Payments News & Media
Travelex introduces foreign currency ATM
August 16, 2022
The Travelex kiosk is located at Heathrow's Terminal 5. Travelex Ltd., a foreign currency exchange provider, has launched a foreign currency ATM…
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Consumers dive into 'Buy now, pay later'
by Maeghen Krueger — Director, Strategic Services, The Lacek Group
Buy now, pay later (BNPL), more than a just a modern version of layaway, is trending with consumers and gaining traction with major brands, retailers and…
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Wells Fargo to reduce mortgages
August 16, 2022
Wells Fargo, once the top bank for mortgages, plans to roll back its efforts in the space. It will likely begin this strategy by cutting ties to outside…
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Don't miss out on banking insights at the Bank Customer Experience Summit
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
Financial industry leaders will gather at the Bank Customer Experience Summit in Chicago from Aug. 31 to Sept. 1 to hear from thought leaders on the pressing…
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Bank of America sees positive signs in spending data
August 12, 2022
The Bank of America Institute has found that despite recession fears, consumer spending remains healthy. Its report found total payments increased 7% year over…
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KeyBank partners with Quavo to automate credit card dispute
August 12, 2022
KeyBank has partnered with fintech Quavo Fraud & Disputes to deploy the QFD automated dispute management platform to automate credit card charge disputes.
read now1st Security Bank partners with LoanStar to offer loan application portal
August 10, 2022
1st Security Bank has partnered with LoanStar Technologies, a fintech, to offer a loan application portal for home improvement contractors. The portal will…
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Report: Gen Z, millennial customers switch banks due to location, fees
August 10, 2022
Gen Z and millennial customers often switch banks due to both location issues and fees, according to a study from Brooks Bells. In fact, one-fourth of…
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Putin gives Russian banks go ahead to suspend foreign currency operations amid sanctions
August 9, 2022
President Vladimir Putin of Russia recently gave Russian banks approval to suspend operations in foreign currencies, due to sanctions. Since the Russian…
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SmartMetric adds energy harvesting tech to biometric card
August 5, 2022
SmartMetric, a trademark of EMVCo, has unveiled energy harvesting technology to its card power system for contactless payments. The technology uses energy from…
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Crypto ATMs return to Japan
August 5, 2022
Cryptocurrency ATMs are returning to Japan, after a four-year hiatus. Gaia Co. Ltd. is deploying ATMs that will offer bitcoin, ether, Bitcoin Cash and…
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Diebold Nixdorf takes Q2 2022 revenue hit
August 3, 2022
Diebold Nixdorf Inc. suffered a Q2 2022 revenue hit primarily due to the foreign currency translation impact of the declining value or the Euro in comparison…
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Jack Henry partners with Victor Technologies to offer payments solutions
August 2, 2022
Jack Henry & Associates Inc. has partnered with Victor Technologies Inc., a subsidiary of MVB Edge Ventures Inc. and a part of MVB Bank Inc., to offer…
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How ATMs deliver remittances
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
The remittance market is growing rapidly and ATMs are playing an important role.
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Global Payments to acquire EVO Payments
August 1, 2022
Global Payments Inc., a worldwide provider of payment technology and software solutions, has agreed to acquire EVO Payments Inc., a global provider of payment…
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Elderly Michigan couple loses $350K in Bitcoin ATM scam
August 1, 2022
An elderly couple in Traverse City, Michigan lost $350,000 due to Bitcoin ATM fraud. An individual claiming to be Apple support called them and told them to…
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Innovation the big headline at Bank Customer Experience Summit
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
The banking industry has had to make significant adjustments in recent years in response to both the COVID-19 pandemic and changing economic and customer…
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Banks boost prime lending rate
July 29, 2022
Citizens Financial Group, Regions Bank and Fifth Third Bank have all increased their prime lending rate to 5.50%, according to multiple press releases.
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NCR improves Q2 2022 sales, earnings
July 28, 2022
NCR Corp. lifted its Q2 2022 revenue by nearly 20% against the prior year period, posting gains in nearly all business segments, according to an earnings…
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First Community Credit Union to offer bitcoin purchasing, selling
July 27, 2022
First Community Credit Union, based in Houston, Texas, has partnered with NYDIG, a bitcoin company, to offer a solution for customers to buy, sell and hold…
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