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Bank / Credit Union News

Glory, Millenniumbcp roll out Tellerfinity assisted service

February 8, 2018

Glory, a provider of cash technology solutions, has announced that Millenniumbcp, one of the largest private banks in Portugal with more than 600 branches…

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ESQ intros configurable OperationsBridge 3.0 for FIs, MSPs

February 8, 2018

ESQ Business Service Inc. has announced the release of OperationsBridge 3.0, a solution designed to help financial institutions and managed service providers…

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A2iA intros a2ia Mobility, a2ia mCapture software toolkit updates

February 8, 2018

A2iA, a developer of artificial intelligence and machine learning-based software for data capture, document processing, and payment systems, has announced new…

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Caught in the act: US authorities nab ATM jackpotting suspects in Connecticut

February 8, 2018

The U.S. Department of Justice has announced the arrest of Alex Alberto Fajin-Diaz, 31, a citizen of Spain, and Argenys Rodriguez, 21, of Springfield…

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ATM jackpotting suspects jailed in Houston

February 2, 2018

Authorities have arrested two men and are seeking a third in an attempted ATM jackpotting case in the Houston area.

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Fime to develop next-gen testing and validation scheme in Saudi Arabia

February 2, 2018

Fime, a long-time partner of Alhamrani Universal in the Kingdom of Saudi Arabia, has been selected by mada, the kingdom's domestic payment scheme, to develop a…

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Qwinstar strikes deal with NCR to sell, service legacy iTran check processing units

January 31, 2018

Qwinstar Corp., a check processing equipment and maintenance division of 3 Point Alliance, has struck an agreement with NCR Corp. to take on the responsibility…

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PSCU gains 1st owner-member of 2018

January 31, 2018

San Diego-based California Coast Credit Union, an FI with $2.4 billion in assets and more than 160,000 members, has joined PSCU for in-house credit and debit…

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BS/2, Sberbank ink service deal covering more than 1K self-service devices

January 31, 2018

BS/2 Kazakhstan, a subsidiary of Penki Kontinentai Group, a Lithuanian company, has entered an agreement with Sberbank to service the FI's unattended devices…

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EMV migration survey open to all US ATM operators

January 30, 2018

The ATM Industry Association has launched a new survey to gauge the progress of EMV migration in the U.S. The 2018 survey is the fourth in a series that began…

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Co-op doubles transactions processed to 6.6B in 2017

January 30, 2018

Co-op Financial Services set a record by processing more than 6.6 billion credit, debit, EFT and shared branch transactions on behalf of its credit union…

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Poll: FIs quick to replace customer funds lost to fraud

January 26, 2018

An informal online poll conducted by the European Association for Secure Transactions has revealed that banks are prompt, for the most part, in crediting funds…

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Chase to open 400 branches; Wells to close twice as many

January 26, 2018

JPMorgan Chase has announced that it intends to expand its branch network into new U.S. markets, opening up to 400 new branches over the next five years. These…

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ATM-focused BofA eBanking program ends amid protest

January 24, 2018

On Jan.19, Bank of America completed the final phaseout of its eBanking account, and at least 46,000 of the bank's customers and like-minded supporters are…

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Frustrating fraud alerts, amazing aesthetics: Consumers rate mobile apps of top US banks

January 24, 2018

Banks have plenty of incentive to drive greater digital engagement. A study by Bain found that each call or visit to the bank from a customer comes at a cost…

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Convergence, cooperation are bywords for financial institutions, fintechs in 2018

January 23, 2018

The convergence of mobile platforms, APIs, machine learning and faster payments systems will require an unprecedented level of cooperation between payments…

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UK consumer group sounds alarm over ATM 'deserts'

January 22, 2018

Research by the U.K. watchdog organization Which has identified more than 200 communities in Britain with poor ATM access — or none at all — and says the…

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Sri Lanka chalks up its 1st fully EMV-compliant ATM network

January 19, 2018

The Commercial Bank of Ceylon has announced that its ATM network is the first in Sri Lanka to achieve full EMV compliance. 

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9 in 10 FIs now offer mobile banking, Fed says

January 18, 2018

A new report from the payment strategies team of the Federal Reserve Bank of Boston provides insights into the state of mobile banking at financial…

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States want safe harbor for FIs serving legal cannabis industry

January 18, 2018

A bipartisan group of state attorneys general is urging Congressional leaders to enact legislation that would allow marijuana dispensaries to participate in…

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