Bank of America study finds 401(k) balances increasing

February 14, 2024

Bank of America found that 401(k) account balances rose by 15% to an average of $86,280 in 2023, up from $75,045 at the end of 2022 in its fourth quarter 202…

Digital Wallet to acquire money transfer service from Seven Bank

February 14, 2024

Digital Wallet Corp., a fintech company, has acquired Seven Bank Ltd.'s international money transfer service Seven Global Remit Ltd. With this acquisition…

BMO extends Agent IQ partnership for live chat online trading

February 13, 2024

BMO has expanded its partnership with digital relationship banking provider Agent IQ to launch Bili, a digital tool for BMO's online trading platform…

Union Bank selects Baker Hill for consumer loan origination

February 12, 2024

Union Bank, based in Vermont and New Hampshire, has partnered with fintech Baker Hill to leverage its NextGen solution for consumer lending and TruStage…

Shields Business Solutions appoints EVP of sales

February 9, 2024

Shields Business Solutions, a ATM/ITM sales and service company, has appointed Kathleen Amadio as EVP of sales. She has spent 25 years in NCR's banking…

NovoPayment partners with Mastercard to provide Mexican payments

February 8, 2024

NovoPayment, a payments infrastructure provider, received certification for the Mastercard Network Enablement Partner program to process Mastercard…

3 predictions for the ATM Industry in 2024

by Maya Fuentes — Senior Vice President, M&A Business Development, Paramount Management Group

The ATM industry is constantly evolving to meet the changing needs of consumers. Going into this new year, several key trends are expected to shape the future…

Wall Street concerned over possible regional bank crisis

February 6, 2024

In spring 2023, the banking sector was rocked by the collapse of multiple banks including Silicon Valley Bank and Signature Bank. Now Wall Street investors are…

Euronet Expands Independent ATM Network Into Belgium and Mexico

Euronet (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, today announced the further expansion of its independent ATM…

JCB to offer 10% cashback for US purchases

February 5, 2024

JCB International Credit Card Co. Ltd., the U.S. subsidiary of JCB Co. Ltd., is offering 10% cashback to JCB cardholders in Taiwan who make purchases in the…

JPMorgan Chase, Bank of America considering DocuSign buyout

February 2, 2024

JPMorgan Chase and Bank of America Corp. are currently considering raising $8 billion to purchase the e-signature company DocuSign Inc. Multiple equity firms…

Keybank to deliver $50M in capital to community development banks

February 2, 2024

Keybank announced $50 million in deposits with six community development financial institutions and minority depository institutions, which include four-Black…

GoldATM intros gold bill dispensing ATMs

GoldATM plans to unveil its gold dispensing ATMs. These kiosks will provide Goldback bills, made of 24-karat gold with the flexibility of cash. This currency…

Bluevine partners with Allpoint for ATM cash deposit

January 30, 2024

Bluevine, a digital banking platform, partnered with Allpoint to offer ATM cash deposit access to its customers at 1,500 Allpoint+ ATMs and 91,500 total ATMs…

Federal Home Loan Bank of Cincinnati adds $3.9M to disaster relief program

January 30, 2024

The Federal Home Loan Bank of Cincinnati has replenished its disaster reconstruction program with $3.9 million for a total of $5 million. The bank first…

3 reasons to attend Bank Customer Experience Summit in 2024

by Bradley Cooper — Editor, Connect Media

Make it your late New Year's resolution to attend the jointly held Bank Customer Experience and Interactive Customer Experience Summit from Sept. 9 to 11 in…

Florida seeks to regulate crypto ATMs

January 24, 2024

Florida lawmakers want to apply existing ATM restrictions to cryptocurrency ATMs to prevent fraud, according to a wmfe.org report.

Majority of EU banks not meeting green standards

January 24, 2024

A majority (nine out of 10) of the European Union's biggest banks aren't doing enough to move away from fossil fuels, according to a study by the European…

Anchor Loans intros third-party originator channel

January 23, 2024

Anchor Loans, a direct lender, launched its third-party originator channel for mortgage brokers, banks, private lenders and other partners. It will offer a…

Ireland minister of finance to bring proposal to ensure ATM access

January 22, 2024

Michael McGrath, minister for finance in Ireland, has brought a proposal to the Cabinet to ensure access to ATMs through the Access to Cash Bill. With this…