UMB Financial Corp. has entered an agreement to acquire EL Dorado Savings Bank for a 52% cash, 48% stock transaction valued at approximately $506 million, according to a press release. El Dorado brings on $2.4 billion in assets and $2.1 billion in deposits. This will also expand UMB's present in the west coach, through 31 […]

A federal court sentenced Gheroghe Nistor, 44, to 45 months in federal prison for an ATM skimming operation. He operated these schemes at ATMs in Cayuga and Onondaga Counties, New York, according to a report by Finger Lakes Daily News. He pled guilty to bank fraud and aggravated identity theft alongside co-defendant Radu-Lucien Grigoras. They […]

Artificial intelligence has taken center stage over the last few years. It's been a groundbreaking advancement in how we approach and complete business projects, including ATM management. We can embrace the advantages of AI tools: speed, streamlining and efficiency. But we can't ignore the importance of proper interpretation. AI models can extract data, but without […]

TEN Credit Union has selected Bankjoy as its new digital banking platform, according to a press release. TENCU, a Nashville-based credit union founded in 1950, will launch Bankjoy simultaneously with its conversion to Corelation's KeyStone core processor, ensuring a single, coordinated transition for members. Through the platform, TENCU members will gain access to consumer and […]

Connect Media's inaugural 2026 Top Women in Retail Technology Awards puts a spotlight on women who have made their mark in retail technology innovation and who will prove to have a strong impact on the retail technology sector in the years ahead. The 25 female retail innovators come from a variety of sectors, from brands […]

The Newton City Council is joining several other localities in considering a crypto ATM ban. The city has seen close to 26 scams since 2023, to a tune of $411,000 in losses, according to a report by BC Height. Newton Police Department Sg. Brian Tramontozzi said during a meeting that, "We have some Massachusetts data […]

Police in Pittsford, Vermont are looking for two individuals who allegedly stole an ATM from a gas station, according to a report by WCAX. Cameras captured two individuals wearing black and grey hoodies breaking the store's window. From there, they removed an ATM and other property. It is uncertain if they were able to retrieve […]

The ATM crime wave in Chicago is continuing, with police noting that three people were robbed in a Woodlawn neighborhood in a one week period from Oct. 17 to 23, according to a report by Fox 32 Chicago. In each incident, a man wearing a tan sweatshirt and a ski mask would approach the victims […]

In this weekly series, we will be giving readers a reminder/refresher of the biggest news both in the banking industry and the ATM industry as a whole. Binance disaster The biggest news the week of Oct. 26 to 30 was the $6.3 billion hack of cryptocurrency exchange Binance. Authorities believe that a North Korean sponsored […]

Regions Private Wealth Management has received the 2026 Datos Impact Award for Best Innovation in Financial Planning, according to a press release. The annual award, presented by research and advisory firm Datos Insights, recognizes financial institutions and solution providers for industry innovation and demonstrated business impact. Datos selected Regions for its planning-first model, which integrates […]