News
European fintech helps customers free up cash flow during lockdown
April 22, 2020
Curve, a banking platform that consolidates multiple cards and accounts into one smart card and app, has added a new feature that now allows customers to move…
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Alaska passes ATM surcharge law on cross-border transactions
April 22, 2020
Alaska's Governor Mike Dunleavy signed state legislation authorizing ATM surcharges on international credit/debit card transactions at retail ATMs throughout…
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Rellevate partners with Cardtronics to offer surcharge-free ATM access
April 21, 2020
Rellevate LLC, a digital banking fintech company, has teamed with Cardtronics to provide surcharge-free cash access through over 55,000 of Cardtronics…
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Wells Fargo, JPMorgan among banks being sued over SBA loans
April 21, 2020
Small businesses affected by the coronavirus are suing Wells Fargo & Co., Bank of America Corp., JPMorgan Chase & Co. and US Bancorp. The lawsuit…
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Remote account opening solution launches early for PPP applicants
April 17, 2020
Fenergo, a provider of digital solutions for financial institutions, announced an early launch of its remote account opening solution. The launch of the…
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NAC launches ATM Deployer Survey on the impact of COVID-19
April 17, 2020
The National ATM Council, in cooperation with its governmental affairs team, has developed a survey to better understand the impact of COVID-19 on the ATM…
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ICICI Bank deploys mobile ATM vans in Mumbai
April 17, 2020
ICICI Bank of India, working with government authorities, has deployed two mobile ATM vans stopping in several areas in Mumbai. The van allows residents in…
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DCI banking software developer acquires Vetter
April 15, 2020
Data Center Inc., a bank management software developer for community financial institutions, acquired Vetter technology suite, a product offering of AFT…
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CSI waives fees for payment platform
April 15, 2020
Computer Services Inc. is enabling community banks to provide contactless, person-to-mobile payments to their customers through its SPIN P2P app during the…
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Bank of America reports 45% decline in first quarter
April 15, 2020
The coronavirus pandemic triggered a 45% decline in Bank of America's first-quarter results, causing the bank to set aside $3.6 billion for loan loss reserves…
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Terminal fraud attacks increasing in Europe
April 14, 2020
Terminal fraud attacks were up 35% in 2019, according to the European Association for Secure Transactions. It released the European Payment Terminal Crime…
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JPMorgan Chase warns of downturn as Q1 EPS fall short
April 14, 2020
JPMorgan Chase & Co. reported first quarter earnings well below Wall Street estimates as the bank was forced to set aside billions in credit reserves amid…
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PayPal and Intuit given go ahead to participate in PPP
April 14, 2020
As banks across the country continue to work with the U.S. government to distribute the $350 billion set aside to help small businesses, Financial Innovation…
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India deploys mobile ATM
April 14, 2020
With India locking down the country due to the coronavirus, HDFC Bank began utilizing a mobile automated teller machines to help customers with their banking…
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Inventive "rice ATM" feeds those in need in Vietnam
April 13, 2020
With his country in lockdown and wanting to help, Vietnamese tech businessman, Hoang Tuan Anh, donated a batch of smart doorbells to hospitals in Ho Chi Minh…
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Fed's Main Street Lending program could provide $600 billion for business loans
April 10, 2020
As the coronavirus pandemic continues, the Federal Reserve released its plans to provide an additional $2.3 trillion in loans to help to support households and…
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Paramount Management Group completes ATM acquisition
April 10, 2020
Paramount Management Group, an ATM operator, recently completed an acquisition of another ATM company, according to a press release. The acquisition was…
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BOA offering refunds on fees, loan deferrals
April 10, 2020
Bank of America is providing additional support and assistance to its consumer and business clients impacted by the coronavirus, according to a company press…
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Diebold Nixdorf names Manish Choudhary senior vice president
April 10, 2020
Diebold Nixdorf has named Manish Choudhary as senior vice president, software, according to a press release. In this role, Choudhary leads the organization's…
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