Payments News & Media
The Federal Home Loan Bank opens diverse developer initiative
August 21, 2024
The Federal Home Loan Bank of Chicago opened applications for the 2024 Community First Diverse Developer Initiative. This program provides grants to nonprofit…
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Paysafe study finds customers want payment choice, cash access
August 16, 2024
A study by Paysafe called "Inside the Wallet: How consumers are spending and saving in 2024" found that customers are increasingly concerned with payment…
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Keybank expands Trinity Capital's credit facility
August 16, 2024
Keybank amended the credit facility for Trinity Capital Inc., a financial solutions company from $350 million to $440 million in commitments. It also increased…
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NCR Atleos sees revenue growth in Q2 2024 results
August 14, 2024
NCR Atleos saw a profit and revenue growth year-over-year in its second quarter 2024 financial results. Revenue was $1.08 billion compared to $1.04 billion…
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Scotiabank to acquire minority hold in KeyCorp
August 13, 2024
Scotiabank will acquire a 14.9% stake in KeyCorp, the parent company of Keybank. The stakes are $17.17 per share, representing $2.8 billion, according to a…
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Credit One Bank intros American Express travel card
August 12, 2024
Credit One Bank, a credit card issuer, introduced Credit One Bank Wander American Express card. With this card, travelers can earn up to 10X points on hotels…
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Cetera partners with California Coast Credit Union for investment program
August 8, 2024
Cetera Financial Group, a financial advisor company, partnered with California Coast Credit Union, based in San Diego with around 200,000 members, to deliver…
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Diebold Nixdorf sees profits in Q2 results
August 7, 2024
Diebold Nixdorf saw an operating profit of $70.7 million in its second quarter earnings, compared to a loss of $3.9 million year-over-year. It also had a…
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NCR Atleos expands partnership with Chime for branded ATMs
August 7, 2024
NCR Atleos expanded its partnership with Chime, a banking app to put its brand at Allpoint ATMs at 4,000 Walgreens locations. Chime members already have access…
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NCR Voyix to sell digital banking business to Veritas Capital
August 6, 2024
NCR Voyix announced an agreement to sell its cloud-based digital banking business to Veritas Capital for $2.45 billion and future additional contingent…
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Keybank's Secured Credit Card program reaches 30,900 graduates
August 6, 2024
Keybank announced that its financial wellness Key Secured Credit Card program gained 2,800 more clients as graduates, bringing the total to more than 30,90…
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Cashfree Payments receives Reserve Bank of India's payment license
August 6, 2024
Cashfree Payments, a payments company based in India, received a Payment Aggregator license for cross-border payments from the Reserve Bank of India. With this…
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Blu Financiero announces credit card that doesn't require credit history in Mexico
August 5, 2024
Blu Financiero, a fintech company based in Mexico, introduced a mass market credit card with a 99% approval rate and no credit history required. The waitlist…
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Chase expands DoorDash partnership
August 2, 2024
JPMorgan Chase expanded its partnership with DoorDash to offer grocery benefits to customers who order from more than 150,000 grocery stores, convenience…
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Bank of America's CashPro app sees $500B+ payment approvals
August 1, 2024
Bank of America's CashPro App saw more than $500 billion in corporate payment approvals so far in 2024. This is a nearly 40% increase year-over-year and is on…
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7-Eleven to deploy ATMs in Malaysia
July 31, 2024
Seven Bank, the banking arm of the Japanese parent chain of 7-Eleven plans to add more ATMs in Southeast Asia, particularly in Malaysia. This expansion is due…
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3 reasons why retail ATMs aren't going anywhere
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
Retail ATMs will still be a staple in the years to come for a variety of key reasons related to customer preferences, security and more.
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TerraPay enables bank mobile payments with Swift
July 30, 2024
TerraPay, a money transfer company, announced that banks can send money to more than 2.1 billion mobile wallets through its integration with Swift.
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Ukraine cyberattack shuts down Russian bank ATMs
July 29, 2024
Ukraine recently launched a cyberattack against Russian banks, which successfully shut down ATMs in banks including VTB Bank, Alfa-Bank, Sberbank, iBank and…
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BankservAfrica partners with UnionPay for transaction support in Africa
July 24, 2024
BankservAfrica, a clearing house in Africa, partnered with UnionPay International for e-commerce transactions for UPI cardholders in Africa. Through this…
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