Payments News & Media
Markets butt heads with central banks
February 6, 2023
Markets are fighting with central banks — bullish markets are boosting prices as central banks try to fight inflation. While the Federal Reserve raised…
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Finding the right exit strategy for independent ATM deployers
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
Larger companies are snatching up independent ATM deployers. What market forces are driving this consolidation and how can IADs find the best exit strategy?
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USAA Bank removes ATM fees, adds early paycheck feature
February 3, 2023
USAA Federal Savings Bank has eliminated its out-of-network ATM fee for its 9 million members. In addition, the bank will now offer members access to paychecks…
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Paramount acquires First National ATM
February 1, 2023
Paramount Management Group LLC, an ATM operator and solutions provider, has acquired First National ATM, which will increase its footprint by more than 1,00…
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Global payment-as-a-service market to surpass $45B
February 1, 2023
The global payment-as-a-service market will reach $45.84 billion by 2030, according to data from ResearchandMarkets.com. It will grow at a compound annual…
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Hyosung unveils brand Innovue
January 31, 2023
Hyosung America has unveiled its Hyosung Innovue brand identity. This brand will focus on delivering better experiences for customers in the ATM, cash…
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Klarna intros Money Story to offer spending information
January 31, 2023
Klarna Bank AB, a fintech company based in Sweden, has introduced Money Story in its U.S. app to offer users a spending summary of 2022. With this tool…
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Central banks buy most gold in 55 years
January 31, 2023
Central banks loaded up gold in 2022, a total of 1,136 tons or $70 billion. This represents the largest gold purchase since 1967, according to a report by…
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Bank of America invests $150M into affordable housing
January 30, 2023
Bank of America will invest up to $150 million in equity for more than 3,000 affordable homes for middle-income households. The bank will work with Enterprise…
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Bitstop shakes up bitcoin ATM space with Genesis Coin acquisition
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
The ATM industry is no stranger to high profile acquisitions and the bitcoin side of the industry has joined the trend. Bitstop, a bitcoin ATM provider, has…
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Grupo Coppel expands financial services to US
January 26, 2023
Grupo Coppel, the largest department store operator in Mexico and a banking network, will expand its financial services into the U.S. with its Coppel Access…
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Bitstop founders buy world's largest bitcoin ATM software provider
January 24, 2023
Andrew Barnard and Doug Carrillo, co-founders of Bitstop, have purchased Genesis Coin Inc., the largest bitcoin ATM software platform. Bitstop and Genesis Coin…
read nowInventHelp intros credit/debit card insert/remove solution
January 24, 2023
InventHelp has introduced a patent-pending invention called the Mattox Card Puller to allow users to more safely insert and remove a credit or debit card from…
read nowCardWorks acquires Dataline Systems
January 23, 2023
CardWorks Servicing LLC, an outsourcing support services for credit cards and installment loan products, has acquired Dataline Systems LLC, a business process…
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Fintech partnerships to lead the way in 2023
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
While initially seen as rivals, banks now view fintechs as partners to build innovative financial tools customers want, while still retaining the trust of a…
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Smart finance market to reach $30M by 2031, independent ATM deployers to see highest growth
January 20, 2023
The smart finance hardware market will grow from $16 million in 2021 to $30 million by 2031, according to research from Allied Market Research. It will grow at…
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Cannabis payments platform CanPay expands to 1K locations
January 20, 2023
CanPay, a payments network for cannabis merchants, is now available at more than 1,000 locations in 31 states. With its app, customers can purchase cannabis…
read nowAtlantic Union to transfer stock, shares to New York Stock Exchange
January 19, 2023
Atlantic Union Bankshares plans to transfer the listing of common stock and depositary shares to the New York Stock Exchange. This represents a one in 400th…
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TD Bank extends naming rights deal for Boston's TD Garden
January 19, 2023
TD Bank has extended its naming rights agreement with Delaware North for TD Garden, a sports and entertainment arena in Boston. The arena will keep the name…
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Wescom Credit Union to offer green vehicle loan discount
January 18, 2023
Wescom Credit Union, based in Southern California, will offer a discount for green vehicle loans at 0.25% APR, according to a press release.
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