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Payments News & Media

Newzip partners with Apple Federal Credit Union to deliver improved mortgage experience

June 30, 2023

Newzip, a real estate solutions provider, has partnered with Apple Federal Credit Union, based in Virginia, to deliver its agent matching and cash reward…

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Banks pass Fed stress test

June 30, 2023

The Federal Reserve ran a stress test on 23 U.S. banks and all passed. The test assesses if banks would have enough capital to absorb losses and continue…

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Westpac to adjust ATM withdrawal limits

June 29, 2023

Westpac, a bank based in Australia, announced it will allow customers to set a cash withdrawal limit on their cards above or below $1,000 with a maximum of…

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Xerof intros $100M bitcoin active managed certificate

June 29, 2023

Xerof, a Swiss cryptoasset financial services company, has introduced bitcoin-backed active managed certificates. With these certificates, users can invest…

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Paysend partners with RemotePass for payments to workers

June 28, 2023

Paysend, a card-to-card payments company, has partnered with RemotePass, a payroll platform provider, to offer global payouts to international workers in 8…

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Indian digital bank Kotak811 intros financial freedom campaign

June 28, 2023

Kotak811, a digital bank based in India, has launched its Finance ka+1 campaign, which aims to help young people gain financial freedom. The campaign will…

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Which payments businesses accept matters

While technology-driven forms of payment such as credit cards, debit cards and mobile wallets have become more available over the past few years, consumers…

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Quant releases blockchain platform used in Bank of England's CBDC project to the public

June 27, 2023

Quant, a blockchain technology provider, launched its Overledger Platform to the public as software-as-a-service.

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Majority of countries see ATM recovery post-COVID

June 27, 2023

The ATM market has grown in more than half of 180 countries analyzed in RBR's Global ATM Intelligence Service report. The number of ATMs has reached or…

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NCR to spin off ATM business

June 26, 2023

NCR Corp. has filed its Form 10 registration statement with the U.S. Securities and Exchange Commission for its spin off of its ATM business. This is part of…

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Ventus to co-host Cash in the USA 2023 in Nashville

June 23, 2023

Ventus, a managed networking provider for ATMs and ITMs, will co-host Cash in the USA 2023 being held Oct. 3 in Nashville, Tennessee along with CMS Analytics.

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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…

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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…

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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…

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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…

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What's going on with Binance, Coinbase?

by Bradley Cooper — Editor, Connect Media

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

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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…

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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…

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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…

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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.

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