News
Fort Bragg CU extends ATM outsourcing relationship with ATM USA
February 1, 2021
Fort Bragg Federal Credit Union, which serves military members and residents of Fayetteville, North Carolina, has extended their partnership with ATM USA, an…
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California DFPI: Not all bitcoin ATMs are subject to licensure
January 29, 2021
California's Department of Financial Protection and Innovation released a new opinion letter covering aspects of the Money Transmission Act as it related to…
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ATM sanitizing top priority for South African banks
January 29, 2021
The Banking Association South Africa is focused on implementing practical measures aimed at preventing the spread of COVID-19 at automated teller machines…
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TD Bank closing 81 branches
January 28, 2021
TD Bank will close 81 of its 1,223 retail branches, almost 7% of all locations, as the COVID-19 pandemic pushes the financial institution from brick-and-mortar…
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Genmega partners with Bitcoin Depot on bitcoin ATMs
January 28, 2021
Genmega, a manufacturer of transactional kiosks and ATMs, has teamed with Bitcoin Depot to offer bitcoin ATMs, according to a press release.
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XTM rolls out mobile payment solution to 68 Earls restaurant locations
January 28, 2021
Earls Restaurants, with locations throughout Canada and North America, has selected XTM Inc. a Toronto-based fintech company's Today mobile app and Mastercard…
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UK ATM withdrawals drop 37% in 2020
January 28, 2021
Consecutive coronavirus lockdowns in the U.K. led to a 37% drop in ATM usage in 2020, according to figures published in a report by ATM cash machine network…
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PayComplete launches as independent fintech platform
January 28, 2021
PayComplete, which originated as a software, hardware and services provider for self-serve transactions and employee assisted payment, is now an independent…
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JPMorgan launching digital retail bank in the UK
January 27, 2021
JPMorgan is planning to expand its retail presence to the U.K. for the first time, but will only offer services through its mobile app.
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Live webinar: AI-powered coaching bots: A new path to financial wellness
January 26, 2021
Financial institution GreenPath, through its partnership with eGain, has launched a Virtual Finance Coach. This AI-powered coach guides customers…
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Huntington Bank to close 97 in-store branches as part of TCF acquisition
January 26, 2021
Huntington Bancshares Inc. will be closing 198 branch offices, including 97 in-store branches located in Meijer Inc. stores in Michigan, after completing the…
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Deutsche Bank conducting internal investigation on banking product sale
January 26, 2021
Deutsche Bank AG is conducting an internal investigation following a Financial Times report describing bank employees who sold investment banking products to…
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NCR and Cardtronics announce definitive acquisition agreement
January 25, 2021
NCR Corp. a technology provider for the financial, retail and hospitality industries, and Cardtronics, a non-bank ATM operator and service provider, announced…
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Mastercard imposes fivefold increase in 'interchange fee' for UK
January 25, 2021
Mastercard is planning a substantial hike in interchange fees to merchants post-Brexit. Mastercard insists that U.K. shoppers using a credit card will not be…
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Tap and go charity donations at UK railway kiosks helps the homeless
January 25, 2021
Worldline payments and Evoke Creative kiosk developers have collaborated to design a charity donation kiosk to support Network Rail's homelessness charity…
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NAC commends OCC for requiring banks to provide fair access
January 22, 2021
The Office of the Comptroller of the Currency just adopted a federal rule aimed at ensuring the provision of fair access to banking services by large national…
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Philippines to test ATM, credit card fare payments in March
January 22, 2021
In March, the Department of Transportation in the Philippines will test the use of credit and ATM cards for payment of fares. The pilot program will test a new…
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Synchrony and Mattress Firm renew strategic partnership
January 22, 2021
Synchrony consumer financial services company and Mattress Firm mattress retailer announced the renewal of their strategic partnership. Under the multi-year…
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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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