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Payments News & Media

Cash logistics market to reach $15B

July 7, 2022

The cash logistics market is expected to reach $15.84 billion from 2020 to 2025, growing at a compound annual growth rate of 10% according to a press release…

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Bank of London partners with SAP Fioneer for transaction banking, clearing

July 7, 2022

The Bank of London has partnered with SAP Fioneer, a financial services software provider, to offer an integrated global clearing and transaction banking…

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FinCEN clarifies banks' risk based approach for independent ATMs

July 6, 2022

The Financial Crimes Enforcement Network of the U.S. Department of Treasury has issued a statement to provide clarity to banks on how to apply a risk-based…

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Bitcoin Depot intros BDCheckout to load cash onto digital wallets

July 6, 2022

Bitcoin Depot, a Bitcoin ATM operator, has launched BDCheckout, which allows customers to put cash onto their digital wallets, and then use to purchase…

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Facebook parent Meta to shut down Novi cryptocurrency wallet

July 5, 2022

Meta, the parent company of Facebook, is shutting the Novi cryptocurrency wallet in September. The company introduced the wallet in June 2019 to hold its Libra…

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Veritas Capital cited as possible NCR suitor

July 1, 2022

Veritas Capital, a private equity firm, is among the players taking a look at acquiring NCR Corp., according to a Deal Reporter report cited by Seeking Alpha.

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Bipartisan Senate effort introduces bill for cash payment choice

June 30, 2022

U.S. Senators Bob Menedez (D-New Jersey) and Kevin Cramer (R-North Dakota) have reintroduced the Payment Choice Act, which would ensure retail organizations…

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Metropolitan Commercial Bank hires on SVP, chief digital officer

June 29, 2022

Metropolitan Commercial Bank has hired Jean-Philippe Gerbi to serve as senior vice president and chief digital officer. In this role, he will oversee the…

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Citizens unveils early paychecks, eliminates non-sufficient funds fees

June 29, 2022

Citizens Financial Group Inc. is debuting a Paid Early tool to allow customers to get paychecks several days in advance. It also plans to eliminate all…

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CULA partners with UNIFY Federal Credit Union on vehicle leasing program

June 28, 2022

Credit Union Leasing of America is partnering with UNIFY Financial Credit Union to launch an indirect vehicle leasing program in Southern California, according…

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How to make Bitcoin ATMs more user friendly

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

Recently ATM Marketplace published a series on the experience of purchasing and selling bitcoin at a variety of Bitcoin ATMs. While the experience was…

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RBC partners with Envestnet to give customers access to more than 1,500 financial apps

June 23, 2022

RBC Royal Bank is partnering with Envestnet Yodleee, a data aggregation and analytics platform, to allow its customers to access more than 1,500 third party…

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Ripple partners with Lunu to provide cryptocurrency payments

June 21, 2022

Lunu, a German-based technology company for retail, has partnered with Ripple, a blockchain and cryptocurrency solutions provider, to allow luxury retailers to…

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Report: Banks dropping the ball on Zelle fraud, theft

June 21, 2022

When a robber stole Argelys Oriach's iPhone and made more than $8,000 in transfers using money apps including Zelle, the Brooklyn resident contacted his bank…

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CoinFlip expands cryptocurrency trading desk to Nevada

June 20, 2022

CoinFlip, a cryptocurrency services company, has expanded its Trade Desk for over-the-counter cryptocurrency trading to Nevada. With this expansion, Trade Desk…

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Bank of America study finds 9% increase in credit, debit card spending

June 20, 2022

The Bank of America Institute is reporting that aggregated credit and debit card spending for customers was up 9% in May year-over-year, according to its…

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SECU achieves more than $5B in assets

June 16, 2022

SECU, the largest state-chartered credit union in Maryland, has surpassed more than $5 billion in assets.

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Blackhawk Network partners with LibertyX to enable bitcoin purchases

June 15, 2022

Blackhawk Network, a payments solutions provider, has partnered with LibertyX to allow customer to purchase bitcoin at participating merchants such as Tops…

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The Bank of Missouri partners with Visa to offer credit card issuing

June 15, 2022

The Bank of Missouri has partnered with Corserv and Visa to offer a program for community banks to issue their own credit cards without adding additional staff…

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Industry coalition urges Congress to pass Payment Choice Act

June 14, 2022

The Consumer Choice Payment Coalition has urged members of the U.S. House of Representatives to pass the Payment Choice Act, HR 2534, also known as the Federal…

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