Coronavirus / COVID-19 News & Media
BOA CEO: 'US economy starting to recover'
May 29, 2020
Bank of America CEO Brian Moynihan told CNBC’s Squawk Box co-host Becky Quick Thursday that the economy is beginning to recover from the coronavirus pandemic.
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Understanding Lean Bank Branches and the Benefits for both Customers and Banks
The 4 key reasons banks should consider investing once the Coronavirus lockdown is over
Presented by Auriga
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UK Parliament concerned ATM-use plunge endangers cash access
May 26, 2020
Members of Parliament in the UK's House of Commons are concerned that the country's cash infrastructure could collapse due to people avoiding ATMs during the…
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Venezuela demands BOE to return gold
May 21, 2020
Banco Central de Venezuela has filed a legal claim in the UK's High Court against the Bank of England demanding the immediate release of $1 billion in gold…
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Why self-service banking is essential in a post-pandemic world
by Pat Shea — Editor, NetworldMedia
ATM Marketplace spoke with Simon Powley, head of global advisory consultant services with Diebold Nixdorf, on how self-service and omnichannel banking will…
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BX3 offers tax help to small businesses
May 18, 2020
To help small businesses manage tax returns and corporate filings by the new state and federal tax deadline of July 15, 2020, capital raising and business…
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Bank of America offers bond to help combat COVID-19
May 18, 2020
With the offering of its $1 billion corporate bond, Bank of America Corp became the first global commercial bank to specifically finance parts of the health…
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Following COVID-19: How the virus is affecting the ATM industry
May 15, 2020
ATM Marketplace is tracking CORONA-19 news, and we will update as more news becomes available.
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How safe and secure are your ATMs during this pandemic?
by Yonas Marcos
The COVID-19 pandemic has caused frustration and economic hardship for people throughout the world and ATMs can be an attractive target for criminals. Here are…
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Pandemic triggers Ireland’s decline in cash usage
May 14, 2020
Cash payments in Ireland were down 57% as of April 2020. A revised payments market forecast is expecting the value of payments to rise at a compound annual…
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JPMorgan credit card holders reduced spending due to pandemic
May 14, 2020
The coronavirus pandemic is responsible for why this past March and April, JP Morgan Chase & Co's U.S. credit card holders spent 40% less on non-essential…
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Discover extends EMV liability date for gas stations until April
May 14, 2020
Discover Financial Services is extending its EMV fraud liability date, for automated fuel dispensers, for six months from Oct. 16 this year until April 16…
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Banking regulators, lawmakers meet on COVID-19 lending programs
May 13, 2020
The Senate Banking committee held its first remote hearing since the pandemic began and emphasized to members of the Federal Reserve, Federal Deposit Insurance…
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Remote tellers: A strategy for broadening banking options during social distancing
Daniel Dawson, an associate at RBR, explains why video banking may provide a solution for financial institutions concerned about social distancing when they…
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Survey says over 80% of U.S. small businesses expect long-term impact from pandemic
May 11, 2020
San Francisco-based Veem, a global payments network, surveyed 690 small business companies on a variety of issues regarding how the coronavirus has affected…
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As we reshape our lives, cash will bind us together
by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC
Blogger Richard Buckle explains how cash is still a necessary payment option, especially to the underbanked and underserved, during the COVID-19 pandemic.
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Canadian banks help business access emergency wage subsidy
May 8, 2020
To help businesses affected by COVID-19 gain access quickly to Canada's Emergency Wage Subsidy, Canada's banks have partnered with the Government of Canada to…
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BOA's PPP applicants receive approvals worth $25B
May 4, 2020
The Small Business Administration approved loans for Bank of America's small business applicants worth approximately $25 billion under the second wave of…
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UK cash use down, weekly ATM withdrawal amounts increase
by Pat Shea — Editor, NetworldMedia
Cash use in the UK is down, but LINK, UK's largest ATM cash machine network, reports ATM users have increased the amount of money they're withdrawing.
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You got the PPP— so now what?
by Pat Shea — Editor, NetworldMedia
You're approved for a PPP loan, but now what do you need to do once you receive funding?
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