UK Parliament concerned ATM-use plunge endangers cash access

May 26, 2020

Members of Parliament in the UK's House of Commons are concerned that the country's cash infrastructure could collapse due to people avoiding ATMs during the…

India One ATM dispenses double cash to patrons

May 22, 2020

Residents of Vaishali, a district in Bihar, India, had what may have been a dream come true for many people this week when they discovered an India One ATM in…

ATM ruling returns $526M to UK retailers

May 22, 2020

The U.K.'s Supreme Court unanimously ruled this week that external ATMs will not be subject to a separate business tax following the dismissal of a Valuation…

Venezuela demands BOE to return gold

May 21, 2020

Banco Central de Venezuela has filed a legal claim in the UK's High Court against the Bank of England demanding the immediate release of $1 billion in gold…

CO-OP Financial announces retirement of Jim Hanisch

May 20, 2020

Jim Hanisch, president of CO-OP Network, is retiring following a career in the payments and financial technology industry. Hanisch was named Presider of CO-OP…

North Carolina town schedules public hearing on free-standing ATM

May 20, 2020

The town of Bailey, North Carolina may be getting a free- standing ATM, but it all comes down to what the people want.  The town will hold a public hearing…

TNS launches cloud version of its payment solution

May 20, 2020

Transaction Network Services recently launched a new secure cloud service, TNSConnect Cloud, that gives merchant acquirers, processors and payment terminal…

Bank of America offers bond to help combat COVID-19

May 18, 2020

With the offering of its $1 billion corporate bond, Bank of America Corp became the first global commercial bank to specifically finance parts of the health…

Following COVID-19: How the virus is affecting the ATM industry

May 15, 2020

ATM Marketplace is tracking CORONA-19 news, and we will update as more news becomes available.

Pandemic triggers Ireland’s decline in cash usage

May 14, 2020

Cash payments in Ireland were down  57% as of April 2020. A revised payments market forecast is expecting the value of payments to rise at a compound annual…

JPMorgan credit card holders reduced spending due to pandemic

May 14, 2020

The coronavirus pandemic is responsible for why this past March and April, JP Morgan Chase & Co's U.S. credit card holders spent 40% less on non-essential…

Banking regulators, lawmakers meet on COVID-19 lending programs

May 13, 2020

The Senate Banking committee held its first remote hearing since the pandemic began and emphasized to members of the Federal Reserve, Federal Deposit Insurance…

Strategic assessment tool helps credit unions prepare for future

May 12, 2020

California-based CO-OP Financial Services is providing its Credit Union Strategic Investment Assessment tool, that gives credit unions a strategic blueprint…

Northern Trust provides $100 million to support small business

May 11, 2020

Northern Trust Corporation is providing $100 million in low-cost funding to assist Community Development Financial Institutions in providing loans to small…

Canadian banks help business access emergency wage subsidy

May 8, 2020

To help businesses affected by COVID-19 gain access quickly to Canada's Emergency Wage Subsidy, Canada's banks have partnered with the Government of Canada to…

Global Payments to provide credit card processing for Truist Financial

May 6, 2020

Global Payments Inc., a payment technology and software solutions provider in Atlanta, Georgia has announced that TSYS, the company's issuer solutions…

BOA's PPP applicants receive approvals worth $25B

May 4, 2020

  The Small Business Administration approved loans for Bank of America's small business applicants worth approximately $25 billion under the second wave of…

London-based fintech Revolut launches bank in Lithuania

May 4, 2020

London-based fintech, Revolut, having received its European banking license in late 2018 from European Central Bank and Bank of Lithuania, is expanding its…

Euronet Worldwide acquires Dolphin Debit

by Pat Shea — Editor, NetworldMedia

May 1, 2020

Consumers trust financial institutions the most with personal info, claims report

May 1, 2020