News
Branch offers surcharge-free ATM access through Cardtronics
March 5, 2020
Branch, a fintech that provides workers with advanced access to their paychecks, has teamed up with Cardtronics to provide surcharge-free ATM access through…
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National ATM Council urges support for Payment Choice Act
March 4, 2020
The National ATM Council, Inc. has encouraged its members to support The Payment Choice Act (HR 2650) to ensure that U.S. consumers continue to have the…
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Wells Fargo to launch zero- and limited-overdraft fee accounts
March 3, 2020
(Updated at 7:45 p.m. EST with additional background)
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Robinhood to offer case-by-case compenstion after trading app outages
March 3, 2020
Robinhood has recovered from a prolonged series of outages this week during one of the most volatile trading periods in U.S. history. The trading app was down…
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Fiserv acquires MerchantPro Express
March 3, 2020
Fiserv Inc. announced the acquisition of MerchantPro Express, a deal that will expand the company's merchant services business.
read nowSecurity Vault Works names industry veteran Pellegrino as president
March 2, 2020
Security Vault Works Inc., a provider of self-service kiosks and ATMs for the banking industry, has named veteran industry executive Nick Pellegrino as its…
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Capital One to shut 37 branches across US
February 28, 2020
Capital One Financial Corp. is closing 37 bank branches across the U.S. as the bank works to reconcile its traditional banking business with a customer base…
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National ATM Council names board for 2020-2023
February 28, 2020
Sarantopoulos The National ATM Council, Inc. has appointed its board of directors' officers for 2020-2023, according to a press release. Each will…
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Brink's acquires non-branch ATMs from AIB
February 28, 2020
Brink's has agreed to buy more than 500 remote ATMs from Allied Irish Bank. The agreement comes about a month after AIB and Bank of Ireland put their…
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Litecoin Foundation partnering with MeconCash on e-commerce, ATM access
February 28, 2020
Litecoin Foundation is partnering with MeconCash to integrate Litecoin into its MPay platform, a deal that will allow the the digital currency to be used for…
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Lloyds Bank cutting 780 jobs as consumers shun branches
February 27, 2020
Lloyds Banking Group is slashing 780 jobs as the U.K. financial institution faces an industry wide shift of customers moving away from in-person branch visits…
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Virgin Money to slash 500 jobs, consolidate or close 52 branches
February 27, 2020
Virgin Money will slash 500 jobs and also close 22 branches outright and consolidate another 30 branches into another nearby Clydesdale Bank/Yorkshire Bank or…
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Brink's acquires majority of G4S cash operations for $860M
February 26, 2020
Brink's, the world's leading cash management company, is buying a majority of the cash operations of G4S, the U.K.-based security and cash management firm, for…
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Loomis acquires Finnish ATM, cash-handing firm
February 26, 2020
Loomis AB acquired Finnish cash management and ATM firm Automatia Pankkiautomattit Oy (Automatia) for 42 million euros ($45.6 million), which includes…
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Revolut raises $500M in Series D to boost account usage
February 25, 2020
Revolut, a U.K.-based challenger bank, announced $500 million in Series D funding led by U.S. growth capital firm TCV, which values the company at $5.…
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Branchserv, COCC provide dual-host ITMs for banks, credit unions
February 25, 2020
BranchServ, a division of Custom Vault Corp., has partnered with financial technology firm COCC, to launch a transformational automation solution for community…
read nowFiserv sees surge in bank, credit union participation in Turnkey Service for Zelle
February 24, 2020
Fiserv Inc. said that almost 600 banks and credit unions have joined P2P money transfer services through its Turnkey Service for Zelle business, with more than…
read nowCapterra study shows most UK freelancers, small businesses would consider digital bank
February 21, 2020
Capterra released a study showing that 90% of small businesses and freelancers in the U.K. currently using a traditional bank would consider switching to a…
read nowCLS coin recycler gets first certification for use with Nexus
February 21, 2020
Crane Payment Innovations, a unit of Crane Co., announced the integration of its CLS coin recycler on the Nexus Evolution product suite from Nexus Software. It…
read nowACI Worldwide enters ATM management deal with Ecuador's Banco Internacional
February 20, 2020
ACI Worldwide has announced that Banco Internacional, one of Ecuador's largest banks for commercial and credit placement, will support the management of its…
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