Bank / Credit Union News
Barclays signs extension deal with Visa
February 10, 2020
Barclays, which processes almost half of the credit and debit card transactions in the U.K., has signed a new, multi-year partnership deal with Visa…
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UK bank customers paying more in fees, as free ATMs, branches slashed
February 10, 2020
Bank customers in the U.K. are paying millions more in bank fees as free cash machines are being slashed, and bank branches are shrinking, according to a…
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Brink's invests $9M stake in Moneygram
February 7, 2020
The Brink's Company has invested $9 million in Moneygram, a money-transfer company, according to a company release.
read nowMastercard partners with North Macedonia on digital identity solutions
February 7, 2020
Mastercard is partnering with the Republic of North Macedonia to develop digital identity solutions that will give citizens of that country a new way of…
read nowGalileo opens Mexico City office to serve growing LatAm fintech market
February 7, 2020
Galileo Financial Technologies Inc., which backs many fintech and financial institutions, has opened an office in Mexico, reflecting the company's interest in…
read nowAvant completes spinoff from Amount
February 6, 2020
Avant, a Chicago-based consumer lending platform, has completed its spinoff from Amount, a SaaS business that helps financial institutions transform their…
read nowFiserv providing payments technology for Hong Kong's ZA Bank pilot
February 6, 2020
Fiserv Inc. and ZA Bank, the first virtual bank to launch a Hong Kong-based pilot program, said ZA is using Fiserv's VisionPlus global payment software to…
read nowComQi acquires financial CMS provider JohnRyan
February 5, 2020
ComQi Inc., a provider of content management solutions for retail, has acquired JohnRyan, a provider of financial content management solutions, fo an…
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SoFi partners with Bancorp Bank on cash management account
February 5, 2020
The Bancorp Bank announced a partnership with digital personal finance startup SoFi to provide back-end banking services and be the exclusive card issuer for…
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Fiserv adds 50 banks, credit unions to merchant services since First Data merger
February 5, 2020
Fiserv Inc. said that more than 50 financial institutions that use its core processing platforms have added merchant solutions to their portfolio between its…
read nowVisa plans major reset of interchange rates: Report
February 4, 2020
Visa is planning a major change to how it calculates the interchange rate, a move that could result in higher merchant fees for e-commerce transactions…
read nowHitachi Terminal Solutions to assume ATM management for Thai state-owned bank
February 4, 2020
HItachi Terminal Solutions (Thailand) Co. said it received an order for ATM outsourcing from Thailand's state-owned Government Savings Bank in a partnership…
read nowCardtronics extends ATM partnership with Fifth Third Bank to Carolinas
February 3, 2020
Fifth Third Bank entered a partnership with Cardtronics to rebrand 139 ATMs located in CVS pharmacies and other retailer stores in the Carolinas.
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Remitly launches digital banking service for immigrant communities
February 3, 2020
Remitly, a Seattle-based digital money transfer company, has launched Passbook by Remitly, a mobile banking service designed for immigrant communities, with no…
read nowUK arrests 3 in probe of Malta's Bank of Valletta cyber attack
January 31, 2020
The National Crime Agency in the U.K. made three arrests in Belfast and London as part of a money-laundering investigation linked to a massive malware attack…
read nowNationwide Building Society uses contactless smart window to raise funds for homeless
January 31, 2020
Nationwide Building Society in the U.K. has deployed contactless payment technology to help raise money to fight homelessness.
read nowLloyds Banking Group to shut 56 branches by October 2020
January 30, 2020
Lloyds Banking Group confirmed that it will close 56 bank branches across the U.K., as customer preferences continue to move toward digital banking and reduced…
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Australia's Commonwealth Bank invests another $200M in Klarna, launches installment app
January 30, 2020
Commonwealth Bank of Australia has made an additional $200 million in Klarna AB, a fintech that provides installment financing for retail customers. It…
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Wawa confirms hacked payment data has gone on sale on dark web
January 30, 2020
Wawa Inc., a convenience store and gas station chain that was hacked in December, has acknowledged reports that criminals have put stolen card data up for sale…
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NatWest, G4S launch Intellgent Vault to enhance cash management for business
January 29, 2020
NatWest launched an Intelligent Safe, under a partnership with G4S, which allows business to get a daily credit for their cash deposits, however without the…
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