Payments News & Media

Varo Bank expands credit access to serve stressed customers

April 1, 2024

Varo Bank N.A. announced two products to help relieve financial pressure on customers. These include the Line of Credit to pre-approve customers up to $2,00…

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Pacific Processing funds $10M capital fund to acquire ATM deployers

April 1, 2024

Pacific Processing, an ATM equipment and services company, raised $10 million to fund partial or full acquisitions of ATM deployers within Southern California…

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Bank of America intros income-focused portfolios

March 28, 2024

Bank of America announced its Merrill investment advisory program is offering new income-focused portfolios for retirees to offer predictable income over a…

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Cashfree Payments intros risk management solution

March 27, 2024

Cashfree Payments, a payments company based in India, announced RiskShield, a risk management tool for payment gateways. The company aims to reduce fraud…

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Coinme intros cash-to-crypto at Coinstar kiosks

March 27, 2024

Coinme, a cryptocurrency cash exchange, announced a service with Coinstar to allow customers to purchase cryptocurrency and add it to their wallet by…

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Non-bank ATMs have hidden opportunities amid challenges

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

IADs have taken big hits in recent years, but consumers still want their services. IADs need to take these key strategic steps for success.

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Bullet Blockchain deploys 10 bitcoin ATMs in Georgia

March 26, 2024

Bullet Blockchain Inc., a software development company, deployed 10 bitcoin ATMs in Georgia. This was part of the company's strategy to acquire a fleet of…

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Centime intros business cash banking solution with FNBO

March 26, 2024

Centime, a fintech based in Boston, partnered with First National Bank of Omaha to launch a cash management solution for businesses. The solution will allow…

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Bitcoin Depot saw profit growth in 2023 in financial results

March 25, 2024

Bitcoin Depot Inc., a bitcoin ATM operator announced gross profit in the fourth quarter of 2023 was $17.9 million, compared to $14.6 million year over year.

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Chase announces Q2 rewards for Freedom cardholders

March 22, 2024

Chase announced new cash back rewards for its Freedom and Freedom Flex cards for the second quarter of 2024. In particular, cardholders can earn 9% cash back…

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National Park Service faces lawsuit for going cashless at national parks

March 22, 2024

The National Park Service has been gradually converting its national parks to cashless at places such as the Rocky Mountain National Park. Now, several…

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GoCardless to acquire Nuapay

March 21, 2024

GoCardless, a payment company, acquired Sentenial Ltd., operating under the Nuapay brand from EML Payments Ltd. The company plans to integrate Nuapay into its…

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Mastercard intros Smart Subscriptions management solution

March 20, 2024

Mastercard unveiled Smart Subscriptions, an open banking management tool that financial institutions can integrate into their banking platforms. The tool…

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OMB Bank joins Treasury Prime Bank Network

March 18, 2024

Treasury Prime, a banking software company, announced that OMB Bank, based in Missouri, has joined its Bank Network. Through this network, OMB Bank can work…

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Federal Home Loan Bank of Pittsburgh provides $114.2M to support communities

March 13, 2024

The Federal Home Loan Bank of Pittsburgh announced that $114.2 million is now available for its member financial institutions to support their communities…

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Hong Kong central bank starts regulatory sandbox for stablecoins

March 12, 2024

The Hong Kong Monetary Authority, a central bank, introduced a regulatory sandbox to allow stablecoin issuers to test stablecoins without penalties. This is…

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Regions Bank intros Visa Commercial Pay Mobile

March 11, 2024

Regions Bank introduced Visa Commercial Pay Mobile to allow Treasury Management clients to make payments. Business clients can create virtual accounts for…

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JP Morgan to join France's payment network Cartes Bancaires

March 7, 2024

J.P. Morgan has received approval to join Cartes Bancaires CB, a payment network in France. It plans to offer its merchant clients access to Cartes by the end…

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State Street intros $100M program for minority depository institutions

March 6, 2024

State Street Corp., a financial services company, announced a $100 million program to offer deposit funding to minority depository institutions and community…

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Wells Fargo asks for more time in racial discrimination lawsuit

March 6, 2024

Wells Fargo filed a motion asking for more time to respond to three reports submitted by plaintiffs in a class action lawsuit that alleges racial…

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