Bank / Credit Union News
CheckAlt adds LA lockbox payment processing site
August 15, 2016
CheckAlt, a provider of item and payment processing solutions, has opened a new lockbox processing site in Los Angeles. CheckAlt is launching with Commercial…
read nowFIs not delivering to customer standards for personalized service, study says
August 15, 2016
FIs might feel like they're intently focused on providing a personalized customer experience, but their customers might be seeing things a little differently…
read nowStudy: Millennials 2–3 times more likely to change FIs than other age groups
August 12, 2016
New FICO research into why people switch banks found that millennials age 25–34 are two to three times more likely to close all accounts with their primary…
read nowMicrofinance institution rolls out mobile banking, ATM cash-by-code with Compass Plus
August 12, 2016
Compass Plus, a provider of software for payments processors and financial institutions, and Prasac, the largest microfinance institution in Cambodia, have…
read nowM&T Bank, Cardtronics announce major expansion of ATM branding agreement
August 10, 2016
M&T Bank has expanded its existing agreement with Cardtronics to include M&T Bank-branded ATMs at 120 Speedway locations in New Jersey and New York.
read nowUK competition authority makes banks 'work harder for customers'
August 9, 2016
The Competition and Market Authority in the U.K. has released a set of reforms intended to "ensure that [bank] customers benefit from from technological…
read nowIndian bank expands rural network through 'micro ATMs'
August 8, 2016
IDFC Bank has launched services in Meghalaya state, India, which lies in the country's rugged and rural North East region. The bank opened its first branch in…
read nowPSCU to launch Masterpass, Microsoft Wallet services
August 5, 2016
PSCU, a credit union service association, is launching Masterpass by MasterCard and Microsoft Wallet by the end of August.
read nowGlory deploys TellerInfinity in AFCU headquarters
August 5, 2016
Glory Global Solutions announced that its TellerInfinity assisted service solution has been installed at the America First Credit Union Innovation Center in…
read nowCard fraud dips, chip use rises, MasterCard says
August 4, 2016
Counterfeit card fraud is down by 60 percent at MasterCard’s highest-ranked EMV-enabled U.S. merchants, according to a company press release, which said the…
read nowBarclays introduces voice identification technology
August 4, 2016
Barclays has announced the introduction of its voice security technology to all personal banking customers, according to a company press release.
read now.BANK sees growth among FIs large and small
August 4, 2016
Bank websites are often the targets of cyberattacks, but an industry-led consortium of major banking associations has created a secure extension reserved…
read nowReport highlights opportunities for European payment processors
August 2, 2016
There are opportunities on the horizon for new entrants into the payment processing market, according to a new RBR report, "Payment Cards Issuing and…
read nowBiometrics are all the rage among leading ATM distributors and banks
August 2, 2016
Consumer electronics are old news, an ABI Research study found. The hype is moving toward biometric banking technologies specifically targeted at millennials…
read nowConsumers are spending less, Bank of America finds
August 2, 2016
Bank of America looked at over 40 million active credit and debit card accounts in its system in June and found some surprising statistics. It seems that…
read nowFidor acquired by large French banking group
August 1, 2016
Germany-based Fidor Group has announced it has been acquired by Groupe BPCE, the second largest banking group in France.
read nowIndian banks eyeing iris recognition for ATMs
July 22, 2016
Three of India's largest banks — DCB, Axis and Kotak Mahindra — are considering iris-recognition authentication for ATM transactions as an alternative to…
read nowBranding deal doubles free ATM access for NY FI's cardholders
July 22, 2016
Cardtronics Inc. has announced an agreement to provide Canandaigua National Bank & Trust with branding rights and surcharge-free access at approximately 5…
read nowFI, design firm break ground on groundbreaking branch concept
July 22, 2016
NewGround, a St. Louis-based design-build firm, and Field & Main Bank, a Henderson, Kentucky-based FI, recently broke ground on a new branch in Cynthiana…
read nowElavon, Capital Bank ink exclusive payments processing deal
July 22, 2016
Elavon, a payments provider and subsidiary of U.S. Bancorp, and Capital Bank Financial Corp., a southeastern regional bank, have struck a multiyear payment…
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