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…

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…

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…

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.

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…

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…

Kotak Mahindra Bank launches cardless cash withdrawal

August 24, 2020

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

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…

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…

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…

Justice department seizes terrorist cryptocurrency accounts

August 14, 2020

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

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.

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.

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…

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…

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…

BoA glitch deletes customers' account balances

August 6, 2020

Several Bank of America customers in North Carolina were shocked Wednesday when their accounts showed a $0 balance. Multiple customers tried reaching out to…

PayPal hires Wells Fargo’s SVP Peggy Mangot for venture capital team

August 5, 2020

PayPal has hired Peggy Mangot, a Wells Fargo former senior vice president, to its venture capital team.

Payment speed top of mind for business owners

August 5, 2020

Although small business owners have increased their technology spend in the past two years, 39% said they still spent at least five hours per week dealing with…

DBS tests SingPass, facial recognition for ID verification

August 3, 2020

Singapore-based DBS Bank Ltd. is working with Singapore's Government Technology Agency to begin testing the SingPass face verification technology system which…