Hitachi Payment Services unveils new brand, appoints CEO

January 15, 2024

Hitachi Payment Services, a payments provider in India, has launched Hitachi Cash Management Services through its acquisition of Writer Corp's cash management…

Ace Money Transfer partners with Pakistan bank for remittances

January 12, 2024

Ace Money Transfer has partnered with Habibmetro, a bank in Pakistan to promote remittance inflows to the country. Through this partnership, Habibmetro aims to…

SEC approves bitcoin ETFs

January 11, 2024

The Securities and Exchange Commission officially approved 11 bitcoin exchange traded funds. This occurred despite the fact that an unknown individual hacked…

Diebold Nixdorf to relocate Ohio headquarters

January 10, 2024

Diebold Nixdorf Inc. will be leaving its Hudson, Ohio, headquarters and consolidating its Northeast Ohio employees in North Canton, according to a…

Mortgage loan subservicer Cenlar appoints four VPs

January 10, 2024

Cenlar FSB, a mortgage loan subservicer, made multiple VP appointments including Shanth Anathuni to VP of digital transformation, Dana Cifelli to VP of…

Bitcoin ETF managers await SEC ruling, following social media hack

January 10, 2024

Asset managers are hopeful that the Securities and Exchange Commission will approve trading of bitcoin exchanged-traded funds. However, on Jan. 9, someone…

FusionIQ partners with Kinecta Federal Credit Union for investment services

January 9, 2024

FusionIQ, a cloud-based wealth management solutions provider, partnered with Kinecta Federal Credit Union to deliver its FusionIQ One platform for investment…

Ex-police officer makes $12M with ATM side business

January 5, 2024

Paul Alex, a former police officer in San Francisco, made $12 million dollars after starting an ATM side job in 2018. He first entered this space after…

CFG Bank gains $125M investment

January 4, 2024

Capital Funding Bancorp Inc., the holding company for CFG Bank based in Baltimore, gained a $125 million investment form J.C. Flowers & Co. LLC, a private…

Bitcoin ATMs down by 11% year-over-year

January 2, 2024

Bitcoin ATMs have declined by 11.1% year-over-year. On Jan. 1st, 2024, the total number of bitcoin ATMs stood at 33,638, down from 37,827 on Jan. 1 2023…

Bitcoin ATM operator Margo gains $16M in funds

January 2, 2024

Chicago Atlantic delivered a $16 million secured term loan to Margo, a cryptocurrency ATM operator. With this investment, Margo will expand its bitcoin ATM…

Philadelphia transit to stop accepting payment tokens in January

December 29, 2023

Philadelphia buses and trolleys will no longer accept payment tokens on Jan. 1, when users will be required to pay with "travel wallets," according to a…

Unionpay partners with Trip.com to offer payments options for travelers

December 29, 2023

Unionpay International partnered with Trip.com, an online travel agency, to provide improved payment options for Unionpay cardholders. Unionpay online payment…

Chase to offer 5% cash back at grocery stores through Freedom card

December 28, 2023

Chase Freedom announced its Freedom and Freedom Flex cardholders will now gain 5% cash back at select grocery stores, gyms and spas as part of its category…

Unionpay International selects BankservAfrica for South African card payments

December 27, 2023

Unionpay International selected BankservAfrica, a payments clearing house in Africa, as its domestic processor for card payments in South Africa.

Crypto firm Byte Federal expands into Australia

December 22, 2023

Byte Federal Inc., a cryptocurrency services company, has launched Byte Federal Australia to provide bitcoin ATMs, cryptocurrency point-of-sale solution…

ATM, self-service tech wows at Self-Service Innovation Summit

The recent Self-Service Innovation Summit provided examples of payment systems, interactive touchscreens, voice interaction modules, AI-enabled identity…

Contactless payments market to surpass $162B by 2030

December 21, 2023

The contactless payment market will grow from $38.55 billion in 2022 to $162.56 billion by 2030 at a compound annual growth rate of 19.71%, according to…

Hyperion Bank intros CD promotion with 5.65% APY

December 21, 2023

Hyperion Bank introduced a limited-time certificate of deposit promotion with a 5.65% annual percent yield for 15 months. It is available for new funds…

Safe partners with Sygnum, CoinCover for crypto recovery

December 20, 2023

Safe, a smart wallet infrastructure company, partnered with digital asset banking company Sygnum Bank and CoinCover, a recovery service provider, to introduce…