Digital Banking News & Media

Cryptocurrency crashes as Celsius Network freezes crypto withdrawals

June 14, 2022

Cryptocurrency took a major hit this week, as crypto firm Celsius Network announced it was freezing any customer withdrawals "to stabilize liquidity and…

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United Community Bank intros low-cost checking account

June 13, 2022

United Community Bank has introduced United Essential Banking, a low-cost checking account with no overdraft fees or minimum balance requirement. The account…

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Mercado Bitcoin adds USDC to Stellar network

June 10, 2022

Mercado Bitcoin, a digital assets platform in Latin America, has integrated the USDC stablecoin on the Stellar network. With this integration, users can…

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NXTsoft hires on SVP

June 9, 2022

NXTsoft, a connectivity-as-a-service provider for the financial industry, has brought on Howard Kaplan to serve as senior vice president of partner growth and…

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Temenos adds stc pay digital wallet to open platform

June 8, 2022

Temenos, a banking software provider, has added stc pay's digital wallet to its cloud-native open platform. With the integration, the Middle Eastern wallet can…

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Bitcoin ATM installations fall in May, rise in June

June 8, 2022

Bitcoin ATM installations dropped in May, with only 202 deployments. However, the number shot up this month, with 817 installations in the first five days of…

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Final call to nominate contestants for Bank Customer Experience Summit Awards

by Bradley Cooper — Editor, Connect Media

Do you know of an innovative solution or experience in the financial industry space that you think the world should know about? Then, you should submit a…

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OpenNode partners with Primer to enable merchant bitcoin purchases

June 7, 2022

OpenNode, a bitcoin payment processor, has partnered with Primer, an automation platform for payments and commerce, to offer bitcoin as a payments option for…

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Ascend Federal Credit Union selects Lumin Digital for digital banking

June 6, 2022

Ascend Federal Credit Union, based in Tennessee, recently partnered with Lumin Digital to access its cloud-native platform for online and mobile digital…

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Why Bitcoin ATMs are now everywhere: The real story

by Marc Grens — Co-Founder and President, DigitalMint

There is no denying that Bitcoin ATMs have seen incredible growth, but a number of factors are driving this rate of expansion in the Bitcoin ATM space – it is…

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Lavu partners with Verifone to offer mobile, cryptocurrency payments at restaurants

June 3, 2022

Lavu, a restaurant software and payments solutions provider, has partnered with Verifone, a fintech, to integrate Lavu's all-in-one restaurant software suite…

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Cogni earns $23M in funding round

May 27, 2022

Cogni, a digital banking platform, recently earned $23 million in a funding round. It aims to use this funding to deliver innovative digital banking products…

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CoinFlip to open office in Tampa

May 27, 2022

CoinFlip, a cryptocurrency and cryptocurrency ATM provider, has announced it will open an office in Tampa, Florida, its second location in the U.S. The company…

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Fifth Third Bank expands early pay service to gig work

May 26, 2022

Fifth Third Bank recently announced it expanded its Early Pay service to include gig work as well as certain forms of government and retirement benefits. With…

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TCP Software partners with Clair for on-demand pay to employees

May 25, 2022

TCP Software, a workforce management and labor solutions company, has partnered with Clair, an on-demand pay app and fintech, to enable on-demand pay to TCP's…

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KeyBank acquires GradFin

May 24, 2022

KeyBank has acquired GradFin, a public service loan forgiveness counseling provider. With the acquisition, KeyBank aims to improve its growth in digital…

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Wall Street bankers argue digital dollar could destroy banks

May 24, 2022

Wall Street bankers are concerned that a Fed-backed digital dollar could severely damage banks, according to a letter lobbyists sent to the U.S. central bank.

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Fifth Third inks acquisition of Dividend Finance

May 23, 2022

Fifth Third Bancorp has officially acquired Dividend Finance, a fintech point-of-sale lender that offers a variety of digital loan products for residential…

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3 ways ATM outsourcing solves post-pandemic problems for banks and credit unions

by Jeremiah O'Conner — Financial Institution Sales Director, MVP Financial Equipment

For banks and credit unions, ATM outsourcing is a go-to solution for many of the issues recent changes have brought to the financial institution arena. Here…

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Coinsource partners with Kwik Trip to install Bitcoin ATMs

May 20, 2022

Coinsource, a Bitcoin ATM provider, has partnered with Kwik Trip, a convenience store and gas station chain with more than 800 locations in Wisconsin…

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