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News & Media

Getting real about real-time payments

by Pat Shea — Editor, NetworldMedia

During the pandemic, how easy was it to pick up a phone, order food and pay with a click? But can real-time payments effectively work for B2B? ATM Marketplace…

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SBA approves 60,000 loans in first week

January 21, 2021

The U.S. Small Business Administration has already approved approximately 60,000 Paycheck Protection Program loan applications submitted by nearly 3,00…

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MA Gov. Baker Signs Credit Union Modernization Bill

January 21, 2021

Massachusetts Governor Charlie Baker signed bill S2828, An Act Modernizing Credit Union Laws, into law last week. The bill has been a priority for…

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CaixaBank's digital service ‘imagin’ reaches millions of millennials

January 21, 2021

Spain's CaixaBank's digital service and lifestyle platform, imagin, aimed at millennials, reached three million users by the end of 2020. The imaginers…

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Bank of America announces fourth-quarter results

January 20, 2021

Bank of America announced its fourth-quarter results, posting a 28% drop in net income to $5.5 billion in the quarter, or $0.59 per share, but beating the…

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JPMorgan's beats 4th-quarter earnings forecast

January 20, 2021

JPMorgan released fourth-quarter earnings, posting a 42% rise in net income of $12.14 billion versus $8.13 billion estimated by analysts. Revenue was posted at…

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Talking ATMs delivers Rebuild of Evangelion characters

January 20, 2021

Japan's convenience store chain, Lawson, is offering customers more than just the ability to withdraw cash from its in-store ATM machines. The chain has…

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Retail stimulus: POS offerings that reconfigure consumer purchasing

by Andrew Rostami

Andrew Rostami, head of unsecured lending at Citizens Bank, shares insight on how modern point-of-sale programs that embed financing are essentially a stimulus…

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Capital One fined $390M

January 19, 2021

The Financial Crimes Enforcement Network has enforced a $390 million civil penalty fine on Capital One for engaging in violations of the Bank Secrecy Act. The…

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Change in ATM rules for PNB customers

January 19, 2021

In February, customers of Punjab National Bank in New Delhi, India will have to adhere to new ATM rules that will restrict transactions both financial and…

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FNB ATM network increases 30% with PAI, Royal Farms partnership

January 18, 2021

First National Bank, the largest subsidiary of F.N.B. Corporation, Payment Alliance International and Royal Farms announced a partnership agreement that will…

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Walgreens partners with Synchrony and Mastercard

January 18, 2021

Walgreens is expanding its financial services by partnering with Synchrony and Mastercard. The partnership will enable the retail chain to launch credit cards…

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QR Codes regain the spotlight for remote bill pay and more

by John Minor

John Minor is Chief Product Officer for PayNearMe. John shares his knowledge and expertise on QR codes and why this formerly forgotten marketing tool has…

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South African banks told get sanitizers or receive penalty

January 15, 2021

South African banks are racing to get ATM machines in line with COVID-19 regulations after the government was adamant that banks must provide hand sanitizers…

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Bank ABC acquires Egypt’s Blom Bank for $480 million

January 15, 2021

Bahrain's Bank ABC completed its purchase of Lebanon's Blom Bank, a subsidiary of Egypt's Blom Bank, for $480 million according to a report in Reuters.

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FNB of South Africa adheres to safety mandate for ATMs

January 14, 2021

The First National Bank of South Africa has announced the rollout of a comprehensive COVID-19 safety program for its branch network and ATMs with the goal of…

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USA Technologies receives patent for enabling mobile app for vending

January 14, 2021

USA Technologies Inc., a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, has…

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Turkish banks cooperate to create a joint ATM network

January 14, 2021

Turkish state lenders are cooperating to create an ATM network that will put all Turkish ATMs under one joint brand. A private lender has already approached…

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Synchrony's CEO Margaret Keane stepping down

January 13, 2021

Synchrony's Margaret Keane announced she will be stepping down as CEO and Brian Doubles, the company's president will replace her effective April 1, according…

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New York federal credit union to deploy Coinstar kiosks, replacing coin counting equipment

January 13, 2021

Bethpage Federal Credit Union in Bethpage, New York will install Coinstar kiosks at 22 branch locations in New York State, replacing existing coin-counting…

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