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Bank / Credit Union News

Treasury to forgive PPP loans in response to borrower complaints

September 30, 2020

The U.S. Treasury Department will begin forgiving loans to small business owners under the Paycheck Protection Program in response to complaints from borrowers…

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Citi fined for deleting files

September 29, 2020

Citibank has been fined $4.5 million by the Commodity Future Trading Commission for deleting millions of audio files, including recordings which had been…

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First Mid Bancshares to acquire LINCO Bancshares

September 29, 2020

Illinois-based First Mid Bancshares will add 77 locations to its portfolio as part of its parent, First Mid Bank & Trust's acquisition of Missouri-based…

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All-access ATMs for Haitian debit card holders

September 28, 2020

Debit card holders in Haiti will be able to make transactions at any ATM starting Oct. 1, according to a Haitian Times report.

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Westpac hit with $920M penalty in money laundering scandal

September 25, 2020

Westpac, one of Australia's largest banks, has been ordered to pay a penalty of nearly $1.3 billion Australian dollar ($920 million US) to AUSTRAC, an…

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TD Bank COVID-19 survey shows most millennials strapped for cash

September 23, 2020

A third of millennials say COVID-19 negatively impacted their checking account balance, according to TD Bank's latest Money Matters survey.

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SBI aims to compete with ATMs

September 22, 2020

The State Bank of India is urging its customers to tap its automated deposit and withdrawal machines for faster cash access.

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US federally chartered banks can now hold stablecoins in reserve

September 22, 2020

The U.S. Office of the Comptroller of the Currency has published a letter of guidance to national banks and federal savings associations that they can now hold…

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Dalbar study shows U.S. banks need to clean up their act

September 21, 2020

Don't panic, but it's quite possible your bank is not following guidelines on sanitizing its facility for coronavirus.

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ATM Link offers operators new revenue generating fee

September 18, 2020

ATM operators processing their machines with ATM Link can receive an additional 50 cents on top of the usual surcharge for every credit card cash withdrawal.

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Egypt continues ATM withdrawal fee suspension

September 16, 2020

ATM fees, and commissions on ATM cash withdrawals, in Egypt will remain suspended until Dec. 31, according to Rami Abu al-Naja, the deputy governor of the…

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ATMs in Australia on the decline

September 16, 2020

Over the past four years, the number of ATMs in Australia has fallen 15% and the trend is expected to continue, according to the Reserve Bank of Australia.

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Live Webinar: 2020 ATM and Self-Service Software Trends and Analysis

September 14, 2020

This year, 2020, has been like no other.

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It's back to the office for JPMorgan Chase staff

September 11, 2020

Well, it was fun while it lasted, but after six months of working from home, senior staffers in sales and trading for JPMorgan Chase have been ordered to…

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Credit Suisse to launch app to rival digital challengers

September 11, 2020

Credit Suisse will compete with rival challenger banks by launching an app-only banking service.

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BoE won't let Brexit lessen British banking standards

September 11, 2020

As Britain prepares to end compliance with EU laws, it will continue to maintain financial standards above those required by international rules, Sam Woods…

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Swedish mortgages, credit set to plummet

September 11, 2020

Residential mortgages and credit card spending are projected to decline in Sweden over the coming months, according to GlobalData report.

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UK banks accused of failing the environment

September 11, 2020

Only two out of the U.K.'s 36 main banks have plans to reduce their carbon footprint in a timely fashion, according to a Finextra report.

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Live Webinar: Retail banks, rethink the cost of your cash distribution network

by Pat Shea — Editor, NetworldMedia

September 10, 2020

ATM Marketplace is hosting a webinar on Sept.17 that will look at dealing with a "less-cash" society instead of a cash-less one. It's time for retail banks to…

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Citi appoints Jane Fraser CEO

September 10, 2020

Jane Fraser, a 16-year veteran of Citibank and the head of the company's global consumer banking unit, will be Citi's next CEO, making her the first female…

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