Payments News & Media

FDIC calls on big banks to pay for SVB collapse

May 12, 2023

The Federal Deposit Insurance Corp. has called on banks with more than $5 billion in assets to help pay depositors of the defunct Silicon Valley Bank and…

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Everee joins Visa's fintech program

May 11, 2023

Everee, a payroll technology company, has joined Visa's Fintech Fast Track program to launch the Everee Visa Pay Card. With this prepaid card, businesses can…

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Diebold Nixdorf to respond to NYSE listing notice, extends exchange offer on outstanding notes

May 9, 2023

Diebold Nixdorf Inc. received a notice on May 5 from the New York Stock Exchange that as of May 4, 2023 it was not in compliance with the NYSE's continued…

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Walgreens brings crypto-enabled ATMs to stores

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

Walgreens has deployed more than 1,300 ATMs that not only accept cash but also provide cryptocurrency purchasing/selling and mobile send/receive cash…

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Coinhub partners with CHB Holdings for bitcoin wallet

May 8, 2023

Coinhub, a bitcoin platform and cryptocurrency ATM provider, has partnered with CHB Holdings LLC to deliver the Coinhub Bitcoin Wallet, a mobile wallet on iOS…

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Is self-service killing cash?

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

Is self-service technology killing cash? Or is cash still relevant? Read more to find out.

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NCR enjoys increased revenue, net income in Q1

May 5, 2023

NCR Corp. announced revenue of $1.9 billion for the first quarter of 2023, up by 1% year-over-year and 4% on a constant currency basis. It also reported an…

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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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