Payments News & Media
US banks holding onto more cash
September 5, 2023
U.S. banks are holding onto larger stockpiles of cash due to uncertain economic conditions, including deposit outflows and potentially stronger liquidity…
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Alipay+ partners with Payment Networks for tourist digital payments
September 5, 2023
Alipay+ has partnered with Payment Networks Malaysia Sdn Bhd and Ant Group to enable travelers to Malaysia to use cashless payments while in the country. Users…
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Bayview intros insurance asset management business
September 5, 2023
Bayview Asset Management, an investment management company, has introduced its Insurance Asset Management business, which will be led by CIO Nancy Mueller…
read nowHashkey Exchange launches in Hong Kong
September 1, 2023
Hashkey Exchange, a retail cryptocurrency exchange, has launched in Hong Kong. It will act as a regulated business under the Securities and Futures Commission…
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NCR to install ATMs in Barcelona Airport
September 1, 2023
NCR Corp. will install 14 Cashzone-branded ATMs at Josep Tarradellas Barcelona-El Prat Airport in Spain to provide passengers access to cash, according to a…
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Bitcoin Depot expands in Iowa, Louisiana
August 31, 2023
Bitcoin Depot, a U.S.-based bitcoin ATM operator and fintech company, has expanded its BDCheckout program into Iowa and Louisiana through its partnership with…
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ATM fees hit high of $4.73
August 30, 2023
The average fee for out-of-network ATMs reached an all time high this year of $4.73, surpassing the previous high of $4.72, according to a report by Bankrate.
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Visa, Mastercard set to raise credit card fees
August 30, 2023
Visa and Mastercard are planning to raise fees merchants pay when accepting credit cards, according to a report in The Wall Street Journal carried by msn.com.
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Citi intros Relationship Tiers for retail banking
August 30, 2023
Citi's U.S. Retail Bank has introduced Relationship Tiers for simplified banking. With Relationship Tiers, customers can access a variety of services such as…
read nowPeoples Bank partners with Corserv for credit card program
August 30, 2023
Peoples Bank, based in Ohio, partnered with Corserv to implement its credit card program for its customers. With this program, the bank can offer 14 different…
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SEBA Bank receives approval-in principle for virtual assets in Hong Kong
August 30, 2023
The Securities and Futures Commission in Hong Kong has given approval-in-principle to SEBA Bank to provide virtual assets services in the region. Once it gains…
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Cash logistics market to grow by more than $20B
August 29, 2023
The cash logistics market is expected to increase by $20.26 billion from 2022 to 2027, according to research by Technavio. It will also grow at a compound…
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FDIC to vote on stricter rules on regional bank dissolution
August 29, 2023
The Federal Deposit Insurance Corp. will vote on a variety of proposals to ensure regional banks with more than $100 billion in assets can be dissolved safely…
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Cannabis dispensaries turn to cash in wake of Mastercard ban
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
With Mastercard's recent move to ban cannabis purchases, dispensaries must turn to cash.
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Poof Payments intros cryptocurrency payment solution
August 24, 2023
Poof Payments Inc. has introduced Pay with Anything to allow users to pay invoices with a variety of cryptocurrencies such as Ethereum, Avalanche and others.
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Sila launches instant settlement with ACH
August 24, 2023
Sila, a fintech, launched Instant Settlement to provide customers with access to ACH debits on its platform. With this service, customers don't need to…
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CIMA intros cash recycler
August 23, 2023
CIMA Cash Handling America has introduced INLANE300 DEPO PLUS, a note and coin recycler for small retailer, QSRs and other spaces.
read nowUK Fintech Growth Partners intros fund for fintechs
August 23, 2023
UK Fintech Growth Partners LLP has launched its Fintech Growth Fund, to support fintechs in early stages of growth. Barclays, NatWest, Mastercard and the…
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Riyad Bank to automate processes with Blue Prism
August 23, 2023
Riyad Bank, based in Saudi Arabia, will automate several banking processes with SS&C Blue Prism. The solution has automated ATM and cash management…
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S&P downgrades credit ratings on 5 banks
August 22, 2023
S&P Global, a ratings agency, has cut its credit ratings on five banks. It downgraded Associated Banc-Corp. and Valley National Bancorp for funding risks…
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