News & Media
Mastercard to offer cryptocurrency trading for banks
October 18, 2022
Mastercard has announced a program to help banks add cryptocurrency trading to their offerings. It will bridge Paxos, a cryptocurrency trading platform, with…
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Regions Bank unveils digital payments solution
October 17, 2022
Regions Bank has unveiled a digital payment solution, through its iTreasury platform, that allows corporate banking clients to send payments through the…
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Chase intros Ink credit card
October 17, 2022
JPMorgan Chase has introduced a Chase Ink Business Premier credit card, on digital and retail channels, for all eligible business customers. This card offers…
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Webinar analyzes findings of 2022 ATM and self-service software trends report
by Bradley Cooper — Editor, Connect Media
As banks have had to make adjustments in light of COVID-19 and customer expectations, they have had to rely more, not less, on self-service channels, including…
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Strike raises $80M in funding round
October 14, 2022
Strike, a digital payments platform built on the Bitcoin Lighting Network, has raised $80 million in a funding round led by Ten31. It will use the funds to…
read nowTNS intros smart SIM for ATMs, POS
October 14, 2022
Transaction Network Services has launched smart SIM capability for its Global Wireless Access solution to offer wireless connectivity for ATMs, point-of-sale…
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Wisconsin brings back TYME machine ATMs
October 14, 2022
Landmark Credit Union, based in Wisconsin, is officially bringing back the TYME machine as a brand for its line of ATMs.
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Bank of America to deposit $100M for minority-owned businesses
October 13, 2022
Bank of America will add $100 million in low-cost deposits to minority depository institutions, which will in turn provide banking services in minority and…
read nowArizona Financial Credit Union inks acquisition of Horizon Community Bank
October 13, 2022
Arizona Financial Credit Union has officially acquired Horizon Community Bank, headquartered in Lake Havasu City, Arizona. With this acquisition, the union…
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Delaware law requires retailers to accept cash
October 12, 2022
Democratic Governor John Carney of Delaware has signed House Bill 299 into law, which prohibits sellers from refusing cash, save in certain circumstances. The…
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Infovisa expands partnership with Fifth Third
October 12, 2022
Fifth Third Institutional Services, a division of Fifth Third Bank, has expanded its partnership with Infovisa, a fintech solutions provider. Through the…
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BOK Financial sues ATM manufacturer for $7.3M in losses from hackers
October 12, 2022
BOK Financial/TransFund, based in Tulsa, Oklahoma, is suing Hyosung America Inc. for allegedly selling it defective ATMs. The financial institution claims it…
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Bank of America expands payments to euro
October 12, 2022
Bank of America's payments solution, Pay by Back, is now available for euro transactions through a partnership with Banked Ltd. The open banking platform…
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ATMs deliver cash recycling, management needs
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Despite rumors to the contrary, consumers still want cash access and as a result the need for recycling and cash management is still great. ATMs can meet all…
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Payment card shipments drop slightly in 2022
October 11, 2022
Payment card shipments will hit 3.029 billion in 2022, a drop from 3.11 billion shipments in 2021, according to ABI Research. Overall, the market has been more…
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Google Cloud partners with Coinbase to deliver Web3 services
October 11, 2022
Coinbase is partnering with Google Cloud to provide services to Web3 users and developers. Coinbase will process blockchain data on Google Cloud and expand its…
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Former Fed chairman wins Nobel Prize for bank research
October 11, 2022
Ben Bernanke, former chairman of the Federal Reserve, has won a Nobel Prize in Economics alongside economists Douglas Diamond and Philip Dybvig for research on…
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Corsair to sell NoteMachine UK ATM division to The Brink's Company
October 10, 2022
Corsair, a financial services investment company, has announced it will sell the UK ATM and TestLink divisions of NoteMachine Group Holdings Ltd to a…
read nowRapid Finance inks acquisition of Thrive
October 10, 2022
Rapid Finance, a provider of financing solutions for small businesses, has acquired Thrive, a digital lending platform provider. Through the acquisition…
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Drone steals nearly $150K from an ATM
October 10, 2022
French police arrested two men who allegedly used an unorthodox method to steal from an ATM: a drone. The drone was able to enter the air vent of a Caisse…
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