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?

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…

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…

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.

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.…

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…

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…

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…

Newzip partners with SECU to deliver better mortgages

October 16, 2023

Newzip, a real estate solutions company, partnered with State Employee's Credit Union of Maryland to deliver its agent mashing and cash reward platform to…

NCR CEO Michael Hayford retiring

October 16, 2023

NCR Corp. announced that Michael D. Hayford will retire from his role of CEO following the separation of NCR into Atleos, focused on ATMs, and Voyix, focused…

How Will a 'Cash-Free' Future Impact Test Conditions for ATMs?

by By Steve Gilde, director market engagement, Paragon Application Systems, Anamaria Burnete — Digital Marketing Specialist, Paragon Application Systems

The concept of a cash-free (or cashless) society has been around for decades. But with the digital-payments penetration reaching 89 percent in 2022, and with…

Experion launches digital checking account, debit card

October 13, 2023

Experian launched its Smart Money Digital Checking Account and Debit Card, along with Experian Boost, which adds payments from bills to a user's credit profile…

Texas judge rules law enforcement improperly returned funds from bitcoin ATM to scam victim

October 10, 2023

At Texas judge has ruled that a sheriff's seizure of funds from a bitcoin ATM was misguided in a case where a woman was tricked into depositing $15,000 at a…

World Bank sees Israel/Gaza conflict as economic shock

October 10, 2023

Ajay Banga, president of the World Bank, said the current conflict between Israel and Gaza is a global economic shock that could make it difficult for central…

Fed defends banking rules proposal in wake of collapses

October 9, 2023

Michael Barr, vice chair of supervision for the Federal Reserve, has defended its recent proposal that would require banks to improve their capital buffers. He…

The Rise of Digital Wallets and Their Impact on the Payment Industry

Payments

H.way intros digital banking account for Hispanic customers

October 5, 2023

The company h.way launched its digital banking account for Hispanic users, which provides a variety of services such as debit cards, ATM access, early payday…

Discover partners with Jennifer Coolidge for advertising campaign

October 4, 2023

Discover launched its "Especially for Everyone" brand campaign with actress Jennifer Coolidge to focus on how its benefits and products are for all consumers.

Paypal to integrate Apple Wallet

October 4, 2023

Paypal Holdings Inc. has announced that customers can add Paypal or Venmo credit and debit cards to Apple Wallet and make payments with one tap, according to a…

Member Access Processing appoints CEO

October 4, 2023

Member Access Processing, a provider of Visa DPS debit, credit, ATM, prepaid and mobile processing platforms, has appointed Steve Bone as CEO. Prior to joining…