Payments News & Media
FNB expands credit to communities of color
February 10, 2023
F.N.B. Corp. has announced its Special Purpose Credit Program, which will offer credit to communities of color. Initially it will offer up to $3 million in…
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Diebold Nixdorf reports Q4 FY 2022 sales, earnings declines
February 9, 2023
Diebold Nixdorf Inc. suffered sales and earnings declines in Q4 2022, but reported an end-of-year backlog of about $1.4 billion and contract base growth in…
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Cantaloupe lifts Q2 2023 sales, widens loss
February 8, 2023
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, lifted its revenue…
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NCR reports Q4 2022 revenue loss, FY gain
February 8, 2023
NCR Corp. reported a revenue and income dip for Q4 2022, while full year results were mixed, according to a press release.
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E-Squared Systems intros remote hosting service for kiosks, ATMs
February 7, 2023
E-Squared Systems Inc., a fintech company, has introduced a remote hosting service for financial self-service terminals utilizing the ATM Industry…
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Intuit study reveals Gen Z doesn't want to talk about finances
February 7, 2023
Gen Z would rather discuss topics such as politics and sex rather than their finances, according to a study from Intuit, a financial technology platform…
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Travelex intros product to secure exchange rates
February 7, 2023
Travelex, a foreign currency exchange solutions provider, has introduced a product for U.K. customers to secure their exchange rate ahead of time. If they pay…
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Cash isn't dead
by Daniel Brown — Editor, Networld Media Group
Despite the rise of cashless and contactless payment in recent years, cash is far from dead, according to a panel of experts convened at December's Self…
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Roth Capital inks acquisition of MKM Partners
February 6, 2023
Roth Capital Partners LLC has completed its acquisition of MKM Partners LLC, which will conduct business as Roth MKM. The investment company will employ 6…
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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, Connect Media
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, Connect Media
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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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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