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Payments News & Media

NCR appoints CEO-designates for planned separation into 2 companies

May 5, 2023

NCR Corp. has appointed CEO-designates Tim Oliver, current senior EVP and CFO, and David Wilkinson, EVP and president of NCR Commerce, for SpinCo and RemainCo…

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Japanese MUFG Bank to end 24-hour ATM operation

May 5, 2023

MUFG Bank, based in Japan, announced it will limit the hours of its ATMs by the end of 2023 as a cost-cutting measure for 98 locations across Japan. The bank…

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Travelex expands ATM service in UK airports

May 5, 2023

Travelex, a foreign currency exchange company, has expanded its ATM click and collect service in the Heathrow, Birmingham and Manchester airports in the U.K.

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Right to Repair

The Right to Repair means you're actually in the driver's seat when it comes to selecting & partnering with an independent service provider or even choosing to…

Presented by Burroughs, Inc.

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Corvallis partners with Finastra to deliver Italian banking digital transformation

May 4, 2023

Finastra, a financial software provider, has partnered with Corvallis, an IT company, and Tinexta Group, a cybersecurity provider, to provide digital…

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Diebold Nixdorf lifts Q1 2023 sales, improves loss

May 3, 2023

Diebold Nixdorf Inc. raised its Q1 2023 sales and improved its loss over the prior year period, according to an earnings report. Highlights include:

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BMO announces $1M commitment to affordable housing

May 3, 2023

BMO will donate $1 million for affordable housing and health equity in California. The bank will donate $500,000 each to Enterprise Community Partners and…

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Apple sees nearly $1B in deposits for savings account

May 3, 2023

Apple has reportedly gained nearly $990 million in deposits in just four days in its high-yield savings account, which offers a 4.15% interest rate, according…

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Financial expert Michael Milken: Banking collapses present 'no financial crisis'

May 3, 2023

The recent collapse of Silicon Valley Bank, Silvergate Bank and First Republic, with the later purchased by JPMorgan Chase this week, has raised questions…

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JPMorgan Chase acquires First Republic Bank

May 3, 2023

Regulators recently seized First Republic Bank and sold the majority of its assets to JPMorgan Chase. The bank lost $100 billion in deposits in March, as…

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How and why bitcoin ATMs help the underbanked

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

Do bitcoin ATMs helped the unbanked and underbanked? And what role do regulations and cash usage play?

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FDIC calls on Congress to increase deposit insurance limits

May 2, 2023

The Federal Deposit Insurance Corp. has proposed boosting the deposit insurance limits for business payment accounts, according to a Yahoo! Finance report.

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Chase, Amazon expand Visa card benefits

May 2, 2023

JPMorgan Chase and Amazon are adding benefits and features to their Visa card portfolio, which have been renamed to Prime Visa and Amazon Visa. Cardholders for…

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Chicago man discovers ATM skimming device at Walgreens

May 1, 2023

Eric Newbery, a Chicago resident, recently discovered an ATM skimming device at an ATM at a Lakeview Walgreens location. He removed the skimmer from the ATM…

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Greenwood announces General Access digital banking

April 27, 2023

Greenwood, a digital banking platform specifically for Black and Latino individuals and businesses, has introduced its General Access platform, which delivers…

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5 Ways Automated Testing Software Increases Efficiency

Despite the chaotic state of global affairs and predictions of an economic recession, the most successful financial services providers will continue their…

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Investigators arrest 2 men for alleged $11K ATM skimming theft

April 26, 2023

Investigators have arrested two men for allegedly stealing $11,000 with ATM skimming throughout the Florida Panhandle. They claim the men used at least 4…

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SWBC partners with equipifi to deliver buy-now-pay-later to banks

April 25, 2023

SWBC, a financial services company, has partnered with fintech equipifi to provide financial institutions with a buy-now-pay-later solution. With this…

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JPMorgan partners with Sharegain to improve securities agency lending

April 25, 2023

Sharegain, a lending fintech, has partnered with JPMorgan's Securities Services business to deliver its SLTech solution for securities agency lending. With…

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First Republic Bank saw $100B in withdrawals

April 25, 2023

First Republic Bank saw a large increase in withdraws, as customers pulled out more than $100 billion from their accounts in the first three months of 2023 due…

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