Bank / Credit Union News

Capital Bank brings on CFO

June 27, 2023

Capital Bank has appointed Jennings Walker at CFO for Capital Bancorp Inc. and Capital Bank N.A. He will report to CEO Ed Barry, according to a press release.

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NCR to spin off ATM business

June 26, 2023

NCR Corp. has filed its Form 10 registration statement with the U.S. Securities and Exchange Commission for its spin off of its ATM business. This is part of…

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Shopify approves Volt as open banking partner

June 26, 2023

Shopify, an e-commerce company, has selected Volt as a global open banking partner. Now, merchants in Europe, U.K. and Brazil can offer Volt's Pay by Bank…

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Ventus to co-host Cash in the USA 2023 in Nashville

June 23, 2023

Ventus, a managed networking provider for ATMs and ITMs, will co-host Cash in the USA 2023 being held Oct. 3 in Nashville, Tennessee along with CMS Analytics.

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NCR partners with Members ATM Alliance to offer ATM-as-a-service

June 23, 2023

NCR Corp. has partnered with Members ATM Alliance, a credit union service organization, to offer its ATM-as-a-service solution to MAA's credit unions. With…

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Regions Bank intros grace period for overdrafts

June 23, 2023

Regions Bank recently announced Overdraft Grace, which gives customers an extra business day to make deposits to cover overdrafts prior to a fee. This service…

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First Federal Bank to acquire BNC mortgage division

June 23, 2023

First Federal Bank, has acquired BNC National Bank's mortgage division and its employees. With this acquisition, it will be able to serve customers in Overland…

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Travelex partners with Bank of New Zealand to deliver discounted travel money

June 22, 2023

Travelex has partnered with the Bank of New Zealand to provide discounted travel money for the bank's customers. With this service, customers can load up to…

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Senate Banking Committee to examine bipartisan bill to confiscate failed bank's executive pay

June 21, 2023

The Senate Banking Committee will consider a bill that would take banking executive's pay in the aftermath of a collapse like what happened to Silicon Valley…

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Bank of America commits more than $500M in equity investments

June 21, 2023

Bank of America has committed more than $500 million in equity investments to funds specifically for minorities and women, more than double its initial $20…

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Google Cloud intros AI anti-money laundering solution

June 21, 2023

Google Cloud has unveiled its Anti Money Laundering AI to help financial institutions detect money laundering. The solution is designed to replace legacy AML…

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Alliant Credit Union partners with World Wide Technology to deliver financial wellness for WWT employees

June 21, 2023

Alliant Credit Union, based in Chicago, has partnered with World Wide Technology to deliver financial wellness benefits to WWT employees, such as high interest…

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Bank Customer Experience Summit early bird ends June 23

June 20, 2023

Early bird pricing for the Bank Customer Experience Summit, being held in Charlotte, North Carolina Sept. 12 to 13, ends on June 23.

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Oracle intros cloud-based finance, risk management solutions for banks

June 20, 2023

Oracle has released cloud-native services to help banks handle finance and risk management. The four solutions offer profitability management, customer…

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Some SVB customers have to pay back loans, despite deposit loss

June 20, 2023

Silicon Valley Bank collapsed earlier this year due to a variety of factors including an over investment into government bonds and a major run by depositors…

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Chase intros Freedom credit card

June 20, 2023

JPMorgan Chase has introduced Chase Freedom Rise, a credit card for new-to-credit customers. The bank designed the card to help customers build credit, even…

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DocuSign appoints board member

June 19, 2023

DocuSign, an e-signature company, has appointed Anna Marrs to its board of directors. She will also join the board's audit committee, according to a press…

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SVB to sell investment banking business to management team led by CEO

June 19, 2023

Silicon Valley Bank has entered into an agreement to sell its investment banking business, SVB Securities, to a management team group led by CEO Jeff Leerink…

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First Tech Federal Credit Union to offer financial services for foster children

June 16, 2023

First Tech Federal Credit Union, based in San Jose, California, has partnered with Youth Villages Oregon, a children mental and behavioral health organization…

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Bank of England moves closer to digital pound

June 16, 2023

The Bank of England is seeking public feedback on how to design a central bank-backed digital currency: a digital pound.

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