Digital Banking News
Varo Believe program helps consumers build credit
February 25, 2021
Varo Bank, an all-digital nationally chartered U.S. bank, has introduced its Varo Believe program, a credit building product that includes a Visa credit card…
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Demand for crypto debit cards surges 194% in 12 months
February 24, 2021
New research presented by Crypto Parrot indicates that global interest in the keyword 'crypto debit card' has surged by 194.1% over the last 12 months on the…
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Core enhancements lead Oregonians CU to upgrade digital banking platform
February 24, 2021
The Oregonians Credit Union, based in Milwaukie, Oregon, recently chose Tyfone's nFinia digital banking platform to bring its 20,000 members a true omnichannel…
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US bank software provider Alkami plans IPO at $3B valuation
February 23, 2021
Alkami Technology has chosen Goldman Sachs Group Inc. to lead its initial public offering of its U.S. banking software provider later this year, which may be…
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Atlantic-Pacific Processing Systems, Global Oculus offer digital payment acceptance to merchants
February 22, 2021
Atlantic-Pacific Processing Systems NV Corp. a white label SaaS payment processing and acquiring infrastructure platform, and Global Oculus, a blockchain and…
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Swiss contactless ATM withdrawals go mainstream
February 19, 2021
The COVID-19 pandemic spurred a QR code acceleration in Switzerland, causing several banks to integrate QR code-based readers into their facilities and leading…
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Standard Cognition raises $150M, teams with Compass Group and Circle K on autonomous checkout
February 18, 2021
Standard Cognition, which provides an autonomous checkout solution that can be quickly installed in retailers' existing stores, has raised a $150 million round…
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Zippin installs checkout-free store in Japanese hotel
February 18, 2021
Zippin, a provider of checkout-free technologies for brick-and-mortar retail, has installed a hotel convenience store.
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Jiko processed a $4.7M transaction, customer gets $47,000 cash back
February 17, 2021
Jiko Group Inc., a bank holding company supervised by the Federal Reserve announced that it has processed a massive $4.7 million debit card transaction as part…
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ACI Worldwide, Auriga partner launch ATM self-service banking platform
February 16, 2021
ACI Worldwide, a global provider of real-time digital payment software and solutions, announced a partnership with Auriga, an omni-channel banking and payment…
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ATMs enable cardless withdrawal
February 15, 2021
ATM cardholders in India will now be able to withdraw cash from an ATM without having to touch the ATM's screen.
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Omaha sporting event venues changed to 'no cash' venues
February 12, 2021
Sports fans in Omaha will find something new at their favorite venues this spring: none of the facilities will accept cash, only mobile payments and credit…
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Porte helps customer save, reduce debt, monitor spending
February 11, 2021
Populus Financial Group, a financial products and services provider, has launched Porte, a mobile banking solution to help members work toward financial…
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ATMIA launches forum for crypto ATM deployers
February 3, 2021
The ATM Industry Association has launched a cryptocurrency ATM Deployers Forum, a focus group dedicated to the special needs, issues and concerns of the…
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CoinFlip exceeds one million transactions, revenue grows 359%
February 2, 2021
CoinFlip global Bitcoin ATM operator announced a record performance in 2020 with a 359% increase in revenue from the year prior and more than tripling the size…
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California DFPI: Not all bitcoin ATMs are subject to licensure
January 29, 2021
California's Department of Financial Protection and Innovation released a new opinion letter covering aspects of the Money Transmission Act as it related to…
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TD Bank closing 81 branches
January 28, 2021
TD Bank will close 81 of its 1,223 retail branches, almost 7% of all locations, as the COVID-19 pandemic pushes the financial institution from brick-and-mortar…
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XTM rolls out mobile payment solution to 68 Earls restaurant locations
January 28, 2021
Earls Restaurants, with locations throughout Canada and North America, has selected XTM Inc. a Toronto-based fintech company's Today mobile app and Mastercard…
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JPMorgan launching digital retail bank in the UK
January 27, 2021
JPMorgan is planning to expand its retail presence to the U.K. for the first time, but will only offer services through its mobile app.
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Mastercard imposes fivefold increase in 'interchange fee' for UK
January 25, 2021
Mastercard is planning a substantial hike in interchange fees to merchants post-Brexit. Mastercard insists that U.K. shoppers using a credit card will not be…
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