Tyndall Federal Credit Union gives $13.7M in profits to members

December 19, 2022

Tyndall Federal Credit Union has returned $13.7 million in profits to more than 70,000 qualifying members. It deposited the profits ranging from $70 to $42…

University Credit Union partners with Asa to connect members to fintechs

December 19, 2022

University Credit Union, based in Los Angeles, has partnered with Asa, an embedded fintech solutions provider, to connect its members to fintech services. Asa…

Security, bitcoin ATMs, banking trends claim top spots in 2022

by Bradley Cooper — Editor, Connect Media

In 2022, readers revealed a wide variety of interests ranging from how to purchase a bitcoin ATM to how to handle ATM security and other topics.

Euronet Launches Refreshed Brand Strategy, Including New Corporate Logo and Refined Mission Statement

LEAWOOD, Kan. (Dec. 15, 2022) — Euronet (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, launched a new visual identity…

FTX founder arrested in Bahamas

December 13, 2022

Authorities in the Bahamas have arrested Sam Bankman-Fried, the founder of defunct cryptocurrency exchange FTX. He was arrested after U.S. prosecutors filed…

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…

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…

CoinFlip deploys bitcoin ATMs to Puerto Rico

December 5, 2022

CoinFlip, a cryptocurrency ATM provider, has deployed four bitcoin ATMs in Puerto Rico. The company has a network of 4,000 ATMs, according to a press release.

Diebold Nixdorf opens Indian manufacturing center

December 2, 2022

Diebold Nixdorf has opened a manufacturing facility in Bengaluru, Indian. The facility is part of its Make in India initiative to foster manufacturing…

Bitcoin ATMs hit it big

Despite bitcoin's downturn in value, bitcoin ATMs are still surging forward in both popularity and success.

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…

Uphold intros debit card with crypto rewards

November 23, 2022

Uphold, a digital money platform, has launched a debit card for U.K. customers that offers up to 4% rewards in XRP(Ripple). The company will also provide a…

Fifth Third Bank refreshes mobile app

November 22, 2022

Fifth Third Bank has launched a cloud-based mobile banking app. It works with Fifth Third Momentum Banking, which offers tools such as early direct deposit…

Why banks should include ATMs in the 2023 budget

by Yonas Marcos — President & CEO, Star Financial

Some banks are moving exclusively towards mobile banking for 2023, but research reveals customers, including Gen Z still want ATMs.

Union Bank survey finds small businesses optimistic this holiday season

November 18, 2022

Small business owners are optimistic about the future, particularly the holiday season, according to a Small Business Holiday Spending 2022 survey conducted by…

Fintech cloud market to reach $196B

November 16, 2022

The fintech cloud market will reach $196.2 billion by 2031, according to a press release from Allied Market Research. It will also grow at a compound annual…

MoneyGram adds cryptocurrency to app

November 16, 2022

MoneyGram International Inc., a digital peer-to-peer payments company, has added cryptocurrency services to its mobile app. With the tool, customers in most…

Examining pros, cons of banks and cryptocurrency

by Bradley Cooper — Editor, Connect Media

Cryptocurrency has come a long way since its humble beginnings. Is it time for banks to take the plunge into cryptocurrency?

CoinFlip earns top workplace award

November 15, 2022

CoinFlip, a cryptocurrency ATM provider based in Chicago, has won a Top Workplaces 2022 award from Chicago Tribune's Top Workplaces contest. This award is…

Ways banks are finding, and retaining, talent

by Bradley Cooper — Editor, Connect Media

Banks are rethinking branch strategies in light of consumers wanting financial advice at branches instead of traditional banking services. However, a challenge…