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Payments News & Media

Nymbus automates COVID-19 payroll relief for banks to small business

March 30, 2020

Nymbus will help financial institutions process paycheck protection loans from the U.S. Small Business Administration, which will allow companies to maintain…

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Cash handling, digital payments spark debate amid COVID-19 pandemic

by David Jones — Editor, Networld Media Group

The coronavirus pandemic has raised a number of concerns about whether consumers would shift towards digital payments amid concerns about cash handling and…

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MoneyGram to offer discounts for customer referrals

March 13, 2020

MoneyGram International Inc. has launched a program that will reward customers with discounts for referring new customers. 

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Fiserv postpones investor conference, boosts guidance on First Data synergies

March 11, 2020

Fiserv Inc. will postpone its March 25th investor conference in New York until later this year amid heightened concerns about the coronavirus outbreak. The…

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Robinhood to offer case-by-case compenstion after trading app outages

March 3, 2020

Robinhood has recovered from a prolonged series of outages this week during one of the most volatile trading periods in U.S. history. The trading app was down…

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Fiserv acquires MerchantPro Express

March 3, 2020

Fiserv Inc. announced the acquisition of MerchantPro Express, a deal that will expand the company's merchant services business. 

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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…

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Red 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. 

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Cardtronics 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…

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Nippon 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, Connect Media

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…

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Intercard 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…

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Galileo 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…

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Bitcoin 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.

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