Bank of America fined for more than $250M for fake accounts, junk fees

July 12, 2023

The Consumer Financial Protection Bureau has ordered Bank of America to pay more than $250 million in fines and customer refunds for a variety of violations…

Member Access Processing to offer loyalty rewards

July 12, 2023

Member Access Processing, a prepaid, Visa DPS, debit, credit, ATM and mobile processing platform for credit unions, has added ampliFI Loyalty Solution's…

ATM industry urges Congress to take action on Safe Access to Cash bill

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

Following high profile deadly shootings at ATMs, the industry is calling on Congress to act to protect access to cash.

Seattle's county seat passes cashless ban

July 11, 2023

The King County Council in Washington has voted to require businesses in unincorporated parts of the county to accept cash of up to $200. In the state, 2% of…

Slide Insurance raises $35M to build credit facility with Regions Bank

July 11, 2023

Slide Insurance, an insurtech company, has raised $35 million to build a senior credit facility with Regions Bank in Tampa, Florida, according to a press…

Michigan police on lookout for ATM card skimmer suspect

July 10, 2023

Police in Dearborn, Michigan are asking the community for help to identify a suspect who allegedly has installed skimming devices on ATMs to steal personal and…

Cash logistics market to grow by $20B with ATMs leading the way

July 7, 2023

The cash logistics market will grow by $20.26 billion from 2022 to 2027 at a compound annual growth rate of 10.16%, according to research from…

Bitcoin Depot completes business combination, begins public trading

July 5, 2023

Lux Vending LLC, operating under the name Bitcoin Depot, and GSR II Meteora Acquisition Corp. have closed on a business combination and will be renamed Bitcoin…

Chase expands grant program to Hispanic, Black communities

July 3, 2023

JPMorgan Chase Home Lending has expanded its $5,000 Homebuyer Grant Program for additional Hispanic and Black Communities in 16 markets. This grant is designed…

Newzip partners with Apple Federal Credit Union to deliver improved mortgage experience

June 30, 2023

Newzip, a real estate solutions provider, has partnered with Apple Federal Credit Union, based in Virginia, to deliver its agent matching and cash reward…

Banks pass Fed stress test

June 30, 2023

The Federal Reserve ran a stress test on 23 U.S. banks and all passed. The test assesses if banks would have enough capital to absorb losses and continue…

Westpac to adjust ATM withdrawal limits

June 29, 2023

Westpac, a bank based in Australia, announced it will allow customers to set a cash withdrawal limit on their cards above or below $1,000 with a maximum of…

Xerof intros $100M bitcoin active managed certificate

June 29, 2023

Xerof, a Swiss cryptoasset financial services company, has introduced bitcoin-backed active managed certificates. With these certificates, users can invest…

Paysend partners with RemotePass for payments to workers

June 28, 2023

Paysend, a card-to-card payments company, has partnered with RemotePass, a payroll platform provider, to offer global payouts to international workers in 8…

Indian digital bank Kotak811 intros financial freedom campaign

June 28, 2023

Kotak811, a digital bank based in India, has launched its Finance ka+1 campaign, which aims to help young people gain financial freedom. The campaign will…

Which payments businesses accept matters

While technology-driven forms of payment such as credit cards, debit cards and mobile wallets have become more available over the past few years, consumers…

Quant releases blockchain platform used in Bank of England's CBDC project to the public

June 27, 2023

Quant, a blockchain technology provider, launched its Overledger Platform to the public as software-as-a-service.

Majority of countries see ATM recovery post-COVID

June 27, 2023

The ATM market has grown in more than half of 180 countries analyzed in RBR's Global ATM Intelligence Service report. The number of ATMs has reached or…

NCR to spin off ATM business

June 26, 2023

NCR Corp. has filed its Form 10 registration statement with the U.S. Securities and Exchange Commission for its spin off of its ATM business. This is part of…

Ventus to co-host Cash in the USA 2023 in Nashville

June 23, 2023

Ventus, a managed networking provider for ATMs and ITMs, will co-host Cash in the USA 2023 being held Oct. 3 in Nashville, Tennessee along with CMS Analytics.