Payments News
BTIG brings on energy investment manager
October 18, 2024
BTIG, a financial services firm, appointed Sumon Chaudhuri as a managing director of its energy, infrastructure and transportation investment banking group.
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Bank of America intros family banking solution
October 17, 2024
Bank of America recently introduced its SafeBalance Banking for Family Banking to help parents teach their children good financial habits. With this account…
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Chime's SpotMe surpasses $30B in overdraft protection
October 17, 2024
Chime's overdraft protection solution SpotMe has covered more than $30 billion in transaction protection since launching in 2019. With this solution, customers…
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Mastercard to offer instant payments in South Africa
October 15, 2024
Mastercard has announced it will provide instant card payments in South Africa. With this service, merchants can receive payouts faster, which in turn approves…
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CoreFirst Bank & Trust joins NCR Atleos' Allpoint Network
October 8, 2024
CoreFirst Bank & Trust, based in Topeka, Kansas, has joined NCR Atleos's surcharge free Allpoint Network of ATMs. With this partnership, CoreFirst's…
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Bank of America intros B2B payment solution
October 8, 2024
Bank of America launched Virtual Payables Direct for B2B payments. With this tool, businesses can pay suppliers via a card transaction or direct bank transfer…
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RockitCoin launches in Australia
October 7, 2024
RockitCoin, a bitcoin ATM operator, launched in Australia. It plans to install bitcoin ATMs in the country to meet the Australian demand for cryptocurrency…
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Mantl intros deposit origination solution for credit unions
October 1, 2024
Mantl, an account origination solutions provider, introduced its Business Deposit Origination solution for credit unions. With this tool, businesses can open…
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Citizens to deliver $10M for workforce development
September 26, 2024
Citizens will raise $10 million for the next two years for workforce development programs. This funding will support nonprofits to provide educational and…
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Axway acquires Sopra Banking Software
September 20, 2024
Axway, an API software company, has acquired Sopra Banking Software. With this acquisition, Axway is positioned as a major enterprise software publisher in…
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Cognitive Credit raises $10M in funding round
September 18, 2024
Cognitive Credit, a data and analytics software provider for credit markets, raised $10 million in a funding round led by ETFS Capital. It will use these funds…
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Bank of America increases minimum wage to $24
September 16, 2024
Bank of America recently announced it increased its minimum wage to $24 hourly, with the plan to reach $25 by 2025. This applies to all part and full-time…
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First Citizens Bank delivers $145M for renewable energy projects
September 13, 2024
First Citizens Bank announced that its Energy Finance business delivered $145 million to finance renewable energy projects with Linea Energy LLC. The financing…
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Sorting cash machine market to reach $2.13B
September 12, 2024
The cash sorting machine market will grow from $1.65 billion in 2023 to $2.13 billion by 2029, at a compound annual growth rate of 4.37%, according to research…
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BMO expands ‘Zero Barriers to Business’ programs for Asian, LGBTQ+, veterans
September 11, 2024
BMO Financial Group expanded its Zero Barriers to Business programs for Asian, LGTQ+ and veteran-owned businesses. These programs offer access to working…
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Calque intros 'buy before you sell' program for homeowners
September 10, 2024
Calque, a fintech company, introduced the Contingency Buster, a "buy before you sell" solution for homeowners. With this tool, homeowners can use Calque's…
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Bitcoin ATMs see 600+ decrease in Q3 2024
September 6, 2024
In the first two months of the third quarter 2024, more than 600 bitcoin ATMs went offline, with 435 going down in July and 182 in August. One reason for this…
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Keys to provide Visa card for locksmith professionals
September 6, 2024
Keys Inc., a locksmith service company, announced its Keys Visa Spend Card, which will provide instant payments for locksmith professionals. All transactions…
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Federal Home Loan Bank of Chicago increases funding to housing counseling program
September 4, 2024
The Federal Home Loan Bank of Chicago increased its funding by $1.5 million to the Community First Housing Counseling Resource Program. This program has given…
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CoinFlip expands into Mexico
August 30, 2024
CoinFlip, a digital currency platform, has expanded into Mexico with its bitcoin ATMs. In particular, customers can find CoinFlip's ATMs in Mexico City in more…
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