Digital Banking News

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…

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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…

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Strike 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…

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Quaint 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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