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…
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…
Jan. 27, 2025 Poland now has 219 active bitcoin ATMs, making it the fifth largest host of the machines in the world, after the U.S., Canada, Australia and Spain. The country added 10 bitcoin ATMs on Jan. 27, according to a report by Coin Telegraph. It surpasses El Salvador, which currently has 215 machines. The…
Russia will have a unified facial payment system by the second half of 2025, aiming to onboard millions as non-card payment systems gain preference. Sber and NSPK, which operates the Mir card payment system, will join forces to establish standards and achieve interoperability. Sber and NPSK Join Forces to Launch Facial Payment System in Russia…
Jan. 22, 2025 The deadline to sign up for the $197.5 million class action settlement against Visa and Mastercard is Jan. 22. This settlement comes from a lawsuit that accused Visa and Mastercard of illegal surcharge fees on bank-operated ATMs, according to a report by NJ.com. This settlement covered transactions from Oct. 1, 2007 to…
Jan. 20, 2025 Amscot Financial, a financial services company, has opened a store in Tallahassee, Florida. It currently has more than 230 locations in the state, according to a press release. The location will offer cash checking, ATMs, bill payment, money orders, transfers and more. It only allows customers to take one short-term loan at…
What’s the advantage of cash in 2025? Read more to find out. Jan. 17, 2025 | by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator There’s a lot of buzz around the topic of cash and whether it will survive as a payment method. In light of digital wallets, debit cards and other…
With 2025 officially here, the emphasis has once again shifted towards the global payments space, and with-it consumer expectations that will ultimately shape this space. Finance Magnates spoke with industry experts and insiders at Visa Direct for their perspective on the trends, challenges, and opportunities that will define this sphere in the year ahead. Payments…