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Digital Banking News & Media

Millennials beat out Gen Z for fintech adoption

November 9, 2022

Millennials lead the way when it comes to fintech adoption, beating out Gen Z, according to a study by FIS.

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Paxos gains payments license from Singapore

November 9, 2022

Paxos, a blockchain infrastructure platform, has received a license from the Monetary Authority of Singapore to deliver digital payment token services.

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What does the future hold for ATMs, branches post COVID?

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

COVID-19 impacted every industry, including banking and consumer expectations. What role with ATMs and branches play in the post-COVID world?

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Cardless ATM market to reach $2.11B

November 4, 2022

The cardless ATM market will reach $2.11 billion by 2026, according to a press release from Technavio. It will also grow at a compound annual growth rate of…

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BitPay adds Polygon to network

November 3, 2022

BitPay, a bitcoin and cryptocurrency payment services company, has integrated support for the Polygon blockchain development platform and its native token…

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YOHLE, the New Smart Personal Banking Virtual Assistant

Auriga, a global software provider for the omnichannel banking and payments industry, today announced a significant development of its digital self-service…

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Wells Fargo partners with Operation Hope to open redesigned branch

November 1, 2022

Operation Hope Inc., a nonprofit financial empowerment organization, has partnered with Wells Fargo to open its 200th HOPE Inside location at a redesigned…

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Bitcoin ATMs celebrate 9th birthday

November 1, 2022

The Bitcoin ATM is officially 9 years old. On Oct 29. 2013, a coffee shop in Vancouver, Canada installed the first Bitcoin ATM from Robocoin. Now there are…

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Disney extends Visa card deal with Chase

October 28, 2022

JPMorgan Chase has signed a multi-year extension with the Walt Disney Company and Visa for the Disney Visa Card, Premier Visa Card and Visa Debit Card…

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Boost Mobile intros digital checking account

October 28, 2022

Boost Mobile, a wireless carrier, has launched OmniMoney, a no-fee digital checking account. Customers can deposit funds into the account and access a digital…

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Bitcoin ATM operator RockItCoin acquires Tao Bitcoin

October 26, 2022

RockitCoin has acquired Tao Bitcoin, a Bitcoin ATM operator with 56 devices mainly in the southern U.S. RockItCoin now has close to 1,900 ATMs in 44 states…

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Unbanked population falls to record low in US

October 26, 2022

The number of unbanked Americans has fallen to 4.5%, representing 5.9 million households. This is the lowest level since the FDIC began tracking this data in…

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NCR sees revenue increase, operating cash decrease in Q3 results

October 26, 2022

NCR Corp. reported a revenue of $1.97 billion in the third quarter of 2022, an increase of 4% on a year-over-year basis. This translated to an increase of 8…

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What's the current state of digital cards?

Although some consumers have embraced digital cards in light of COVID-19, others remain concerned about security breaches. In light of all of this, we must ask…

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Bank of America virtual assistant Erica sees 1B interactions

October 25, 2022

Bank of America is reporting that Erica, it's virtual financial assistant, has seen 1 billion interactions with clients. First launched in 2018, the AI…

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Citizens intros deposit accounts for carbon offsetting

October 24, 2022

Citizens has launched a Carbon Offset Deposit Account to help corporate clients reduce carbon footprints. Clients can use the accounts to acquire carbon…

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DeSo intros app for cryptocurrency fundraisers

October 20, 2022

DeSo Foundation, a blockchain developer, has raised $200 million for its blockchain services, and it also launched DAODAO, an app for fundraisers. With this…

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Merrill Wealth Management intros financial advisor platform

October 19, 2022

Merrill Wealth Management has introduced Merrill Advisor Match, a platform that matches customers with a financial advisor. The platform offers a set of…

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Why mobile apps need to deliver entire banking experience

by Bradley Cooper — Editor, Connect Media

In an age where customers are more willing than ever to switch banking providers, banks need to step up their game when it comes to mobile apps.

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Mastercard to offer cryptocurrency trading for banks

October 18, 2022

Mastercard has announced a program to help banks add cryptocurrency trading to their offerings. It will bridge Paxos, a cryptocurrency trading platform, with…

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