Payments News & Media
UK to inspect sites for illegal crypto ATMs
May 16, 2023
The Financial Conduct Authority of the U.K. has announced it will inspect sites "suspected of hosting illegally operated crypto ATMs," according to a report by…
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Bank CEO pay in focus following SVB, Signature, First Republic collapses
May 16, 2023
CEO compensation is under focus, as executives from failed banks Silicon Valley Bank, Signature Bank and First Republic gained millions from the planned sales…
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Charlie intros banking services for senior citizens
May 15, 2023
Charlie, a company that offers banking services through Sutton Bank, has launched its services for the 62+ age bracket. It offers tools such as faster access…
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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…
read nowEveree 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, Connect Media
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, Connect Media
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…
read nowNCR 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…
read nowJapanese 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.
read nowRight 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…
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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:
read nowBMO 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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