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Bank / Credit Union News

Survey explores effects of fraud, service, security on consumers' choice of FIs

November 2, 2018

In 2017, 17 percent of consumers experienced fraudulent bank account activity, up slightly from 15 percent the previous year.

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Scammers steal $106K in cardless ATM fraud scheme

November 1, 2018

Fraudsters have come up with yet another way to steal money from the accounts of unsuspecting bank account holders.

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NAB, Microsoft develop cardless, AI- and cloud-based ATM concept

November 1, 2018

National Australia Bank and Microsoft have collaborated to design a proof of concept ATM that draws on cloud and artificial intelligence technology.

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Regions Bank opens portable branch to serve victims of Hurricane Michael

October 30, 2018

Last Thursday, Regions Bank opened a full-service portable branch in downtown Marianna, Florida, to serve victims of Hurricane Michael.

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RBS taps First Data for merchant services

October 30, 2018

First Data Corp. has entered an agreement with Royal Bank of Scotland Group to provide merchant services, to the lender's business customers in the U.K.

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Bank of England announces plans for new 50 pound note

October 30, 2018

The Bank of England recently confirmed plans to release the final note in its latest series — a 50 pound bank note to be be printed on polymer.

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FCTI forges ATM, marketing deal with Axiom Bank

October 30, 2018

Florida-based Axiom Bank N.A. and Independent ATM operator FCTI Inc. have launched a multiyear agreement to provide Axiom customers with no-charge unlimited…

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ASC X9 seeks participants for PKI, TLS security study groups

October 26, 2018

The Accredited Standards Committee X9 Inc. has formed two study groups whose aim is to improve security and safeguard privacy for the financial services…

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SunTrust digital channels earn honors from Javelin Research

October 26, 2018

SunTrust Banks Inc. has been named a leader in the Javelin 2018 Online Banking and 2018 Mobile Banking Scorecards.

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Zelle reports double-digit growth from Q2 to Q3

October 25, 2018

Zelle Network, a provider of person-to-person payment services, tallied approximately 116 million transactions in Q3 2018 for a total of $32 billion in…

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Temenos creates AI center of excellence for digital banking platform

October 25, 2018

Banking software provider Temenos is increasing the development of artificial intelligence capabilities throughout its digital banking platform.

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KAL, Mastercard concept enables cardless ATM cash withdrawal, regardless of bank

October 22, 2018

Mastercard has partnered with KAL ATM Software to introduce two new software innovations designed to provide convenient and secure access to ATM cash anytime…

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Anheuser-Busch Employees' CU streamlines service, efficiency with Alogent ImagePoint Suite

October 22, 2018

Alogent a provider of payment processing, content management and digital banking solutions for FIs, will provide its ImagePoint document capture and processing…

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Online, mobile now consumers' preferred banking channels

October 18, 2018

Almost three-quarters of Americans (72 percent) most often access their bank accounts either online or by mobile phone, according to a survey conducted by…

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FCTI announces 2018 'Just Right' ATM solution contest

October 18, 2018

FCTI Inc., a U.S. ATM network, has announced the official opening of the 2018 Goldilocks Financial "Just Right" ATM Solution Contest. The contest aims to help…

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ATM off-us fees rise for 14th year; total fees drop slightly

October 12, 2018

The average surcharge assessed by a financial institution for an out-of-network ATM transaction has risen for the 14th consecutive year, from $2.97 to $3.02…

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Additional FIs enable P2P payments with Turnkey Service for Zelle from Fiserv

October 12, 2018

Fiserv Inc., a provider of financial services technology solutions, has announced thata new round of financial institutions have signed on to to join the Zelle…

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Portugal's Banco BPI turns to Diebold Nixdorf for advanced ATMs

October 11, 2018

Portugal-based Banco BPI, a member of the CaixaBank Group, has partnered with Diebold Nixdorf to roll out advanced ATMs at the bank's branches.

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SBI halves ATM cash withdrawal amounts in attempt to spur digital transactions

October 11, 2018

In an effort to reduce fraud and encourage digital transactions, State Bank of India plans to reduce by half the amount of cash that account holders can…

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Mobile deposit report ranks CX with apps of top US banks

October 11, 2018

Mitek has released its 2018 Mobile Deposit Benchmark Report, a rating of the mobile deposit experience for 20 U.S. retail financial institutions. Ratings are…

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