Digital Banking News
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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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…
read nowBitcoin 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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