Ally Bank nixes overdraft fees

June 14, 2021

Ally Bank, a digital bank division of Ally Financial Inc., has eliminated overdraft fees on all accounts. This is part of the bank's "Do it right" commitment…

MVP Financial Equipment enters distribution agreement with GRGBanking

June 14, 2021

MVP Financial Equipment Corp. has partnered with GRGBanking, an ATM, banking equipment and software provider, to distribute its products in the U.S. With this…

Bittrex partners with emerchantpay to enable digital asset purchases

June 11, 2021

Bittrex Global, a cryptocurrency exchange, has partnered with emerchantpay, a global payment provider, to allow customers to purchase digital assets with a…

Fintel Connect joins Visa Fintech Partner Connect

June 10, 2021

Fintel Connect, a performance marketing technology company for fintechs and financial services, has joined the Visa Fintech Partner Connect program. This…

Varo Bank intros Perks program

June 9, 2021

Varo Bank, a digital bank, has announced its Perks program is now available, offering 15% cashback in app from local and national merchants. Customers can earn…

Flexa intros digital currency payment tool

June 9, 2021

Flexa, an online payments provider, has launched its Pay with Flexa button to allow users to spend various digital currencies such as bitcoin at brick and…

Apexx Global appoints head of finance

June 8, 2021

Apexx Global, a global payments platform, has appointed Sandra Pavlikova to head of finance. Prior to joining Apexx, Pavlikova served as chief financial…

Mobile wallet use booming worldwide, reveals data report

June 8, 2021

Digital or mobile wallet payment was the most popular POS payment approach globally in 2020, grabbing 21.5% of transaction payment market share in 2020.

FSS upgrades prepaid multi-currency cards

June 7, 2021

Financial Software and Systems, an integrated payments solutions provider and payments processor, has enhanced its prepaid multi-currency cards to allow users…

2021 ATM, self-service software trends survey now open till June 15

June 4, 2021

The survey for the 2021 ATM & Self-service Software Trends report is now open. ATM Marketplace will reward five free passes to the upcoming Banking…

Bitcoin ATMs take center stage

by Bradley Cooper — Editor, Connect Media

Although bitcoin has taken a hit recently due in part to recent comments from Tesla CEO Elon Musk, the cryptocurrency still shows no sign of disappearing. In…

Global ATM market a mixed bag during COVID-19, report says

June 4, 2021

The global ATM market shrunk in 2020 due to COVID-19, according to RBR's upcoming report, Global ATM Market and Forecasts to 2026. At the same time, almost…

Riot Blockchain appoints executive chairman, directors

June 4, 2021

Riot Blockchain Inc., a bitcoin mining company, has appointed Benjmain Yi as executive chairman, Lance D'Ambrosia as an independent director and Hubert Marleau…

Global ATM market to reach $29.3B by 2026, report says

June 3, 2021

The global ATM market will reach a market value of $29.3 billion by 2026, according to a report by ResearchandMarkets. Key factors driving the market include…

Temenos now offering Wise for international money transfers

June 2, 2021

Temenos, a banking software company, has announced that Wise, an international money transfer company, is now live on Temenos Marketplace. With this…

NFC vs RFID: What's the difference?

by Alan Xiong — Marketing manager, Fdata Co., Ltd

In the contactless industry, we often hear people talk about the difference between near field communication, NFC, and radio frequency identification, RFID.

Adjusting to NACHA rule changes

The NACHA has updated its rules for protecting sensitive customer data for payments. Here's how to stay on top of the new regulations.

Circle appoints former Facebook Financial officer as chief compliance, risk officer

May 28, 2021

Circle, a financial technology firm that offers payments and treasury infrastructure, has appointed Mandeep Walia as its chief compliance and risk officer.

Financial tech provider Amount secures $100M in funding round

May 28, 2021

Amount, a technology provider for financial institutions, has closed a series of funding for nearly $100 million. With this round, Amount now has a post-money…

Sia intros network service to connect banks, fintechs to cloud-based payment infrastructures

May 27, 2021

Sia, a payment services and infrastructure company owned by CDP Equity, has launched its Sia Cloudnet network service to allow banks and fintechs to connect…