Payments News & Media

How has digital payments impacted cash?

by Anamaria Burnete — Digital Marketing Specialist, Paragon Application Systems

The world of payments is evolving rapidly, and cash — the once-dominant player in the financial ecosystem — is facing unprecedented challenges.

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NCR Atleos appoints CFO

January 14, 2025

NCR Atleos appointed Andy Wamser as its CFO, effective Jan. 27. Wamser takes over for Paul Cambell who is stepping down as EVP and CFO, according to a press…

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Court finds Paramount Management Group owner Daryl Heller in civil contempt

January 14, 2025

The Lancaster County Court of Common Pleas has found Paramount Management Group owner Daryl Heller in civil contempt for failing to comply with court orders…

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Top 7 ATM news headlines of 2024: Lawsuits, crime, glue

by Bradley Cooper — Editor, Connect Media

Read the top 7 news headlines of 2024.

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Elon Musk's X to launch X Money payment platform

January 3, 2025

X (formally Twitter) announced plans for a payment system on the platform called X Money. CEO Linda Yaccarino said that "X will connect you in ways never…

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Stearns Bank to eliminate ATM fees

January 2, 2025

Stearns Bank announced it will eliminate ATM fees for its customers across the U.S. No minimum balance or account type is required for this service, according…

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Examining EMV testing, certification

by Anamaria Burnete — Digital Marketing Specialist, Paragon Application Systems

As EMVCo celebrates its 25th anniversary, it is important for the entire payment industry to acknowledge the organization's success in reducing counterfeit and…

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AU Small Finance Bank unveils credit card for fixed deposits

December 31, 2024

AU Small Finance Bank, based in India, unveiled its AU NOMO Credit Card. This card used fixed deposits as collateral, enabling customers to build credit and…

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Varo Bank to enable cash deposits/withdrawals at CVS

December 30, 2024

Varo Bank, a digital bank, partnered with Green Dot Corp. and CVS Health to offer fee-free deposits at more than 7,500 CVS locations in the U.S, along with…

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Paramount Management Group officially shuts down, fires staff, following legal turmoil

by Bradley Cooper — Editor, Connect Media

Paramount Management Group shut down amid legal troubles regarding missed ATM payments.

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California law to block fees for declined ATM withdrawals

December 27, 2024

A California law: Assembly Bill 2017 will block insufficient funds fees at ATMs, when customers try to make a withdraw that is more than they have in their…

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North Square Investments to acquire Foundry Partners

December 20, 2024

North Star Investments, a firm based in Chicago, inked a deal to acquire investment advisor company Foundry Partners LLC, according to a press release. It made…

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Morgan Stanley selects Wise for foreign exchange settlements

December 19, 2024

Morgan Stanley selected Wise to power its foreign exchange international settlements for corporate customers. Wise will provide its global payments…

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Bank of America's CashPro app to surpass $1T in payments

December 17, 2024

Bank of America announced its corporate clients will have surpassed $1 trillion in payment approvals on the CashPro app, a treasury operations app for 2024.

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Euronet to acquire ATM assets from Swedbank

December 13, 2024

Euronet, a fintech solutions and payments provider, will acquire Swedbank's ATM assets and outsourcing services for Lithuania, Estonia and Latvia. As part of…

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Chase Travel intros 10M points giveaway

December 11, 2024

Chase Travel, JPMorgan's travel brand, is offering eligible cardholders a 10 million point giveaway. Cardholders will have a chance to win one of 10 prizes of…

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Eva Longoria joins advertising campaign for Bethpage Federal Credit Union

December 11, 2024

Actor, director and producer Eva Longoria has joined the Bethpage Federal Credit Union's brand campaign "Money like a woman." The campaign aims to promote…

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Cardless raises $30M in funding round

December 10, 2024

Cardless, a fintech credit card solutions provider, has raised $30 million in an investment round led by Activant Capital. This brings its total equity funding…

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