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Payments News & Media

OneUnited Bank celebrates Juneteenth with OneLove campaign

June 12, 2024

OneUnited Bank, a Black-owned financial institution, is celebrating Juneteenth with the OneLove Card TV campaign. The advertisement itself discusses the…

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JP Morgan expands iPhone tap to pay to Canadian customers

June 11, 2024

Chase Payment Solutions, a subsidiary of J.P. Morgan Payments, expanded its Tap to Pay on iPhone feature for Canadian merchants. Sephora was the first client…

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VoPay launches cash management, digital transaction platform for banks

June 11, 2024

VoPay, an embedded payment technology company, introduced TXB, a digital transaction and cash management banking platform. With this tool, financial…

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FHLBank Chicago expands small business grants to $19.5M

June 11, 2024

The Federal Home Loan Bank of Chicago expanded its grants to small businesses through a variety of means, including boosting funding to $19.5 million for…

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EQ Bank intros savings account

June 10, 2024

EQ Bank, the digital banking arm of Equitable Bank, introduced its Notice Savings Account, with no minimum balance requirements and no fees. With this account…

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NCR Atleos delivers deposit ATMs in UK

June 5, 2024

NCR Atleos announced it has deployed multi-bank deposit ATMs in the United Kingdom. The rollout will initially be connected to the Link ATM network in major…

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Will cash ever go away?

by Bradley Cooper — Editor, Connect Media

Is cash on its way out or will it stick around for the future?

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Destream releases debit card for streamers, content creators

June 3, 2024

Content creator and financial platform destream introduced a debit card for streamers, bloggers and influencers in Europe. With this card, destream aims to get…

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BankSocial announces credit union payments solution

June 3, 2024

BankSocial, an open banking platform, introduced a payments solution for credit unions, which connects to the RTP network from The Clearing House, according to…

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2024 ATM & Self Service Software Trends survey deadline extended to June 14

June 3, 2024

The deadline for the survey for the 2024 ATM & Self-Service Software Trends Report has been extended to June 14. This is the 17th edition of the report…

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Visa, Mastercard will pay $197 million in ATM fee lawsuit

May 31, 2024

Visa and Mastercard both agreed to pay $197 million in a class action lawsuit regarding ATM fees. This lawsuit covers customers who withdrew cash from bank…

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Bethpage Federal Credit Union selects Scienaptic for credit underwriting

May 31, 2024

Bethpage Federal Credit Union, based in New York, selected Scienaptic for its credit decisioning platform. With this tool, the union aims to deliver…

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Payment Testing: The High Cost of Low-Quality Data

Financial transaction messages must be correctly formed, parsed, processed, and contain accurate data. Read why low-quality data comes with a high cost.

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GoldATM intros online store

May 28, 2024

GoldATM, a dispenser of Goldback bills, opened its e-commerce store, called Autm. The Goldback bills are made of pure 24-carat gold and customers can purchase…

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Chase boosts Closing Guarantee to $20K

May 23, 2024

JPMorgan Chase Home Lending has increased its Closing Guarantee for homebuyers from $5,000 to $20,000. The bank gives this money to customers if it cannot…

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FIS upgrades mobile banking app

May 22, 2024

FIS, a fintech company, introduced FIS Digital One Flex Mobile 6.0 mobile banking app. With this app, customers can bank online or mobile with a simplified…

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Citi ATM fee waiving policy for minority-owned banks leads to lawsuit

May 21, 2024

A group of Florida customers have entered a lawsuit against Citigroup for allegedly charging out-of-network fees at Citi ATMs for white customers. The lawsuit…

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Rome to offer contactless transit payments to UnionPay cardholders

May 20, 2024

Rome will offer contactless payment services for its transit services to UnionPay cardholders. The service is available through Nexi, an Italian payments…

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Western Union to resume service between US, Cuba

May 14, 2024

Western Union resumed service between the U.S. and Cuba through its processing partner Orbit S.A. Customers can send money to Cuba from any U.S. retail…

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Bankart to migrate payment services to Diebold Nixdorf's platform

May 13, 2024

Bankart, a payment processing company in Slovenia, plans to migrate its payment services to Diebold Nixdorf's Vynamic Transaction Middleware. This will replace…

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