Bank / Credit Union News

Brightwell partners with NCR for ATM solution for maritime clients

December 15, 2022

Brightwell, a payments technology company, has partnered with NCR Corp. and Travelex, a foreign exchange company, to allow maritime clients to provide an ATM…

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Zventus intros 'FinTech-in-a-Box-' solution

December 13, 2022

Zventus has launched FinTech-in-a-Box, a consumer lending solution to help banks compete with fintechs. With this tool, banks can simplify lending processes as…

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Central Pacific Financial appoints board member

December 13, 2022

Central Pacific Financial Corp., the parent company of Central Pacific Bank, has appointed Jason Fujimoto as a board member of both companies, effective Jan.

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Banks might dump Zelle due to fraud refund scheme

December 13, 2022

Banks may choose to drop partnerships with instant payments apps, like Zelle, if they have to reimburse scam victims. The seven banks that own Zelle recently…

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Bank of America to redeem senior notes

December 12, 2022

Bank of America will redeem all $6 billion principal amount of its 3.004% fixed/floating rate senior notes on Dec. 20, according to a press release.

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Pylon earns $8.5M for mortgage lending tech

December 12, 2022

Pylon, an embedded mortgage infrastructure platform, has raised $8.5 million in seed funding to promote its mortgage technology products that aim to help…

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First Financial Bank opens Texas branch

December 12, 2022

First Financial Bank N.A., a subsidiary of First Financial Bankshares Inc., has opened a branch in Lumberton, Texas, its 79th overall. With this location, the…

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FNB adds 300 ATMs in the Carolinas

December 9, 2022

F.N.B. Corp. added nearly 300 ATMs in North and South Carolina, which gew its overall footprint to 1,200 ATMs, according to a press release.

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New York Community Bancorp inks acquisition of Flagstar

December 9, 2022

New York Community Bancorp Inc. has acquired Flagstar Bancorp Inc. With the acquisition, the combined company will have $88.4 billion in assets, according to a…

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Detroit police on lookout for ATM drive-thru robber

December 9, 2022

Detroit police are looking for an individual who allegedly robbed someone at gunpoint who was withdrawing money from an ATM, according to a report by Fox …

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Regions Bank intros virtual commercial card

December 8, 2022

Regions Bank has introduced a Visa virtual commercial card to enable on-the-go business travel payments for Treasury Management clients. With this card…

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Chase offering credit program for underserved areas

December 7, 2022

JPMorgan Chase has launched a Special Purpose Credit Program to provide credit for small businesses owners in underserved communities. The bank piloted the…

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Nigeria caps ATM withdrawals at $225 weekly to promote CBDC

December 7, 2022

Nigeria is attempting to push the usage of its central bank digital currency eNaira by capping the amount users can withdraw from ATMs at $45 per day and $22…

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Senators target Silvergate following FTX collapse

December 6, 2022

Senator Elizabeth Warren, a Democratic from Massachusetts, along with Republican Sens. John Kennedy of Louisiana and Roger Marshall of Kansas, have sent a…

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BMO announces $40B community benefits plan

December 2, 2022

BMO Financial Group has announced a Community Benefits Plan, which will provide more than $40 billion for local communities, with more than $16 billion…

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Regions Bank intros tuition-free education for associates

December 1, 2022

Regions Bank has announced a tuition-free program for associates to earn an education through its Guild program. The bank will also reimburse employees for all…

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Trovata intros free cash management platform

December 1, 2022

Trovata, a cash management solutions provider, has introduced a free version of its cash management software. Banks can use the platform to connect to a…

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1st Security Bank acquires 7 Columbia Bank branches

November 30, 2022

1st Security Bank of Washington, a subsidiary of FS Bancorp Inc., has purchased seven branches from Columbia Banking System Inc. in Oregon. These locations…

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Glia appoints EVP

November 29, 2022

Glia, a digital customer service solutions provider for banks, has appointed Paul Sheets to serve as EVP of customer success and services, according to a press…

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KeyBank appoints CFO following retirement

November 28, 2022

KeyCorp, the parent company of KeyBank, has appointed Clark Khayat to serve as CFO following the retirement of Donald R. Kimble on May 1, 2023. Khayat…

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