Digital Banking News
Visa warns retailers against ‘cashless ATMs’
January 25, 2022
Visa recently sent a memo to acquirers that it prohibits a scheme known as "cashless ATMs" whereby point-of-sale purchases are miscoded as ATM cash…
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Bitcoin of America surpasses 1,500 Bitcoin ATM deployments
January 25, 2022
Bitcoin of America, has now deployed more than 1,500 Bitcoin ATMs across the U.S. This coincides with multiple updates to the ATMs, including Ethereum…
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Singapore central bank shuts down cryptocurrency ATMs
January 24, 2022
The Monetary Authority of Singapore, the central bank of the country, has cracked down on cryptocurrency ATMs with regulations that ban cryptocurrency firms…
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Uruguay installs first Bitcoin ATM
January 20, 2022
Urugay has reportedly deployed its first Bitcoin ATM in the city of Punta del Este. URUBit and inBierto worked together to deploy the device, according to a…
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Travelex deploys ATM services at London Stansted Airport
January 20, 2022
Travelex, a foreign exchange services company, has deployed its ATMs and two manned stores at the London Stansted Airport. With these ATMs, customers can…
read nowCitizens State Bank partners with Lendsmart for digital lending
January 19, 2022
Citizens State Bank, a Wisconsin-based community bank, has partnered with Lendsmart, a digital lending platform, to improve its digital lending experience.
read nowInvestment banking platform Weild appoints president
January 18, 2022
Weild & Co., an investment banking platform, has appointed Dan McNamara to serve as president. Prior to joining Weild, McNamara served as head of U.S.
read nowBitcoin of America reports record growth in 2021
January 17, 2022
Bitcoin of America, a provider of Bitcoin ATMs, reported record growth last year. In January 2021, it had 630 Bitcoin ATMs deployed and by the end of the year…
read nowPrepaid card transactions to reach $4.1T by 2026
January 14, 2022
Prepaid card transactions will grow from $2.3 trillion in 2021 to $4.1 trillion in 2026, according to a study from Juniper Research. These transactions also…
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NCR Corp completes acquisition of cryptocurrency software provider LibertyX
January 14, 2022
NCR Corp., a global enterprise technology provider, has completed the previously announced acquisition of LibertyX, a cryptocurrency software provider, for an…
read nowOld Missouri Bank selects Jack Henry for open digital banking
January 13, 2022
Old Missouri Bank, based in Springfield, Missouri, recently partnered with Jack Henry & Associates Inc. to launch an open banking platform for its digital…
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ATM market to grow by $6.94B
January 12, 2022
The global ATM market will grow by $6.94 billion between 2021 and 2025, according to a report by ResearchandMarkets. It will also grow at a compound annual…
read nowDigital bank Timo earns $20M in funding
January 11, 2022
Timo, the first digital bank in Vietnam, has completed a $20 million round of funding led by global investment firm Square Peg. Timo offers…
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Bank of America to cut non-sufficient funds fees, reduce overdraft fees
January 11, 2022
Bank of America has announced it will eliminate non-sufficient funds fees in February and will reduce overdraft fees from $35 to $10 in May. It will also get…
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Extraco Banks intros Agent IQ's digital assistant, chat service for customers
January 10, 2022
Extraco Banks, based in central Texas, has deployed Agent IQ's Lynq digital assistant and chat service. With this tool, Extraco can improve communication and…
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Fintech startup Almond Finance earns $2M in funding round
January 7, 2022
Almond Finance, a fintech company that offers a blockchain-based funds transfer infrastructure, has earned $2 million in a funding round. The company plans to…
read nowBlockchain.com intros crypto trading in Kansas
January 4, 2022
Blockchain.com, a cryptocurrency platform, has introduced its Wallet and Exchange to Kansas residents to enable crypto trading, according to a press release.
read nowJax Federal Credit Union selects Scienaptic AI for credit decisioning, member experience
January 3, 2022
Jax Federal Credit Union, based in Northeast Florida, has selected Scienaptic AI to deliver its AI-powered platform to improve its credit decisioning and…
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Finzly delivers cannabis financial services company to Lead Bank's banking-as-a-service solution
January 3, 2022
Finzly, a fintech company, has announced that PointChain, a financial services provider for the cannabis industry, is now live on Lead Bank's…
read nowCiti adds account authentication, real time payments to bill-payments platform
December 30, 2021
Citi's Treasury and Trade Solutions has added Citi Verify, an account verification tool and electronic-bill distribution capabilities through Request for Pay…
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