Regulators, banks plan for contingencies as customers rush for cash amid COVID-19

by David Jones — Editor, Networld Media Group

March 16, 2020

Government regulators and bank officials said they were prepared for various contingencies amid reports that consumers are making large cash withdrawals due to…

Associated Bank lobby access temporarily suspended

March 16, 2020

Associated Bank is temporarily suspending lobby access at most branches as of Tuesday, March 17 due to public health concerns regarding COVID-19, the…

Fiserv postpones investor conference, boosts guidance on First Data synergies

March 11, 2020

Fiserv Inc. will postpone its March 25th investor conference in New York until later this year amid heightened concerns about the coronavirus outbreak. The…

Wells Fargo to launch zero- and limited-overdraft fee accounts

March 3, 2020

(Updated at 7:45 p.m. EST with additional background)

Robinhood to offer case-by-case compenstion after trading app outages

March 3, 2020

Robinhood has recovered from a prolonged series of outages this week during one of the most volatile trading periods in U.S. history. The trading app was down…

Time to evolve, not withdraw the ATM

by Ben Hickinbotham — Vice president, MoneyPass, Fiserv

Amid rapid changes in the cash economy and the rise in digital payments, the ATM is likewise facing challenges that have led to an evolution that will meet the…

Capital One to shut 37 branches across US

February 28, 2020

Capital One Financial Corp. is closing 37 bank branches across the U.S. as the bank works to reconcile its traditional banking business with a customer base…

Brink's acquires non-branch ATMs from AIB

February 28, 2020

Brink's has agreed to buy more than 500 remote ATMs from Allied Irish Bank. The agreement comes about a month after AIB and Bank of Ireland put their…

Litecoin Foundation partnering with MeconCash on e-commerce, ATM access

February 28, 2020

Litecoin Foundation is partnering with MeconCash to integrate Litecoin into its MPay platform, a deal that will allow the the digital currency to be used for…

Self-service retailers comfortable with biometrics and privacy rights

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Technology providers using biometric identification believe they can comply with stringent consumer protection laws despite some recent lawsuits.

Four digital banking trends to watch in 2020

In 2020 and beyond, it will critical for banks and credit unions to reevaluate their digital strategies.

Banking for Humanity: Technology to Increase the Human Touch

Technology versus Humanity? Banks have been struggling with the concept of being more personal with their customers. ‘Banking for Humanity’, a concept explored…

Cash recycling, interactive teller machines are the future of banking

by David Jones — Editor, Networld Media Group

Cash recycling and interactive teller machines are allowing banks and credit unions to create significant efficiencies at the branch level, with reduced…

ABN Amro, DXC invest in digital banking software startup Fenergo

February 13, 2020

Remitly launches digital banking service for immigrant communities

February 3, 2020

Remitly, a Seattle-based digital money transfer company, has launched Passbook by Remitly, a mobile banking service designed for immigrant communities, with no…

Merging digital and in-person services for the next generation of banking customers

It’s important for banks to understand the demands of Gen Z consumers and plan ahead, in order to provide the services and capabilities that this next wave of…

Maintaining Security in an Insecure World

Consumers are increasingly demanding online and mobile financial products to support their digital lifestyles. Is your financial institution prepared to ensure…