Digital Banking News
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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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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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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Regions Bank unveils digital payments solution
October 17, 2022
Regions Bank has unveiled a digital payment solution, through its iTreasury platform, that allows corporate banking clients to send payments through the…
read nowStrike raises $80M in funding round
October 14, 2022
Strike, a digital payments platform built on the Bitcoin Lighting Network, has raised $80 million in a funding round led by Ten31. It will use the funds to…
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Bank of America to deposit $100M for minority-owned businesses
October 13, 2022
Bank of America will add $100 million in low-cost deposits to minority depository institutions, which will in turn provide banking services in minority and…
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Infovisa expands partnership with Fifth Third
October 12, 2022
Fifth Third Institutional Services, a division of Fifth Third Bank, has expanded its partnership with Infovisa, a fintech solutions provider. Through the…
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Bank of America expands payments to euro
October 12, 2022
Bank of America's payments solution, Pay by Back, is now available for euro transactions through a partnership with Banked Ltd. The open banking platform…
read nowQuaint Oak Bank to boost lending strategy with automated tools
October 7, 2022
Quaint Oak Bank, based in Pennsylvania, has partnered with Teslar to improve its commercial lending strategy. The bank will utilize Teslar's automated workflow…
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Chase partners with DoorDash, Mastercard to launch credit card
October 7, 2022
JPMorgan Chase has partnered with DoorDash to launch a credit card, with Mastercard acting as the exclusive payments network. This DoorDash Rewards Mastercard…
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Byline Bank to offer blockchain-based payments
October 6, 2022
Byline Bank, a Chicago-based financial institution, has partnered with Tassat Group Inc. to deliver TassatPay, a blockchain-based payments platform, for…
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Bank of America study reveals financial wellness tools reduce employee attrition
September 29, 2022
A majority of employers, 84%, report financial wellness tools can reduce attrition and 81% said the tools attract better employees, according to Bank of…
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KeyBank intros services to help clients avoid overdraft fees
September 28, 2022
KeyBank has introduced its Key Coverage Zone, which will eliminate overdraft fees for customers that overdraw their accounts by $20 or less. In addition, the…
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Balance Money intros digital banking
September 27, 2022
Balance Money, a fintech company, has launched a digital banking service, called Balance Money, to help users with budgeting.
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Swan unveils bitcoin platform for financial advisors
September 26, 2022
Swan Bitcoin, a bitcoin services company, has launched Swan Advisor Services to deliver bitcoin portfolio management and custodial services for financial…
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