Payments News & Media

Florida seeks to regulate crypto ATMs

January 24, 2024

Florida lawmakers want to apply existing ATM restrictions to cryptocurrency ATMs to prevent fraud, according to a wmfe.org report.

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Majority of EU banks not meeting green standards

January 24, 2024

A majority (nine out of 10) of the European Union's biggest banks aren't doing enough to move away from fossil fuels, according to a study by the European…

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Anchor Loans intros third-party originator channel

January 23, 2024

Anchor Loans, a direct lender, launched its third-party originator channel for mortgage brokers, banks, private lenders and other partners. It will offer a…

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Ireland minister of finance to bring proposal to ensure ATM access

January 22, 2024

Michael McGrath, minister for finance in Ireland, has brought a proposal to the Cabinet to ensure access to ATMs through the Access to Cash Bill. With this…

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5 rules for success in self-service

by Daniel Brown — Editor, Networld Media Group

A panel of experts shared core trends and rules for success for self-service automation at the Self-Service Innovation Summit in Miami, Florida.

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ICICI Bank Canada intros mobile banking remittance app

January 18, 2024

ICICI Bank Canada, a subsidiary of ICICI Bank Ltd., has launched the app Money2India, which allows customers of any Canadian bank to send money to any bank in…

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Bellco Credit Union partners with Economic Literacy Colorado for financial education

January 16, 2024

Bellco Credit Union partnered with Economic Literacy Colorado to launch a FUNancial $marts activity book for high school students on money management. Bellco…

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Scienaptic AI partners with DigiFi for automated lending

January 15, 2024

Scienaptic AI, a credit decisioning platform provider, partnered with DigiFi to provide automated lending through its AI-powered signals and DigiFi's loan…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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