News
Bank of Baroda intros savings account for students
January 2, 2024
Bank of Baroda, based in India, released the bob BRO Savings Account for students from 16- to 25-years old. The account has no minimum balance requirement and…
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Bitcoin ATMs down by 11% year-over-year
January 2, 2024
Bitcoin ATMs have declined by 11.1% year-over-year. On Jan. 1st, 2024, the total number of bitcoin ATMs stood at 33,638, down from 37,827 on Jan. 1 2023…
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Bitcoin ATM operator Margo gains $16M in funds
January 2, 2024
Chicago Atlantic delivered a $16 million secured term loan to Margo, a cryptocurrency ATM operator. With this investment, Margo will expand its bitcoin ATM…
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Philadelphia transit to stop accepting payment tokens in January
December 29, 2023
Philadelphia buses and trolleys will no longer accept payment tokens on Jan. 1, when users will be required to pay with "travel wallets," according to a…
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Police on lookout for ATM skimmers in Tennessee
December 29, 2023
Police are on the lookout for suspects who allegedly installed a skimming device on an ATM at a Navy Federal Credit Union branch in Clarksville, Tennessee. A…
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Unionpay partners with Trip.com to offer payments options for travelers
December 29, 2023
Unionpay International partnered with Trip.com, an online travel agency, to provide improved payment options for Unionpay cardholders. Unionpay online payment…
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Chase to offer 5% cash back at grocery stores through Freedom card
December 28, 2023
Chase Freedom announced its Freedom and Freedom Flex cardholders will now gain 5% cash back at select grocery stores, gyms and spas as part of its category…
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5 men in Utah arrested for allegedly stealing from ATM
December 28, 2023
Police have arrested five men in southern Utah for allegedly stealing from a Wells Fargo ATM during a repair. When a serviceman was working on the ATM, two…
read nowHawaiiUSA Federal Credit Union renews partnership with Cuso Financial Services
December 27, 2023
HawaiiUSA Federal Credit Union has renewed its partnership with Cuso Financial Services, a subsidiary of Atria Wealth Solutions Inc., to continue to provide…
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Unionpay International selects BankservAfrica for South African card payments
December 27, 2023
Unionpay International selected BankservAfrica, a payments clearing house in Africa, as its domestic processor for card payments in South Africa.
read nowCrypto firm Byte Federal expands into Australia
December 22, 2023
Byte Federal Inc., a cryptocurrency services company, has launched Byte Federal Australia to provide bitcoin ATMs, cryptocurrency point-of-sale solution…
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Man convicted for robbing 4 banks
December 22, 2023
A man has been convicted of robbing four banks in Colorado during a four-month period. He was arrested on Dec. 1, 2022 after he robbed a bank and fired on a…
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Contactless payments market to surpass $162B by 2030
December 21, 2023
The contactless payment market will grow from $38.55 billion in 2022 to $162.56 billion by 2030 at a compound annual growth rate of 19.71%, according to…
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Hyperion Bank intros CD promotion with 5.65% APY
December 21, 2023
Hyperion Bank introduced a limited-time certificate of deposit promotion with a 5.65% annual percent yield for 15 months. It is available for new funds…
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Safe partners with Sygnum, CoinCover for crypto recovery
December 20, 2023
Safe, a smart wallet infrastructure company, partnered with digital asset banking company Sygnum Bank and CoinCover, a recovery service provider, to introduce…
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Jamaican parliament member calls for better ATM standards
December 20, 2023
Fitz Jackson, a People's National Party member of the Jamaican Parliament, has called on the Bank of Jamaica to implement minimum service standards for ATMs…
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Versatile Credit integrates with Intellicheck for identity validation
December 20, 2023
Versatile Credit, a credit aggregation and customer acquisition tool for merchants and lenders, integrated Intellicheck Inc.'s identity validation solution…
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Swiss regulator calls for better regulations following near Credit Suisse collapse
December 19, 2023
The Financial Market Supervisory Authority, a Swiss regulator, has called for additional powers to prevent bank collapses, following the near collapse of…
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Citizens survey reveals mid-sized companies are embracing AI for financial operations
December 19, 2023
Mid-size companies and private equity firms are increasingly adopting AI to assess data, automate processes and streamline financial operations, according to a…
read nowFifth Third appoints chairman, COO, CFO
December 19, 2023
Fifth Third Bancorp made several changes to its executive leadership, including appointing Tim Spence as chairman of the board, president and CEO. In addition…
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