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Payments News & Media

Keybank invests $400K to expand Pennsylvania homeownership

November 6, 2023

Keybank announced a $400,000 investment for NeighborWorks Western Pennsylvania to improve homeownership and financial security in the region, particularly with…

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ATMs take cash deposit to the next level

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

NCR partnered with Clip Money to make cash deposits at ATMs easier for businesses. Here's how.

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Advisor Credit Exchange appoints CEO, COO

November 3, 2023

Advisor Credit Exchange, a technology platform connecting banks, lenders and wealth managers, has appointed J.P. Connellan as CEO and Melanie Warner as COO and…

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Keybank to offer financing for manufactured homes

November 2, 2023

Keybank announced additional financing options for manufactured homes as part of an effort to improve affordable housing. In order to qualify, the house must…

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Hyosung Innovue appoints chief revenue officer

November 1, 2023

Hyosung Innovue appointed Nancy Daniels as its first chief revenue officer. Prior to joining Hyosung, Daniels served as managing member and operating partner…

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Bank of America announces rewards day

November 1, 2023

Bank of America announced its More Rewards Day to be held on Nov. 9. During this day, credit cardholders will earn extra rewards on purchases, according to a…

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Standard Chartered Bank partners with Watershed Organization Trust

October 31, 2023

Standard Chartered Bank, based in India, partnered with Watershed Organization Trust to provide sustainable water use for the drought-impacted region of…

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Bank writes down Elon Musk's X (Twitter)

October 31, 2023

Fidelity, one of the banks that financed Elon Musks' purchase of Twitter (now renamed X), has devalued the company. It devalued it by 8%, representing a total…

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TreviPay intros Financial Partner Gateway

October 27, 2023

TreviPay, a B2B payments and invoicing network provider, introduced Financial Partner Gateway, an API suite for banks. With this tool, banks can provide…

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Travelex to offer Cambodian currency

October 26, 2023

Travelex, a foreign exchange company, partnered with the National Bank of Cambodia to provide the country's currency: the Khmer Riel, at the Changi Airport in…

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California seeks $1K bitcoin ATM limit to combat fraud

October 25, 2023

California legislators recently proposed a bill that would cap withdrawals at crypto ATMs to $1,000 per day and limit fees to $5 or 15%. This bill aims to…

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United Bank wins $9M Capital Magnet Fund from US Department of Treasury

October 25, 2023

United Bank won a $9 million Capital Magnet Fund award from the U.S. Department of Treasury's Community Development Financial Institutions Fund. This fund…

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Are surcharge-free ATMs inevitable?

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

Customers hate fees at ATMs, and fees are continuing to rise. Are surcharge-free ATMs the way of the future?

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Silicon Valley Bank to showcase products

October 24, 2023

Silicon Valley Bank, a division of First Citizens Bank, has unveiled its online banking platform SVB Go, which handles cash flow, issue border and…

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Wealthfront Cash Account now offering $8M in FDIC insurance

October 23, 2023

Wealthfront Corp. announced its Cash Account will offer up to $8 million in FDIC insurance for individuals and $16 million for joint accounts. The account is…

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Bitcoin ATMs fall by 17% globally

October 20, 2023

The number of bitcoin ATMs in circulation has fallen by 7,000 since the end of 2022 to 32,500, a 17% drop, according to a report by Coindesk.

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RockItCoin acquires FirstCoin ATM, Phoenix Crypto

October 20, 2023

RockItCoin, a bitcoin ATM provider, has acquired FirstCoin ATM and Phoenix Crypto, adding 78 ATMs to its network of more than 2,000 locations in the U.S.…

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Citi completes trades on Hong Kong Synapse platform

October 18, 2023

Citi Securities Services completed a trade settlement for China Asset Management on Hong Kong Exchanges and Clearing Ltd.'s Synapse platform. Citi is the first…

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Texas Regional Bank acquires Smith-Reagan Insurance

October 17, 2023

Texas Regional Bank has acquired Smith-Reagan Insurance, a commercial insurance services provider in Cameron County, Texas. This is part of the bank's strategy…

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Terrapay partners with Bancolombia for cross-border remittances

October 17, 2023

Terrapay, a global payments network, partnered with Bancolombia, a remittances company in Columbia, to offer cross-border transfers for residents to send money…

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