RockItCoin acquires XBTeller

June 23, 2023

RockItCoin, a bitcoin ATM operator, has acquired XBTeller, a bitcoin ATM operator based in Colorado and Texas. With the acquisition, RockItCoin now has a…

Travelex partners with Bank of New Zealand to deliver discounted travel money

June 22, 2023

Travelex has partnered with the Bank of New Zealand to provide discounted travel money for the bank's customers. With this service, customers can load up to…

Senate Banking Committee to examine bipartisan bill to confiscate failed bank's executive pay

June 21, 2023

The Senate Banking Committee will consider a bill that would take banking executive's pay in the aftermath of a collapse like what happened to Silicon Valley…

Why Technology is so Important to Payment Testing

Nobody benefits from these failed transactions, certainly not the consumer who is left stranded at the checkout counter unable to complete a purchase or who is…

What's going on with Binance, Coinbase?

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

Cryptocurrency took a major hit this month, as the Securities and Exchange Commission opened lawsuits against popular exchanges Binance and Coinbase.

Some SVB customers have to pay back loans, despite deposit loss

June 20, 2023

Silicon Valley Bank collapsed earlier this year due to a variety of factors including an over investment into government bonds and a major run by depositors…

Chase intros Freedom credit card

June 20, 2023

JPMorgan Chase has introduced Chase Freedom Rise, a credit card for new-to-credit customers. The bank designed the card to help customers build credit, even…

IMF begins work on platform for central bank digital currencies

June 20, 2023

The International Monetary Fund is developing a platform for central bank digital currencies, which would provide cross-border transactions. In particular, it…

Scammers use bitcoin ATM to steal $30K from woman

June 20, 2023

A 76-year-old woman was reportedly scammed out of $30,000 after being convinced to deposit it in a bitcoin ATM in mid May, according to a Journal-News report.

IndusInd Bank partners with Wise to offer remittance services to India

June 19, 2023

IndusInd Bank, based in London, Dubai and Abu Dhabi,has partnered with Wise, a money management company, to offer remittance services to non-resident Indians…

Payment processing company Global Holdings appoints CEO

June 16, 2023

Global Holdings LLC, a payment processing and account management for consumer debt settlement, has appointed Steven Petrevski to serve as CEO. He replaces Kurt…

Bank of England moves closer to digital pound

June 16, 2023

The Bank of England is seeking public feedback on how to design a central bank-backed digital currency: a digital pound.

Discover Bank intros $36M fund for Delaware financial health

June 15, 2023

Discover Bank has introduced its Financial Health Improvement Fund in Delaware to support startups and technology companies that develop solutions to improve…

Carolina Foothills Federal Credit Union to offer non-sufficient funds solution

June 15, 2023

Carolina Foothills Federal Credit Union has partnered with DoubleChecks Solutions to allow members to stop payments with non-sufficient funds from being…

Bitcoin ATM operator sues sheriff for seizing cash from machine

June 14, 2023

Lux Vending, which operates BitCoin Depot cryptocurrency ATMs, has sued the McLennan County, Texas sheriff's office for seizing cash from one of its kiosks to…

Crypto.com shuts down US institutional services

June 12, 2023

Crypto.com, a cryptocurrency exchange will shut down its institutional services for U.S. customers in less than two weeks. The company claims the decision is…

Mastercard partners with Fabrick for open embedded finance

June 12, 2023

Fabrick, an open finance company, has partnered with Mastercard to deliver embedded finance solutions to aid businesses, financial institutions and fintechs in…

Why banks should embrace remote work, especially for payment testing

Financial organizations can benefit dramatically from offering flexible work options to their employees.

Bank of America, Apple execs join Chargebacks911

June 9, 2023

Chargebacks911 and Fi911, a chargeback management technology company, has appointed Guy Harris as chairman and Eric M. Hoffman as president of interbank…

Binance halts dollar deposits following SEC lawsuit

June 9, 2023

Binance, a cryptocurrency exchange, will stop U.S. dollar deposits following news of the lawsuit from the U.S. Securities and Exchange Commission. The exchange…