Payments News & Media
Litecoin Foundation partnering with MeconCash on e-commerce, ATM access
February 28, 2020
Litecoin Foundation is partnering with MeconCash to integrate Litecoin into its MPay platform, a deal that will allow the the digital currency to be used for…
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Self-service retailers comfortable with biometrics and privacy rights
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Technology providers using biometric identification believe they can comply with stringent consumer protection laws despite some recent lawsuits.
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Loomis acquires Finnish ATM, cash-handing firm
February 26, 2020
Loomis AB acquired Finnish cash management and ATM firm Automatia Pankkiautomattit Oy (Automatia) for 42 million euros ($45.6 million), which includes…
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Fiserv sees surge in bank, credit union participation in Turnkey Service for Zelle
February 24, 2020
Fiserv Inc. said that almost 600 banks and credit unions have joined P2P money transfer services through its Turnkey Service for Zelle business, with more than…
read nowRed River partners with CO-OP Financial on processing, ATMs ahead of services rollout
February 19, 2020
Red River Credit Union has partnered with CO-OP Financial Services for debit and full-service credit processing and participation in the CO-OP ATM network.
read nowCardtronics enables cash balance reloads for Amazon customers
February 18, 2020
Cardtronics, the largest ATM operator in the world, announced that Amazon customers can load cash onto their Amazon cash balances at up to 400 of its ATM sites…
read nowNippon Platform, Hana Bank partner on international digital payments hub
February 17, 2020
Nippon Platform Co. and South Korea-based Hana Bank have partnered to expand Hana Financial Group's global alternative payment hub, called Global Loyalty…
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TD Bank tackles evolving retail payments, POS and cash
by Judy Mottl — Editor, RetailCustomerExperience.com & DigitalSignageToday.com
Mike Rittler, general manager of retail card services and personal lending at TD Bank, shares his insight on trends, transformative innovation and how the…
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Contactless payments tripling by 2024
February 11, 2020
Juniper Research reports that contactless payments will triple to $6 trillion worldwide by 2024, from about $2 trillion this year, as OEM mobile wallet…
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As ATM industry gathers in Houston, major innovations and challenges impact business
by David Jones — Editor, Networld Media Group
As the ATM industry gathers in Houston for the ATMIA U.S. Conference 2020, industry experts say there are a number of issues that are impacting the industry…
read nowIntercard introduces Blockbuster iTeller
February 10, 2020
Intercard Inc. recently introduced its Blockbuster iTeller designed for the growing numbers of family entertainment centers that have cinemas, according…
read nowGalileo opens Mexico City office to serve growing LatAm fintech market
February 7, 2020
Galileo Financial Technologies Inc., which backs many fintech and financial institutions, has opened an office in Mexico, reflecting the company's interest in…
read nowBitcoin Depot grows deployment to 500 ATMs nationwide
February 6, 2020
Bitcoin Depot, a multi-currency cryptocurrency ATM network, announced an expansion to 500 ATMs worldwide, making it the largest blockchain ATM network across…
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Visa gains on holiday e-commerce, retail spending
by David Jones — Editor, Networld Media Group
Visa reported strong earnings during the fiscal first quarter, fueled by solid e-commerce and retail spending that offset weaker travel and restaurant spending.
read nowFiserv providing payments technology for Hong Kong's ZA Bank pilot
February 6, 2020
Fiserv Inc. and ZA Bank, the first virtual bank to launch a Hong Kong-based pilot program, said ZA is using Fiserv's VisionPlus global payment software to…
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SoFi partners with Bancorp Bank on cash management account
February 5, 2020
The Bancorp Bank announced a partnership with digital personal finance startup SoFi to provide back-end banking services and be the exclusive card issuer for…
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Fiserv adds 50 banks, credit unions to merchant services since First Data merger
February 5, 2020
Fiserv Inc. said that more than 50 financial institutions that use its core processing platforms have added merchant solutions to their portfolio between its…
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Crane Payment acquires currency-handling firm Cummins Allison
February 4, 2020
Crane Payment Innovations, a banknote validation, cashless payments and developer of asset management software, has acquired Cummins Allison, a provider of…
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Remitly launches digital banking service for immigrant communities
February 3, 2020
Remitly, a Seattle-based digital money transfer company, has launched Passbook by Remitly, a mobile banking service designed for immigrant communities, with no…
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PayPal acquisitions squeeze earnings outlook
by David Jones — Editor, Networld Media Group
PayPal shares fell Thursday after the company warned that a slew of recent acquisitions would put a slight dent in near-term forecasts. The payments firm has…
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