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Bank / Credit Union News

Research: Strategies for transforming the branch channel

April 30, 2014

Branch reinvention has been underway for some time, but has accelerated recently as financial institutions seek ways to improve branch efficiencies and…

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Kenya expects to be 70% EMV-compliant by month end

April 28, 2014

Last year Kenya's banking industry adopted the EMV standard for payments cards and set about implementing the plan in a phased program. Adhering to the plan…

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Texas CU turns over ATM fleet management to Dolphin Debit

April 22, 2014

Community Resource Credit Union of Baytown, Texas, a $320 million CU serving 20,000 active debit cardholders, has entered into a multi-year agreement with…

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Cash recycling transforms branch processes for Top 10 FCU

April 22, 2014

Security Service Federal Credit Union, one of the largest CUs in the United States, was looking to reduce branch inefficiencies while improving both security…

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Canadian branding deal unites CIBC, Pioneer Energy, Cardtronics

April 22, 2014

Cardtronics Canada Ltd. and Canadian bank CIBC have entered an ATM branding agreement that will offer CIBC customers fee-free access to cash at more than 10…

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U.S. Bank completes fleet-wide ATM upgrade

April 22, 2014

U.S. Bank has announced the completion of a major upgrade to its 5,000-ATM fleet in an overall strategy to implement new technology and machine enhancements.

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ATM transaction tax 'highway robbery,' Jamaicans say

April 21, 2014

"Very, very upset" is the general feeling among Jamaicans about a new ATM transaction tax announced last Thursday. The levy will go into effect June 1.

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Colorado FI opens a new market with a new branch model

April 18, 2014

Glenwood Springs, Colo.-based Alpine Bank has expanded into a new market with a new branch model. The FI's recently opened location at Denver's Union Station…

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Lloyds goes next-gen with 1200-ATM upgrade

April 17, 2014

Lloyds Banking Group has completed an upgrade of more than 1,200 ATMs in the U.K. New NCR SelfServ cash dispense and cash deposit units replaced legacy ATMs…

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Study: How customers see the branch (and what they want from it)

April 17, 2014

Overall, consumers are visiting bank branches less often than they used to (in a survey, 46 percent said they visit a branch more than once a month, down from…

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First Data, Bank of the West deepen ties

April 16, 2014

Payments technology and services provider First Data has announced the expansion of its relationship with $65 billion-asset Bank of the West. The company will…

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PAI, Ventura County CU partner to brand ATMs in Rite Aid stores

April 16, 2014

Retail ATM provider Payment Alliance International and Ventura, Calif.-based Ventura County Credit Union have entered an agreement that will place VCCU's brand…

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Community FI's ATM network goes statewide in one fell swoop

April 14, 2014

Indianapolis-based Salin Bank has partnered with the Alliance One ATM Network, expanding fee-free ATM access to Salin customers across the state.

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Qatar Islamic Bank, NCR team up to fight fraud

April 14, 2014

Qatar Islamic Bank, the largest Shari'a-compliant bank in Qatar, is adding new anti-skimming solutions to its ATMs and bolstering IT security to defend against…

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Cummins Allison JetScan iFX certified by VSoft

April 11, 2014

Cummins Allison has announced that its JetScan iFX cash, check and document scanner is now certified on the VSoft Branch Capture solution. The certification…

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Texas FI leverages ATM outsourcing to grow its brand

April 9, 2014

Commercial Bank of Texas, a community bank with $530 million in assets, is moving into the north Texas market — without the usual expense that accompanies an…

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Long Island FI extends footprint to NYC with branding deal

April 8, 2014

Long Island, N.Y.-based Bridgehampton National Bank has announced the expansion of its ATM network to include 20 BNB-branded ATMs operated by Welch ATM. The…

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Westpac, UnionPay enter ATM agreement

April 7, 2014

Australian bank Westpac and Chinese bankcard provider UnionPay have announced an agreement that will allow UnionPay cardholders access to Westpac ATMs.

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Survey: Bankers say nearly half of customer accounts have been compromised

April 3, 2014

A recent survey of bank executives by ACI Worldwide offers an indication of the scale of card fraud in the U.S. — and the steps that FIs are taking in response.

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Diebold to help Russian FI integrate acquired ATMs

April 3, 2014

Recently, Moscow-based Alfa-Bank acquired assets of Master Bank, a mid-sized Moscow bank, including its ATMs. Now the FI is in the process of incorporating…

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