Branch banking

Cardtronics has completed its acquisition of Canadian ATM operator DirectCash Payments.

When Diebold wrapped up its $1.8 billion Wincor Nixdorf acquisition last August, there was one asterisk on the deal: The U.K. Competition and Markets Authority (CMA)—which this week threw a flag on Mastercard’s proposed acquisition of VocaLink—wanted to explore whether the ATM network giants’ merger stifled local competition.

Mastercard's $900 million acquisition of British payment company VocaLink is under fire, as the U.K.'s Competition and Markets Authority contends the deal will give the card network an unfair advantage in ATM-related negotiations.

Cash machine transactions have held steady over the past three years, despite the rise of mobile and peer-to-peer payments, according to Andy Mattes, CEO of ATM manufacturer Diebold Nixdorf. "Consumers embrace all types of payment," Mattes says.

Consumers, particularly younger people, are placing an importance on being able to obtain a plastic card in a branch and use it right away.

Several community banks are turning their bright ideas into cold hard cash by selling or licensing products to other institutions.

After news of possible reductions in withdrawl limits, casino stocks suffered steep losses.

The veteran banker, who is taking the nonexecutive chairman post at Republic First Bancorp in Philadelphia after a long hiatus from the U.S. market, stands by the model he pioneered at Commerce despite a much-changed environment.

Lines are nothing new in Venezuela, where the economy is shattered. Now added to the indignities of daily life in a country desperately short on most everything except crime is the ATM hustle, as banks crack down on what customers can take out.

The credit union had asset of just over $76,000, and NCUA determined it was insolvent with no prospect for restoring viable operations.

A combination of slick technology and sleek design has led to the creation of a whole new take on the "branch of the future" at America First Credit Union.

Consumers flooded Twitter and downdetector.com with complaints that Bank of America's teller system was down Tuesday afternoon.

Barclays is responding to consumer expectations of a smooth mobile experience in all venues by adding technology at ATMs.

The philosophy boils down to “Think broadly, act locally.”

From recycling programs to LEED-certified branches and energy-efficiency loans for members, credit unions have found a wide variety of ways to go green for the sake of the planet.

Major wholesalers at Delhi’s largest fruit and vegetable market, which serves most of the capital’s nearly 17 million people, are planning to sell their products at bargain prices in order to move perishable stock as the impact of India’s cash shortages continues to bite.

Dover Federal Credit Union, Dover, Del., is joining a growing number of companies across the Blue Hen State to designate special parking spots for veterans of the U.S. military.

Credit unions across the country open their doors to non-members to cast ballots on Election Day, and while most aren’t expecting any trouble during this tense election season, it can create both challenges and opportunities for participating CUs.

Hitachi Ltd. is introducing a system to protect people from being conned into transferring money from their bank accounts at automated teller machines.

The key to managing branches far removed from an institution’s headquarters, CUs say, is ensuring consistency for members and employees, regardless of where they’re doing business.