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Digital Banking News & Media

Coinbase to shell out $50M fine to New York

January 6, 2023

Coinbase, a cryptocurrency exchange, will pay a $50 million penalty to New York's Department of Financial Services due to an issue where the exchange opened…

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Feds, comptroller release warning on cryptocurrency for banks

January 4, 2023

The Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency have released a joint statement warning banks of the risk of dealing with…

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BitNile Holdings Inc. to merge subsidiary Ault Alliance with BitNile

January 4, 2023

BitNile Holdings Inc., a provider of Bitcoin mining and a holding company, has announced it will merge its subsidiary Ault Alliance Inc. with BitNile. As of…

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Eagle Bitcoin ATM deploys ATM in Australia

January 3, 2023

Eagle Bitcoin ATM has deployed a Bitcoin ATM, with Bitcoin Lightning capability, in Australia. With the Lightning network, users can purchase Bitcoin cheaply…

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What will differentiate winning neobanks from losing ones?

by Serge Beck — CEO and Founder, Optherium Labs

As of today, more than 250 neobanks exist in the world. But as in any business, even some of the most established ones are experiencing difficulties. Over the…

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Bakkt study finds crypto interest steady despite FTX collapse

December 29, 2022

Despite the collapse of the cryptocurrency exchange FTX, interest in cryptocurrency among users has remained relatively steady, according to research from…

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IMM partners with Superior to deliver platform for banks

December 29, 2022

IMM, an eSignature solutions provider, has partnered with Superior IRA & HAS to integrate IMM eSign into Superior's individual retirement account and…

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Digital currency company Bitt brings on CTO

December 28, 2022

Bitt, a digital currency management system provider for central bank digital currencies, has appointed Greg Prokter to serve as CTO. Prior to joining Bitt…

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Mountain America Credit Union partners with Blend for home equity solution

December 28, 2022

Mountain America Credit Union, based in Utah, has partnered with Blend, a cloud banking software provider, to provide its Instant Home Equity solution to…

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Can banks catch up to fintechs with small businesses?

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Fintechs have the advantage when it comes to small and medium sized businesses. Can banks catch up?

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Jordan Kuwait Bank integrates iGrafx's cloud based platform

December 22, 2022

Jordan Kuwait Bank has integrated iGrafx's Process360 Live cloud-based business program management platform. With this platform, the bank can replace its…

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Freedom Bank of Virginia intros digital checking account

December 22, 2022

The Freedom Bank of Virginia has introduced a Freedom2Earn interest checking account for consumers and business clients. The account offers a higher interest…

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Advcash partners with Mercuryo to integrate banking-as-a-service

December 21, 2022

Advcash, a digital currency and payments platform, has partnered with Mercuryo, a global payments infrastructure provider, to provide its users with…

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Huntington Bank partners with Magnusmode to deliver banking app for autistic, neurodiverse users

December 21, 2022

Huntington National Bank, a subsidiary of Huntington Bancshares Inc., has partnered with Magnusmode to utilize its MagnusCard solution for autistic and…

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Tyndall Federal Credit Union gives $13.7M in profits to members

December 19, 2022

Tyndall Federal Credit Union has returned $13.7 million in profits to more than 70,000 qualifying members. It deposited the profits ranging from $70 to $42…

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University Credit Union partners with Asa to connect members to fintechs

December 19, 2022

University Credit Union, based in Los Angeles, has partnered with Asa, an embedded fintech solutions provider, to connect its members to fintech services. Asa…

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Security, bitcoin ATMs, banking trends claim top spots in 2022

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

In 2022, readers revealed a wide variety of interests ranging from how to purchase a bitcoin ATM to how to handle ATM security and other topics.

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Euronet Launches Refreshed Brand Strategy, Including New Corporate Logo and Refined Mission Statement

LEAWOOD, Kan. (Dec. 15, 2022) — Euronet (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, launched a new visual 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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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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