Saudi General Auditing Bureau closes 138 ATMs

December 28, 2020

The Saudi General Auditing Bureau has closed more than 138 ATMs in designated governorates within the Municipality of Jazan, Saudi Arabia, for operating…

Save debit card matches spending with investments

December 28, 2020

Technology company Save, has partnered with Mastercard to launch its Save Debit Invest Mastercard. Instead of receiving cash back or reward points, the card…

Euronet Worldwide acquires BoI’s non-branch ATM fleet

December 23, 2020

Euronet Worldwide Inc. a global electronic payments provider, has announced the acquisition of Bank of Ireland's entire fleet of non-branch ATMs in the…

Servpac partners with American Savings Bank to collocate its data

December 22, 2020

Servpac, Hawaii's cloud solution, announced a partnership agreement with American Savings Bank to "collocate" its data, or retain its data in privately housed…

Central bank of India launches contactless debit card

December 21, 2020

Central Bank of India, in association with the National Payments Corporation of India, has launched RuPay Select, a contactless debit card according to a press…

FMS Bank selects Teslar software to improve customer experiences

December 18, 2020

FMS Bank has chosen Teslar's software platform to enhance its bank efficiencies, provide better access to customer data and analytics, increase its efficiently…

US dollar swap with foreign central banks extended

December 17, 2020

In the early stages of the pandemic, The Federal Reserve set up a $60 billion swap of U.S. dollars for foreign currency with the central banks of Australia…

OneBanks put the human back in banking

December 16, 2020

U.K. startup, OneBanks, is putting up fully staffed banking kiosks in areas where larger banks once had a presence, but have since closed or were relocated…

Number of US commercial banks decreases 45%, net income increases 207%

December 16, 2020

The total number of commercial banks in the U.S. has dropped by 45.65% between 2000 to 2020, according to a report by Finbold.com. That puts commercial banks…

ICP announces launch of U.S. processing platform

December 15, 2020

Innovative Computer Professionals, a fintech corporation and international issuing and acquiring processor in 27 countries, announced its certification and…

Investors to acquire Cardtronics for $2.3B

December 15, 2020

Cardtronics PLC, an ATM owner/operator, announced today it has entered into a definitive agreement to be acquired by affiliates of Apollo Global Management…

Chase, Air Canada, Mastercard partner on US credit card

December 15, 2020

Chase and Air Canada are partnering to make Chase the exclusive issuer of the airline's Aeroplan U.S. credit card and Mastercard is exclusive payments network…

How has 2020 elevated the cashless conversation?

What will 2021 look like for those in the ATM industry? Due to the pandemic, people who had never banked digitally migrated to online shopping, concerned for…

Alabama-based CB&S Bank becomes the 500th financial institution enrolled in Zelle

December 10, 2020

Alabama-based CB&S Bank recently became the 500th financial institution to go live on the Zelle Network via Fiserv, joining a wide range of banks and…

SocGen to close 600 branches and cut costs by $546M

December 8, 2020

France's Société Générale bank is merging its retail banking network with that of its subsidiary, Crédit du Nord, as well as closing 600 branches and cutting…

The role of local payments in higher education

by Steve Villegas — VP, Payment Partnerships, PPRO

Attending college this year was not without its challenges, thanks to the coronavirus. Despite learning from home, students were still required to pay tuition…

Rochester’s Public Market to install ATMs

December 3, 2020

ATMs at the Public Market in Rochester will finally be replaced once the change is approved by the Rochester City Council later this month according to a…

Faulty screen projects ATM transaction

December 3, 2020

In Ragunan, Indonesia, a woman had her ATM transaction mistakenly displayed on an overhead external screen generally used for marketing and information. A…

Affordit, United Solutions Company to partner

December 2, 2020

Fintech Affordit and United Solutions Company, a credit union services organization, have partnered to enable financial institutions to improve people's…

Huntington Bancshares to upgrade ATM network with Hyosung software

December 2, 2020

Huntington has announced it's upgrading the software of its entire ATM network and replacing 400 machines by year-end. The upgraded ATMs will run on…