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Authorities have arrested two men in Denver for allegedly jackpotting three ATMs in Wyoming. Yonaiker Alexander Fernandez Pedron and Yohandri Ramo Ramirez Gonzalez are being charged with possession of stolen bank property, according to a report by 9 News.
Loomis AB, a cash handling company, will acquire Burroughs, a lifecycle management services company for ATMs, smart safes, kiosks and other devices. The initial purchase price will be $72 million and is part of Loomis' strategy to improve its ATM and automated solutions services, according to a press release.
Euronet partnered with Prosegur Cash to launch its independent ATM network in Peru and the Dominican Republic. Through this partnership, the companies aim to launch independent ATMs and ATM-as-a-service for banks in the region, according to a press release.
Virginia Credit Union, partnered with Blend to integrate its consumer banking suite of products for digital applications for accounts, credit cards and loans. With these tools, the credit union can deliver a better member experience, according to a press release.
JPMorgan Chase filed additional lawsuits against several individuals who allegedly took advantage of the "infinite money glitch" at ATMs last year. This glitch circulated on social media, which encouraged users to write a fake check, deposit it into an ATM, then withdraw some of the funds that were immediately available prior to the check bouncing, according to a report by Yahoo! Finance.
Regions Bank announced a variety of disaster recovery financial services for communities impacted by severe weather from April 2 to 7. It is particularly aimed for communities in Illinois, Indiana, Arkansas, Kentucky, Missouri, Mississippi, Tennessee and Texas.
Authorities are on the lookout for three men who robbed an ATM technician at a Wells Fargo Bank in Centennial, Colorado. The technician was working on the ATM when the three suspects in ski masks approached him, according to a report by KDVR.
Farmers & Merchants Bank, based in Stuttgart, Arkansas, partnered with Candescent to deploy its Digital Banking platform. With this platform, the bank can improve its cash management services and provide more user friendly experiences for its customers, according to a press release.
Republic Bank & Trust Company partnered with Fiserv to integrate its DNA platform for its digital transformation goals. DNA will offer a technology architecture to streamline processes and reduce manual workloads, according to a press release.
Authorities in Everett, Washington have discovered multiple skimming devices on ATMs, gas station POS devices and grocery stores in the area. With these tools, criminals can steal card data and are often paired with pinhole cameras to steal PIN numbers, according to a report by Herald Net.
A Florida judge has dismissed a lawsuit against Citi that alleged racial discrimination. The lawsuit argued that Citi was committing racial discrimination by waiving ATM fees for account holders at nonwhite-owned banks but not white-owned banks, according to a report by Yahoo! Finance.
Consumers in some regions will soon have cash withdrawals at money service businesses tracked. The US Treasury Department's Financial Crimes Network will mandate certain border regions near Mexico to report cash deposits and withdrawals of $200 or more, according to a report by Economic Times.
Vantage Bank has selected SRA Watchtower for its Holistic Risk and Business Intelligence Platform for risk management. With this platform, the bank will centralize all risk data, optimize reporting and align risk for strategic goals, according to a press release.
NCR Atleos Corp. has appointed Traci Hornfeck as Chief Accounting Officer, effective March 31, 2025, according to a press release. Ms. Hornfeck brings nearly 25 years of accounting experience, joining Atleos from Rollins Inc., where she served as Chief Accounting Officer since 2021. Prior to Rollins, she held leadership roles at Equifax Inc. and began her career at PricewaterhouseCoopers, LLP.