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Payments News & Media

Varo Bank survey finds inflation leading to 89% of customers using credit cards for essentials

May 8, 2024

Varo Bank released a study through Morning Consultant that found that 89% of customers rely on credit cards for essential purposes. The report surveyed U.S.

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Zero Circle partners with Epic River for green financing

May 8, 2024

Epic River, a lending-as-a-service platform provider, partnered with Zero Circle, a green finance marketplace, to integrate their digital platforms. With this…

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Fed to keep rates steady due to decreasing banking loans

May 7, 2024

U.S. banks saw a decrease in demand for industrial loans and household credit in the first quarter of 2024, according to data from a Federal Reserve survey.

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Remittance market to grow by $38.2B

May 6, 2024

The global remittance market is expected to grow by $38.2 billion from 2023 to 2027, according to research from Technavio. It will also grow at a compound…

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Allied Payment Network appoints VP

May 6, 2024

Allied Payment Network Inc., an open-network payments solutions provider for banks, appointed Arlington Wade as VP of sales for the West region. Prior to…

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Diebold Nixdorf appoints CFO

May 1, 2024

Diebold Nixdorf recently appointed Thomas Timko as EVP and CFO. In this role, he will handle Diebold Nixdorf's financial strategies and performance, according…

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Rethinking card issuing in an age of fintech disruption

Banks face challenges in modernizing card issuing to keep up with new competitors. Fintech disruptors and evolving consumer preferences could affect existing…

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Republic First Bank collapses, Fulton Bank to acquire assets

April 30, 2024

Republic First Bank was seized by Pennsylvania state regulators with its assets sent to the Federal Deposit Insurance Corp. Fulton Financial Corp, the parent…

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Space Coast Credit Union deploys decisioning solution

April 26, 2024

Space Coast Credit Union, based in Melbourne, Florida, recently deployed MeridianLink's Advanced Decisioning module for automated decisioning in the lending…

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Australia surpasses 1,000 bitcoin ATMs

April 24, 2024

Australia now has 1,002 bitcoin ATMs in operation. This makes it the third largest bitcoin ATM network in the world, with Canada in second and the U.S. in…

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Lama AI joins Mastercard Engage Partner Platform

April 23, 2024

Lama AI, a commercial lending technology provider, plans to join the Mastercard Engage Partner Platform to deliver better payments solutions. In particular…

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Fed says more than 1,800 banks utilized emergency lending facility

April 23, 2024

The Federal Reserve said that 1,804 banks used the emergency lending facility that was set up in March 2023, following the collapse of multiple regional banks…

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BookMyForex launches app update for international travelers

April 19, 2024

BookMyForex, an online retail foreign exchange platform based in India, has released its latest app version.

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Supreme Court rejects Visa, Mastercard appeal in ATM lawsuit

April 17, 2024

The U.S. Supreme Court will not hear an appeal from Visa and Mastercard in a class action lawsuit case from ATM operators, who first sued Visa, Mastercard and…

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Travelex debuts click-and-collect in Hong Kong

April 12, 2024

Travelex, a foreign exchange brand, has launched its online click-and-collect service in Hong Kong.

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2024 ATM Software Trends survey now open: 5 winners to receive BCX Summit pass

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

April 11, 2024

The survey for the 2024 ATM & Self-Service Software Trends report is now up. This is the 17th year for the report, which is sponsored by KAL ATM Software.

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How banks can improve customer experience with surcharge free ATMs

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

Surcharge free ATMs allow banks to expand their services outside of branches.

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How to make ATMs green-friendly

by Mark Aldred — Head of Sales, Auriga

Managing ATMs well and handling cash responsibly can make using cash eco-friendly.

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Travelex wins contract for foreign currency exchange at Munich Airport

April 2, 2024

Travelex, a foreign currency exchange company, won a five year contract to run a foreign exchange and tax refund operation at Munich Airport. In particular…

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Australians protest cashless with 'Draw out some cash day'

April 2, 2024

Australian activists organized a protest on April 2, 2024, to withdraw cash from ATMs called "Draw out some cash day." This is part of an effort to protest…

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