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Banks boost prime lending rate

December 16, 2022

Banks have raised their prime lending rate from 7.00% to 7.50%, according to multiple press releases.

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Interactive kiosk market to grow to $49.9B

December 15, 2022

The interactive kiosk market will grow from $28.4 billion in 2021 to $49.9 billion by 2031, according to research from Transparency Market Research. It will…

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Brightwell partners with NCR for ATM solution for maritime clients

December 15, 2022

Brightwell, a payments technology company, has partnered with NCR Corp. and Travelex, a foreign exchange company, to allow maritime clients to provide an ATM…

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Contactless payments to reach $164B

December 14, 2022

The contactless payments market will reach $164.15 billion by 2030 and adoption of payments technologies, such as host-based card emulation and…

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Crypto ATM market to reach $5.4B by 2030

December 14, 2022

The cryptocurrency ATM market will reach $5.4 billion by 2030, according to Grand View Research. It will also grow at a compound annual growth rate of 61.7…

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SheerID partners with FIS for merchant audience verification

December 14, 2022

SheerID, an identity marketing company, has partnered with FIS, a technology solutions provider for financial institutions and businesses, to provide identity…

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FTX founder arrested in Bahamas

December 13, 2022

Authorities in the Bahamas have arrested Sam Bankman-Fried, the founder of defunct cryptocurrency exchange FTX. He was arrested after U.S. prosecutors filed…

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Strike to deliver crypto transfers to Africa

December 13, 2022

Strike, a digital payments platform built on the Bitcoin Lightning Network, has announced a Send Globally feature that allows U.S. users to send cryptocurrency…

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Zventus intros 'FinTech-in-a-Box-' solution

December 13, 2022

Zventus has launched FinTech-in-a-Box, a consumer lending solution to help banks compete with fintechs. With this tool, banks can simplify lending processes as…

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Central Pacific Financial appoints board member

December 13, 2022

Central Pacific Financial Corp., the parent company of Central Pacific Bank, has appointed Jason Fujimoto as a board member of both companies, effective Jan.

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Banks might dump Zelle due to fraud refund scheme

December 13, 2022

Banks may choose to drop partnerships with instant payments apps, like Zelle, if they have to reimburse scam victims. The seven banks that own Zelle recently…

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Bank of America to redeem senior notes

December 12, 2022

Bank of America will redeem all $6 billion principal amount of its 3.004% fixed/floating rate senior notes on Dec. 20, according to a press release.

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Pylon earns $8.5M for mortgage lending tech

December 12, 2022

Pylon, an embedded mortgage infrastructure platform, has raised $8.5 million in seed funding to promote its mortgage technology products that aim to help…

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First Financial Bank opens Texas branch

December 12, 2022

First Financial Bank N.A., a subsidiary of First Financial Bankshares Inc., has opened a branch in Lumberton, Texas, its 79th overall. With this location, the…

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FNB adds 300 ATMs in the Carolinas

December 9, 2022

F.N.B. Corp. added nearly 300 ATMs in North and South Carolina, which gew its overall footprint to 1,200 ATMs, according to a press release.

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New York Community Bancorp inks acquisition of Flagstar

December 9, 2022

New York Community Bancorp Inc. has acquired Flagstar Bancorp Inc. With the acquisition, the combined company will have $88.4 billion in assets, according to a…

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Detroit police on lookout for ATM drive-thru robber

December 9, 2022

Detroit police are looking for an individual who allegedly robbed someone at gunpoint who was withdrawing money from an ATM, according to a report by Fox …

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Unbanked launches cryptocurrency card program

December 8, 2022

Unbanked Inc., a fintech company, has partnered with Moorwant to provide a cryptocurrency card program to eligible residents in the U.K. and parts of Europe.

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Jaguar Software completes certification for ATM deposit automation software

December 8, 2022

Jaguar Software completed its certification testing for its ATM Deposit Automation Software with GRG International. With this certification, financial…

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Regions Bank intros virtual commercial card

December 8, 2022

Regions Bank has introduced a Visa virtual commercial card to enable on-the-go business travel payments for Treasury Management clients. With this card…

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