Payments Photo: Adobe Stock March 11, 2025 ATMs across India are having a cash shortage problem. This is due to the collapse of AGS Transact Technologies, which both operates and replenishes ATMs with cash, according to a report by First Post. In February 2025, employees at AGS refused to fill many ATMs after they claimed…
Branch Transformation Photo: JHVEPhoto – stock.adobe.com March 5, 2025 Woodforest National Bank has opened its seventh retail branch in H-E-B in Kingwood, Texas. The branch includes a lobby and ATM for its customers, according to a press release. Woodforest opened its first H-E-B branch in 2022 in Magnolia, Texas. “H-E-B has been a wonderful partner…
Photo: Drew Chuba, Regions Bank. Provided by Regions. March 3, 2025 Regions Bank has appointed Drew Chuba as SVP, home loan direct centralized sales and enablement manager. He will lead the mortgage solutions team and expand the bank’s digital enablement infrastructure, according to a press release. Chuba will report to Peter Boomer, head of Regions…
Photo: Adobe Stock February 24, 2025 Customers Bank, a subsidiary of Customers Bancorp, has been named one of America’s Best Banks by Forbes. The organization selects the banks based on growth, credit quality and profitability, according to a press release. This is the seventh consecutive year that Customers Bank has earned this award. “Customers Bank…
Feb. 21, 2025 The Federal Home Loan Bank of Chicago has dedicated $46 million for its 2025 Downpayment Plus grant program for homebuyers in Illinois and Wisconsin. This service provides forgivable grants to homebuyers when closing through a participating member financial institution, according to a press release. Eligible buyers can receive up to $10,000 through…
Feb. 20, 2025 Evolv, a payment acceptance solutions provider, has partnered with Community Bankers Association of Georgia to provide payment solutions to banks in Georgia and improve the banking industry as a whole, according to a press release. “Evolv is excited to partner with CBA to offer a superior Merchant Services program to their partner…
Feb. 18, 2025 Utah Community Credit Union has joined NCR Atleos‘ Allpoint Network of surcharge free ATMs. By joining this network, its members will have access to more than 40,000 ATMs in the U.S., according to a press release. Members can also make cash deposits at select ATMs in the Allpoint Network. UCCU has added…
Here are three ATM security challenges on the horizon in 2025 and how to prepare for them. Financial institutions are facing a new wave of security challenges that affect ATM networks around the globe, especially as the digital landscape rapidly changes, seemingly by the minute. Staying ahead of the curve to safeguard sensitive financial information…
Jan. 31, 2025 Police responded to an ATM theft at a Boeing Employees Credit Union branch in Seattle. Suspects were using a stolen forklift to break into the branch and ripped two ATMs from the wall, according to a report by Komo News. Three to four suspects were involved in the incident and they loaded…
Jan. 31, 2025 Consumers Credit Union announced plans to install a TellerPlus+ ATM at the Muskegon Farmers Market in Muskegon, Michigan by May 1. This ATM will provide traditional services along with payments, account questions, new account opening, cash advances and other advanced tools, according to a report by Mlive. “We chose this lot to…