Payments News & Media

Owner of Paramount charged $138M after missed investor payment

November 22, 2024

Daryl Heller, owner of Paramount Management Group was charged a $138 million judgement after he missed a deadline for payments to almost 2,700 investors. The…

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IBC Bank partners with Finanta for commercial lending

November 21, 2024

IBC Bank, a financial institution, partnered with Finanta to transform its loan origination, portfolio management and commercial lending operations, according…

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Transforming access to cash services: Is shared banking the future?

In the UK, the Financial Conduct Authority (FCA) has new measures to protect access to cash which “would require banks and building societies designated by the…

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DNA Payments partners with Hospitality Digital Services for hospitality payments

November 18, 2024

DNA Payments, a payments platform, has partnered with Hospitality Digital Services to offer hospitality merchants an integrated payments solution with no app…

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How cash visibility can combat money laundering

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Money visibility solutions can help banks and businesses combat money laundering.

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Amscot to open store in Jacksonville

November 15, 2024

Amscot Financial, a non-bank financial services company, recently announced it is opening a branch in Jacksonville, Florida. This location will offer cash…

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One Equity Partners sells off Dragonfly Financial Technologies to FIS

November 14, 2024

One Equity Partners has sold Dragonfly Financial Technologies, a digital banking and cash management company, to FIS. Dragonfly serves four of the largest…

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NCR Atleos sees revenue growth in Q3 results

November 13, 2024

NCR Atleos reported $1.08 billion in revenue in the third quarter of 2024, compared to $1.07 billion year-over-year. It did report a lower profit this year, at…

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What role should cash play in banks?

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Should retail banks dump cash? Or should they adjust how they use it?

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Travelex selects NCR Atleos for ATM refresh

November 12, 2024

Travelex, a foreign currency exchange company, partnered with NCR Atleos to replace its portfolio of 600 ATMs with Atleos' SelfServ range and its software and…

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Domtar inks acquisition of Iconex Paper

November 12, 2024

Domtar Corp. has completed its acquisition of Iconex Paper, a POS receipt company for retail, ATMs and other services, from Atlas Holdings. The company has…

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Diebold Nixdorf reports Q3 2024 results

November 8, 2024

Diebold Nixdorf reported a revenue of $927.1 million in Q3 2024, down by 1.7% year-over-year. It also saw a gross GAAP profit of $236.6 million, down 1.4…

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Tri Counties Bank donates $200K to promote Black homeownership

November 7, 2024

Tri Counties Bank partnered with the Federal Home Loan Bank of San Francisco to donate $200,000 to promote Black homeownership through FHLBank's matching grant…

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Paysafe partners with Deutsche Bank for retail cash services

November 7, 2024

Paysafe, a payments platform, partnered with Deutsche Bank to provide Paysafecash for German banking customers. With this service, customers can deposit and…

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Bank of America introduces Guaranteed FX Rates for cross-currency payments

November 6, 2024

Bank of America introduced Guaranteed Foreign-Exchange Rates of up to one year for cross-currency payments. With this tool, businesses can mitigate currency…

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SoFi Technologies integrates Galileo's Cyberbank Core for payment services

November 6, 2024

SoFi Technologies Inc., a digital financial services company, integrated Galileo's Cyberbank Core to offer multiple payment services such as debit, prepaid…

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Teller Cash Recyclers 101: 4 facts to know

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

TCRs have been around for a few decades now at this point, and they have evolved significantly since then. Here are four key facts to know about these machines.

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University Credit Union introduces UTA-branded cards

November 5, 2024

University Credit Union introduced its University of Texas at Arlington branded debit and credit cards. These cards are a part of the credit union's existing…

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NCR Atleos partners with Rontec to offer surcharge free ATMs in UK

November 4, 2024

NCR Atleos has partnered with Rontec, a petrol station operator in the U.K., to provide its Cashzone Network of surcharge free ATMs in its forecourt. In…

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Bank of America announces More Rewards Day for Nov. 7

November 4, 2024

Bank of America announced its More Rewards Day Event will be returning on Nov. 7 for the third year in a row. On this day, eligible credit cardholders will…

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