced today that the merger between the two banks was completed as of…
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Italy's UniCredit to cull 8,000 jobs, shutter 500 branches
December 5, 2019
Italy's largest bank UniCredit plans to cut 8,000 jobs and shutter 500 branches in an attempt to boost profits and shave 1 billion euro ($1.1 billion) in costs…
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Rural areas hardest hit by branch closings, the Fed says
November 27, 2019
More than half of U.S. counties lost access to bank branches between 2012 and 2017, with rural consumers hardest hit by the decline, the Federal Reserve said…
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Britain's TSB Bank to shutter 82 branches
November 27, 2019
Britain's TSB Bank announced Monday that it will close 82 branches next year in an effort to reduce costs by 100 million pounds ($128 million).
read nowAustralia's Heritage Bank inks 5-year services agreement with Diebold Nixdorf
November 25, 2019
North Canton, Ohio-based Diebold Nixdorf has penned a deal with Heritage Bank, Australia's largest customer-owned bank, to manage its entire fleet of Diebold…
read nowIberiaBank waives out-of-network ATM fees for clients using First Horizon ATMs
November 13, 2019
IberiaBank, the 132-year-old subsidiary of IberiaBank Corporation, announced Wednesday that it is waiving out-of-network ATM fees for its banking clients using…
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