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Bank / Credit Union News

Houston-area banks waive ATM fees in Hurricane Harvey's wake

August 29, 2017

As Level 4 Hurricane Harvey, now Tropical Storm Harvey, continues to dump epic amounts of rain on the greater Houston area, many banks in flood-ravaged areas…

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Panini, BLM sign distribution deal for EMV card instant issuance solution

August 25, 2017

Minneapolis-based BLM Technologies, a provider of payment, transaction and other financial institution hardware and IT services, has expanded its EMV card…

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BDO Unibank, Azimo Philippines partnership enables remittance cash pickup in minutes

August 25, 2017

Azimo, a provider of money transfer services, has extended its cash pickup service to enable customers in the Philippines to collect money minutes after a…

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BMO extends cross-border Allpoint access to private banking clients

August 24, 2017

BMO Private Banking is offering its Canadian clients — that is, high net-worth individuals and families — free access to more than 40,000 ATMs in the United…

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City Union Bank's Lakshmi robot promoted from greeter to customer cash custodian

August 24, 2017

Last November, City Union Bank introduced India's first banking robot, Lakshmi, who greets customers entering the branch and answered their questions.

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State Bank of India permanently blocks non-EMV cards

August 24, 2017

State Bank of India issued a statement on Monday urging customers to apply to receive an EMV bankcard to replace their existing magnetic stripe card. SBI asked…

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Fiserv acquires real-time payments platform with Dovetail purchase

August 22, 2017

Fiserv Inc., a provider of financial services technology solutions, has acquired Dovetail Group Ltd., a provider of bank payments and liquidity management…

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Japanese FI to roll out mobile ATM to serve rural, elderly customers

August 22, 2017

Japan's Shimane Shinkin Bank has announced plans to introduce its first mobile ATM in November to serve elderly Japanese in rural areas without access to bank…

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California CU delivers 'better banking experience' with direct-deposit coin counters

August 17, 2017

Cummins Allison, a provider of ATMs and coin, currency and check processing solutions has teamed with Wescom Credit Union, of Pasadena, California, to add…

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When is a bank robbery not a bank robbery? When it's a bank ATM

August 15, 2017

A lecturer at Birmingham City University in the Midlands region of England has put forward an interesting theory to explain a rash of ATM ram raids in that…

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Ethiopian FI taps NCR for additional ATMs, improved uptime

August 11, 2017

Commercial Bank of Ethiopia, that nation's largest financial institution, is expanding its ATM network with the addition of 200 NCR SelfServ ATMs, while aiming…

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The world's busiest airport? Yes. The world's busiest ATMs? Not so much

August 11, 2017

Atlanta might have the world's busiest airport, but the same distinction does not extend to ATMs at Hartsfield-Jackson International.

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Airtel Payments Bank partnership turns gas stations into cash points

August 10, 2017

India's Airtel Payments Bank, a subsidiary of the Airtel mobile network, recently announced a strategic partnership with Hindustan Petroleum Corporation Ltd.

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NCR deploys Windows 10 IoT enterprise software in global first

August 9, 2017

NCR Corp. has announced its deployment of Microsoft Windows 10 Internet of Things Enterprise software with a major European financial institution.

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Kenya's largest bank downsizes ATM fleet

August 4, 2017

Equity Bank, Kenya's largest bank in terms of customer numbers, is downsizing its ATM fleet as customer migrate to other channels, such as agency and mobile…

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NatWest celebrates in style with 50th anniversary ATM promotion

August 4, 2017

On July 31, 1967, NatWest Chairman Duncan Stirling made the first ever withdrawal from the first-ever NatWest ATM at the bank's Victorian branch in London.

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Diebold, Rakbank collaborate to add Samsung Pay cardless access at ATMs

August 4, 2017

The National Bank of Ras Al Khaimah, a leading bank in the United Arab Emirates, has partnered with Diebold Nixdorf to launch Samsung Pay on Rakbank ATMs.

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Co-op shared branch network captures No. 2 spot among retail FIs

August 3, 2017

The Co-op Shared Branch network has overtaken Chase in terms of number of branch offices to become the nation's second largest network of financial institution…

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Nearly half of US consumers rate identity, banking fraud as chief concerns

August 1, 2017

Forty-four percent of U.S. consumers rate identity theft and banking fraud as their top concern, according to the most recent consumer finance trend research…

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In India's booming ATM market, some providers are pulling back on fleet size

August 1, 2017

India's HDFC Bank has downsized its ATM network — a first for the bank in India's teeming ATM market.

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