Digital Banking News

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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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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Nigeria caps ATM withdrawals at $225 weekly to promote CBDC

December 7, 2022

Nigeria is attempting to push the usage of its central bank digital currency eNaira by capping the amount users can withdraw from ATMs at $45 per day and $22…

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CoinFlip deploys bitcoin ATMs to Puerto Rico

December 5, 2022

CoinFlip, a cryptocurrency ATM provider, has deployed four bitcoin ATMs in Puerto Rico. The company has a network of 4,000 ATMs, according to a press release.

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Diebold Nixdorf opens Indian manufacturing center

December 2, 2022

Diebold Nixdorf has opened a manufacturing facility in Bengaluru, Indian. The facility is part of its Make in India initiative to foster manufacturing…

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Glia appoints EVP

November 29, 2022

Glia, a digital customer service solutions provider for banks, has appointed Paul Sheets to serve as EVP of customer success and services, according to a press…

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Uphold intros debit card with crypto rewards

November 23, 2022

Uphold, a digital money platform, has launched a debit card for U.K. customers that offers up to 4% rewards in XRP(Ripple). The company will also provide a…

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Fifth Third Bank refreshes mobile app

November 22, 2022

Fifth Third Bank has launched a cloud-based mobile banking app. It works with Fifth Third Momentum Banking, which offers tools such as early direct deposit…

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Union Bank survey finds small businesses optimistic this holiday season

November 18, 2022

Small business owners are optimistic about the future, particularly the holiday season, according to a Small Business Holiday Spending 2022 survey conducted by…

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Fintech cloud market to reach $196B

November 16, 2022

The fintech cloud market will reach $196.2 billion by 2031, according to a press release from Allied Market Research. It will also grow at a compound annual…

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MoneyGram adds cryptocurrency to app

November 16, 2022

MoneyGram International Inc., a digital peer-to-peer payments company, has added cryptocurrency services to its mobile app. With the tool, customers in most…

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CoinFlip earns top workplace award

November 15, 2022

CoinFlip, a cryptocurrency ATM provider based in Chicago, has won a Top Workplaces 2022 award from Chicago Tribune's Top Workplaces contest. This award is…

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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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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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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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