Global Payments to provide credit card processing for Truist Financial

May 6, 2020

Global Payments Inc., a payment technology and software solutions provider in Atlanta, Georgia has announced that TSYS, the company's issuer solutions…

Treasury Prime raises $9M to link banks with fintechs

May 6, 2020

Treasury Prime, a San Francisco-based banking software startup, has raised $9 million in a Series A funding round led by Amias Gerety of QED Investors. 

Touchscreens have a role to play in improving safety during the coronavirus pandemic

by Ian Crosby — Sales & Marketing Director, Zytronic

Despite concerns about touchscreen safety, touchscreens also have the potential to provide significant benefits in the coronavirus pandemic in regards to…

Post Covid-19: A wake-up call for financial institutions and credit unions

by Justin Van Peursem — President, MVP Financial Equipment Corporation

With restrictions being lifted from the Covid-19 pandemic lockdown, financial institutions and credit unions should be thinking about how they will prepare for…

CFM upgrades analytic platform for banks, credit unions

May 5, 2020

CFM, an Arizona-based integrated banking technology provider, has made upgrades to its iQ business intelligence platform, according to a company press release.

BOA's PPP applicants receive approvals worth $25B

May 4, 2020

  The Small Business Administration approved loans for Bank of America's small business applicants worth approximately $25 billion under the second wave of…

London-based fintech Revolut launches bank in Lithuania

May 4, 2020

London-based fintech, Revolut, having received its European banking license in late 2018 from European Central Bank and Bank of Lithuania, is expanding its…

Fiserv raises PINless transaction limits at Accel to $100

May 4, 2020

Fiserv Inc. is temporarily doubling the limit for eligible transactions without a PIN code on its Accel debit payments network to $100 from $50, amid the…

Euronet Worldwide acquires Dolphin Debit

by Pat Shea — Editor, NetworldMedia

May 1, 2020

UK cash use down, weekly ATM withdrawal amounts increase

by Pat Shea — Editor, NetworldMedia

Cash use in the UK is down, but LINK, UK's largest ATM cash machine network, reports ATM users have increased the amount of money they're withdrawing.

Consumers trust financial institutions the most with personal info, claims report

May 1, 2020

Visa says contactless use surged amid COVID-19

May 1, 2020

RBS shuts down digital bank Bo, merges accounts into Mettle

May 1, 2020

Israeli bank pleads guilty in hiding $7.6 billion from the IRS

May 1, 2020

The largest banking system in Israel, Bank Hapoalim, pled guilty in Manhattan's federal court on April 30 for helping its U.S. clients hide approximately $7.…

USA Technologies moves annual meeting to May 21 to update proxy materials

April 30, 2020

USA Technologies Inc. has postponed its annual shareholders meeting from today to May 21 in order to update and distribute proxy materials that incorporate the…

You got the PPP— so now what?

by Pat Shea — Editor, NetworldMedia

You're approved for a PPP loan, but now what do you need to do once you receive funding?

Wescom Credit Union donates $10K GrubHub gift cards to hospital staff

April 30, 2020

Huntington Memorial Hospital workers in Los Angeles received a surprise from Wescom Credit Union. The hospital staff, who is working directly with COVID-1…

Trying for a PPP loan? Here’s expert guidance that can help

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

It’s been no secret that ATM operators, manufacturers, distributors and their small business clients have tried to navigate the process of applying for a…

HSBC profit falls due to COVID-19, delays restructuring

April 29, 2020

London-based HSBC is pausing global restructuring plans announced in February and said pre-tax profit fell 48%, to $3.2 billion, during the first quarter due…

Moody's downgrades outlook for African banking from stable to negative.

April 29, 2020

The impact of the coronavirus has caused the American credit rating agency, Moody's, to downgrade the banking systems in South Africa, Nigeria and Morocco from…