News
Senators introduce bill to require cash acceptance
July 9, 2020
U.S. Senators Kevin Cramer, R-North Dakota and Bob Menendez, D-N.J., Senate Banking Committee members, have introduced the Payment Choice Act, S.4145, a…
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Dolphin Debit partners with Tennessee Credit Union League
July 8, 2020
Dolphin Debit, a full-service ATM management company, is partnering with the Tennessee Credit Union League to offer ATM support and help manage the league's…
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HSBC cutting global banking jobs in France
July 7, 2020
HSBC France will be cutting 38%, or 255 of 678 jobs, within its French global banking and markets unit by end of 2021. The cuts are part of a broad strategy to…
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Malicious malware causes havoc among currency app users
July 7, 2020
The Cerberus Trojan, a malicious malware attached to a Spanish currency calculator, bypassed Google's security barriers and infected users that downloaded the…
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BBVA to begin reopening bank lobbies
July 6, 2020
BBVA USA will begin reopening lobby access at bank branches that were closed in March due to the COVID-19 pandemic.
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USA Technologies names general counsel and interim CFO
July 6, 2020
USA Technologies, a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, has named…
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Indianapolis ATM service charging flat rate, clients keep customer surcharges
July 3, 2020
Access Point ATM in Indianapolis, Indiana, is giving its business clients a new option to save and earn money by letting clients keep all the ATM transaction…
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Goldman Sachs says wear your mask
July 3, 2020
Goldman Sachs believes a national mask mandate in the U.S. is needed to lower the possibility of COVID-19 infections and such a mandate would lead to a…
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PPP loan application extended to August pending president’s approval
July 2, 2020
Companies that haven't taken advantage of the Paycheck Protection Program are likely to have until Aug. 8 to apply, thanks to a Senate vote to extend the…
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CashTarget turns collections into 'game'
July 2, 2020
Sidetrade, an artificial intelligence money collection platform, has launched CashTarget, a game feature to help collection teams stay positive when collecting…
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Madeline McWhinney, first female Fed Reserve Bank officer, dies at 98
July 2, 2020
Madeline McWhinney, who served as the first female officer of the Federal Reserve Bank in 1960, has died at the age of 98 at home in Red Bank, New Jersey.
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Hyosung America launches new ATM distribution model
July 1, 2020
Hyosung America, the largest provider of ATMs in the U.S. market, has launched a new distribution model to better serve regional and community banks and credit…
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BBVA USA to open 15 branches across Texas
June 30, 2020
BBVA USA will open 15 branches across Texas, the bank's top U.S. market, according to a press release.
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FIA arrests ATM scammers wanted by FBI
June 30, 2020
A gang of six alleged ATM scammers, two wanted by the FBI for an alleged bank robbery in New York, were arrested in Lahore, the second largest city in India…
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FCA lifts restrictions off Wirecard accounts
June 30, 2020
Wirecard Card Solutions customers have access once again to financial accounts now that the U.K. Financial Conduct Authority has lifted restrictions on all the…
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Hyosung and Fujitsu unveil a biometric-tech ATM
June 26, 2020
Innovative palm vein biometric authentication technology from Fujitsu has been integrated into Hyosung's state-of-the-art ATM for a contactless and secure way…
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Wirecard banks left holding a $1.8 billion bag
June 26, 2020
Wirecard AG's main banks are facing the loss of $1.8 billion in loans to the scandal-plagued fintech after it started insolvency proceedings this week.
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PSCU reports debit spend is up, credit spend is down
June 26, 2020
Consumer credit card spending was down 6.7% year-over-year, impacted by the coronavirus pandemic, but consumer debit card spending was up nearly 13…
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RBI committee seeks increase in ATM charges
June 25, 2020
The Reserve Bank of India committee is recommending capping ATM cash withdrawals to ₹5,000 ($66) and levy charges for any larger amounts according to a…
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