Payments News & Media

Former Fed chairman wins Nobel Prize for bank research

October 11, 2022

Ben Bernanke, former chairman of the Federal Reserve, has won a Nobel Prize in Economics alongside economists Douglas Diamond and Philip Dybvig for research on…

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Corsair to sell NoteMachine UK ATM division to The Brink's Company

October 10, 2022

Corsair, a financial services investment company, has announced it will sell the UK ATM and TestLink divisions of NoteMachine Group Holdings Ltd to a…

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Rapid Finance inks acquisition of Thrive

October 10, 2022

Rapid Finance, a provider of financing solutions for small businesses, has acquired Thrive, a digital lending platform provider. Through the acquisition…

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Chase partners with DoorDash, Mastercard to launch credit card

October 7, 2022

JPMorgan Chase has partnered with DoorDash to launch a credit card, with Mastercard acting as the exclusive payments network. This DoorDash Rewards Mastercard…

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Byline Bank to offer blockchain-based payments

October 6, 2022

Byline Bank, a Chicago-based financial institution, has partnered with Tassat Group Inc. to deliver TassatPay, a blockchain-based payments platform, for…

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Banc of California to acquire Global Payroll Gateway

October 5, 2022

Banc of California Inc., the parent company of Banc of California N.A., has acquired Global Payroll Gateway Inc. and its subsidiary Deepstack Technologies LLC…

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Bitcoin ATM growth experiences 1st dip

October 5, 2022

Bitcoin ATMs experienced the first dip in the history of the device with the number falling to 37,980 in September, compared to 38,776 in August — a drop of…

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Credit Suisse hits record low stock prices following scandals

October 4, 2022

Credit Suisse took a major hit to its stock price Monday as it hit a record low of $3.64. The drop was due to market concerns over the bank, particularly after…

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Women's Network in Electronic Transactions to rebrand as PayTech Women

October 3, 2022

Women's Network in Electronic Transactions, a nonprofit supporting women in the payments and fintech industry, will rebrand as PayTech Women. It will continue…

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Visa exec talks the future of banking, ATM evolution

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

Clinton Cheng, VP, global head of Visa/PLUS ATM Network, took a deep dive into banking during the closing keynote at the Bank Customer Experience Summit.

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KeyBank updates consumer lending

September 30, 2022

KeyBank has partnered with Oracle to update its non-real estate consumer lending process. The bank will use Oracle Banking Originations to service loan…

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Fifth Third Bank intros service for mortgage bankers

September 29, 2022

Fifth Third Bank has launched Mortgage Warehouse Finance to support independent mortgage bankers. The service will originate or aggregate residential mortgage…

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KeyBank intros services to help clients avoid overdraft fees

September 28, 2022

KeyBank has introduced its Key Coverage Zone, which will eliminate overdraft fees for customers that overdraw their accounts by $20 or less. In addition, the…

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Delivering a first-class omnichannel banking experience

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

Banks have struggled to create omnichannel experiences. A panel entitled "Delivering an effective omnichannel experience to boost the customer's experience…

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Banks boost prime lending rates to highest rate since 2008 crisis

September 27, 2022

Banks have boosted their prime lending rates to the highest level since just prior to the financial crisis of 2008, following the Federal Reserve's decision to…

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JP Morgan partners with Cleareye.ai to power trade finance

September 26, 2022

JP Morgan has partnered with Cleareye.ai, an AI and machine learning intelligent platform provider, to drive trade finance innovation.

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Future proof your ATM portfolio by selling merchant services

by Yonas Marcos — President & CEO, Star Financial

One of the best ways to combat dips ATM revenues is to expand your portfolio to include forms of retail payment beyond cash. Selling merchant services allows…

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How banks can measure return on experience

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

Everyone is familiar with return-on-investment, but at times that may not be the best or only thing a bank or company should measure. A panel at the Bank…

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DailyPay, Visa intro prepaid card and app

September 23, 2022

DailyPay, a fintech company, has partnered with Visa and Bancorp Bank to launch Friday, a general purpose reloadable prepaid card and app, which provides…

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Regions Bank intros early pay, protection line of credit

September 22, 2022

Regions Bank has introduced its Early Pay feature, which allows customers with direct deposit with a checking, savings, money market or Now Card to receive…

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