Payments News & Media

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.

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UK 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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NCR announces investor days for Atleos, Voyix businesses

August 22, 2023

NCR Corp. will host investor days to highlight its two companies: Atleos and Voyix, which the company will separate into in the fourth quarter of 2023.

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Coinbase expands services in Canada

August 21, 2023

Coinbase, a cryptocurrency exchange, has expanded its services in the Canadian market by providing access to Interac e-Transfers to Canadian users through a…

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Federal Home Loan Bank of Dallas delivers $1M for heir property issues

August 21, 2023

The Federal Home Loan Bank of Dallas introduced its Heirs' Property Program alongside $1 million for member institutions to help governmental and tribal…

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Regions Bank integrates bill payment into Treasury Management

August 18, 2023

Regions Bank has integrated customer billing and communications into its Treasury Management platform. With this Mastercard and Nordis Technologies-powered…

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ChargeAfter partners with Wells Fargo for POS financing

August 17, 2023

ChargeAfter, an embedding lending platform provider, has partnered with Wells Fargo Retail Services, a division of Wells Fargo Bank to deliver point-of-sale…

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Banking glitch enabled customers to withdraw money without sufficient funds

August 17, 2023

A glitch in the Bank of Ireland's app and website allowed customers to withdraw funds at an ATM that they didn't have. Customers could transfer up to $1,090.2…

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SEC approves NCR's Form 10 registration statement for Atleos

August 16, 2023

The U.S. Securities and Exchange Commission has declared effective the registration on Form 10, which relates to NCR's plan to split into two companies: Atleos…

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Coinbase partners with Trustly for open banking payments

August 16, 2023

Coinbase has partnered with Trustly to deliver its Open Banking Payments solution to Canadian customers. With this solution, Canadians can deposit and withdraw…

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Discover CEO steps down, interim CEO appointed

August 16, 2023

Discover Financial Services has announced that Roger Hochschild will step down as CEO, president and member of the board. John Owen, board member, will serve…

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NCR expands through separation into 2 companies

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

The ATM industry, typically a fairly conservative industry, has been experiencing major changes this year. One such change is NCR's separation into two…

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FDIC proposes changes for bank living will processes

August 15, 2023

The U.S. Federal Deposit Insurance Corp. proposed changes to how larger regional banks handle living wills in the event of a collapse, such as what occurred…

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Fitch warns of possible bank downgrade

August 15, 2023

Fitch Ratings has warned that banks, including JPMorgan Chase, may face ratings downgrades. It reduced its overall assessment of the banking industry's health…

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