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Digital Banking News & Media

Digital yuan poses challenge to China’s ATM industry

September 15, 2020

The digital yuan is coming to China and, in preparation, the country is revamping older ATMs or replacing them with 'smart terminals' to be compatible with the…

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Germany cracks down on Bitcoin ATM regulations

September 14, 2020

Blockchain regulation in Germany continues to increase, and now Bitcoin ATMs require regulatory approval before they are allowed to operate, according to a…

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Billing and payment trends: Are your customers shifting preferences?

by Pat Shea — Editor, NetworldMedia

ATM Marketplace talks with Sanjay Gupta, ACI Worldwide executive vice president, regarding an ACI study that sheds light on consumer preference in regards to…

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Partnership makes trip planning, paying easier Ohio to KY

September 9, 2020

Transit passengers can now plan, pay and ride from Ohio to Kentucky using a mobile app, thanks to a partnership between Moovit, NEORide and Masabi, a fare…

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PNC, Visa release B2C "Direct to Debit" card

September 3, 2020

PC Treasury Management is expandingits payment offerings to include "Direct to debit" card or push payment service. This option routes payments directly to…

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LamasaTech releases APIs to allow integration with its Zentron temperature range

September 3, 2020

LamasaTech has unveiled the first beta release of its APIs which allow powerful integration with its Zentron temperature kiosk range, according to a press…

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Three reasons why retail consumers use Bitcoin

by Marc Grens — Founder & President, Digital Mint

Bitcoin has been a part of the financial marketplace for some time and has grown in popularity, especially amongst millennials and the unbanked. Marc Gren…

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Cash or cashless: The flaws in today’s payments debate

Cash and digital payments don’t have to be mutually exclusive; this is not a zero-sum game as the two payment options can exist together.

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SBI introduces doorstep ATM service

August 25, 2020

The State Bank of India is debuting a mobile facility it's calling "the doorstep ATM" to service customers at home, especially the elderly and those with…

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Bank of America Mobile app gives customer $2.45 Billion

August 24, 2020

A Bank of America customer in Massachusetts checked his account to discover the bank had made a serious error and deposited $2.45 billion into his account. The…

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Kotak Mahindra Bank launches cardless cash withdrawal

August 24, 2020

Kotak Mahindra Bank of India is launching cardless cash withdrawal through its ATMs.

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US Bank launches BMW credit cards

August 21, 2020

BMW aficionados can show brand loyalty and earn accelerated rewards for purchases made with one of four BMW Mastercards from U.S. Bank, including: BMW World…

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Moov Financial raises $5.5m for open source banking platform

August 19, 2020

Moov Financial, the Iowa-based startup that creates open-source infrastructure making it is easier for businesses to send, receive and store money for their…

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Bitcoin ATM thieves stole $30K, apprehended by Hong Kong authorities

August 17, 2020

Three men have been taken into custody in Hong Kong for allegedly stealing $226,000 (U.S. $30,000) in Hong Kong dollars from six Bitcoin ATMs. The cash was…

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Justice department seizes terrorist cryptocurrency accounts

August 14, 2020

The Justice Department announced it has seized the largest amount of cryptocurrency funded by terrorists.

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Japanese consumers shift from cash preference to electronic payments

August 14, 2020

During the height of the coronavirus pandemic, Japan saw a digital growth shift in consumer spending from cash to card payments, according to a press release.

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Pandemic hurt UK ATM, cash use

August 13, 2020

U.K. ATM transactions fell 62% annually at the start of the coronavirus lockdown as customers transitioned to digital banking transactions.

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COVID-19 driving increase in digital payments in Singapore

August 12, 2020

Singapore residents are increasingly adopting digital payments due to the COVID-19 pandemic, according to a GlobalData report. The report estimates total card…

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National Bank of Oman offers cardless ATM transactions

August 11, 2020

To meet the needs and concerns of its customers in the Middle East, the National Bank of Oman has added cardless ATM transactions to its digital banking and…

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Germany orders all unauthorized bitcoin ATMs to cease operation

August 10, 2020

A crackdown on all unauthorized and unlicensed bitcoin ATMs is underway by Germany's Federal Financial Supervisory Authority, or BaFin, the agency responsible…

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