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Bank / Credit Union News

Bank's new self-service kiosk/ATM solution puts customers in control

January 26, 2016

The Nautilus Hyosung digital kiosk can process 107 banking tasks that comprise 90 percent of teller window transactions the company says.

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After EMV migration, card fraud plunges at Minnesota FI

January 25, 2016

In the past four months, the FCU says its fraud rate has dropped 64 percent — despite the fact that only a fraction of card-accepting merchants are set up for…

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Mobile services pay off for FIs, research finds

January 25, 2016

Credit union members who use mobile banking generate 36 percent more for the FI revenue than branch-only users; for banks the payoff is twice the size — 7…

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New industry group to address FIs' unique ATM concerns

January 19, 2016

The forum was formed by ATMIA to provide a platform for the discussion of ATM challenges and solutions specific to banks and credit unions.

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Millennials 'not wed' to traditional FIs, study concludes

January 19, 2016

New research underscores the urgent need for FIs to prove that their products and services offer as much 'value and utility' as those of emerging nonbank…

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Online FI named to Fortune's 'fastest-growing' list

January 19, 2016

Recognition follows Bank of the Internet's recent designation as the nation's best online-only bank for ATM users, based on its no-fee policy.

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PenFed CU continues next-gen trend with new Guam branch

January 19, 2016

Like recently opened facilities in Puerto Rico and Florida, the new location features an open floor plan and state-of-the-art ATMs and ITMs, the CU says.

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Deutsche Postbank self-service solutions put control in customers' hands

January 13, 2016

Intelligent deposit ATMs and consulting kiosks from NCR will provide 24/7 access to banking services and information.

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India's J&K Bank expands ATM network to 1,000 units

January 7, 2016

The J&K fleet serves 2.3 million cardholders, including customers in some of the most remote reaches of the Himalayas, the FI says.

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Tangerine bank tries out chat-based financial transactions

January 7, 2016

A new online — and soon to be mobile — service enables customers to interact with a banker personally and conduct transactions privately within the chat box.

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Emirates NBD intros interactive teller machines

January 6, 2016

The Dubai-based FI says it is the first in the region to offer customers the convenience of live teller services outside of regular banking hours.

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PenFed opens next-gen branch in Puerto Rico

January 5, 2016

The war department CU has intro'd interactive devices and an open floor plan in a non-base location to allow convenient access for all members, regardless of…

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The best bank for ATM users? You might be surprised

December 29, 2015

It's an FI you might not have heard of — and it doesn't own a single ATM.

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Bank Simpanan intros virtual teller technology on Cisco platform

December 21, 2015

The bank is Malaysia's first financial institution to implement virtual teller machines, Cisco says.

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Alaska USA FCU expands surcharge-free ATM access

December 17, 2015

The $6.1B FI has joined the Allpoint ATM network, extending surcharge free ATM access to its half-million members across the country.

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Utah CU goes high tech at new branch serving U students

December 15, 2015

To cater to a young, tech-oriented demographic, leadership at First Deseret CU chose to outfit the branch with interactive teller machines rather than…

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Burroughs scanner certified with Acuant ID verification

December 15, 2015

The Professional Elite scanner uses idScan to capture the image of a government-issued ID and automatically transfer the information to an FI's systems.

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PNB offers ATM fee relief for Chennai flood victims

December 11, 2015

The bank says its 81 branches and 82 ATMs in the city are fully operational in the wake of flooding judged to be the worst to occur anywhere in the world in…

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Wells Fargo plans national rollout of mobile-ATM functionality in 2016

December 9, 2015

Customers will be able to use their mobile device to designate the type and amount of an ATM transaction prior to arriving at a Wells Fargo ATM.

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Mobile-first FI pursues fast-paced expansion across Europe

December 9, 2015

Number26 says its popular mobile bank account (with free ATM access) is the antidote to 'a bad user experience and overpriced retail banking products.'

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