Bank / Credit Union News
Mexican prepaid card market to reach $33.80B by 2026
March 1, 2022
The Mexican prepaid card market will grow from $19.57 billion in 2022 to $33.80 billion by 2026, according to research from ResearchandMarkets.com. It will…
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Visa, Mastercard block Russian banks
March 1, 2022
Visa and Mastercard have officially blocked multiple financial institutions within Russia that are listed on the U.S.'s sanctions list. The payments companies…
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Bank of America intros online payment solution
February 28, 2022
Bank of America recently launched its Pay by Bank online payment solution in conjunction with Banked Ltd. With this service, customers can pay e-commerce…
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Citi ends overdraft fees
February 25, 2022
Citi recently announced it will eliminate all overdraft fees, returned items fees and overdraft protection fees by this summer, according to a press release.
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Cash logistics market to reach $33.28B by 2030
February 24, 2022
The cash logistics market will reach $33.28 billion by 2030, up from $16.83 billion in 2020, according to a report by Allied Market Research. It will also grow…
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Bank of America gains 2 million digital clients
February 23, 2022
Bank of America announced it gained more than 2 million active digital clients in 2021. Customers also logged into the bank's digital platforms 10.5 billion…
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American Express intros digital checking account
February 22, 2022
American Express recently launched its American Express Rewards Checking account, a digital checking account available for all U.S. consumer card members. The…
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Webster to acquire Bend Financial
February 22, 2022
Webster Financial Corp., the holding company for Webster Bank and HSA Bank, has officially acquired Bend Financial Inc., a cloud-based platform solution…
read nowPAI inks acquisition of TouchPoint 21
February 18, 2022
PAI, an ATM portfolio management tools and services company, has acquired TouchPoint 21, an ATM and cash management outsourcing company. With this acquisition…
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Bank of Baroda selects NCR for ATM-as-a-service solution
February 17, 2022
Bank of Baroda, a large bank based in India, has selected NCR Corp. to provide its ATM-as-a-service solution. With this solution, the bank will transfer…
read nowWestPark Capital hires head of capital markets
February 15, 2022
WestPark Capital, an investment bank, has hired Ed Tsuker to serve as head of capital markets, according to a press release. Prior to joining WestPark, Tsuker…
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Czech Republic financial services group teams with Diebold Nixdorf to achieve tellerless branches
February 15, 2022
CSOB, a financial services group in the Czech Republic, has increased both ATM uptime and cash availability to nearly 100% and decreased costs since using DN…
read nowRegions Bank appoints head of corporate development
February 14, 2022
Regions Bank, a provider of consumer and commercial banking, has appointed Nikki Stephenson as head of corporate development. Previously she served as head of…
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Chase, United Airlines, Visa intro cardmember offer for Black History Month
February 14, 2022
Chase, United Airlines and Visa have partnered to offer United Visa cardmembers the opportunity to donate to non-profit organizations that offer educational…
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Diebold Nixdorf improves Q4, FY 2021 losses, upbeat for 2022
February 11, 2022
Diebold Nixdorf improved its Q4 and FY 2021 losses against a quarterly sales dip and a yearly sales gain and is bullish on FY 2022, according to an earnings…
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NCR boosts Q4, FY 2021 revenue, earnings
February 11, 2022
NCR Corp. reported strong revenue and earnings gains for Q4 and FY 2021, according to an earnings release. For the full year, banking, retail and hospitality…
read nowKeyBank hires chief diversity, equity officer
February 11, 2022
KeyCorp, a financial services company and owner of KeyBank, has appointed Helena Haynes-Carter as chief diversity, equity and inclusion officer. In this role…
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Los Angeles Police Federal Credit Union expands into more counties
February 9, 2022
The Los Angeles Police Federal Credit Union has now expanded into more Southern California counties including Orange, Riverside, San Bernardino and Ventura.
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Laurel Road hires financial therapist for 'metal wealth' initiatives
February 8, 2022
Laurel Road, the digital banking platform of KeyBack, has selected Aja Evans, a license mental health counselor based in New York City, as a financial…
read nowCatalyst Bancorp appoints CFO
February 7, 2022
Catalyst Bancorp Inc., the parent company for St. Landry Homestead Federal Savings Bank, has appointed Jacques Bourque as chief financial officer. Prior to…
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In business for more than three decades, Lock America, Inc. of Corona,CA develops, manufactures and markets high security locks for various industries, including amusement, gaming, information management, fuel distribution and self-storage.
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