Payments News
Bank of America's CashPro app sees $500B+ payment approvals
August 1, 2024
Bank of America's CashPro App saw more than $500 billion in corporate payment approvals so far in 2024. This is a nearly 40% increase year-over-year and is on…
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7-Eleven to deploy ATMs in Malaysia
July 31, 2024
Seven Bank, the banking arm of the Japanese parent chain of 7-Eleven plans to add more ATMs in Southeast Asia, particularly in Malaysia. This expansion is due…
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TerraPay enables bank mobile payments with Swift
July 30, 2024
TerraPay, a money transfer company, announced that banks can send money to more than 2.1 billion mobile wallets through its integration with Swift.
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Ukraine cyberattack shuts down Russian bank ATMs
July 29, 2024
Ukraine recently launched a cyberattack against Russian banks, which successfully shut down ATMs in banks including VTB Bank, Alfa-Bank, Sberbank, iBank and…
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BankservAfrica partners with UnionPay for transaction support in Africa
July 24, 2024
BankservAfrica, a clearing house in Africa, partnered with UnionPay International for e-commerce transactions for UPI cardholders in Africa. Through this…
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ChargeAfter partners with Snap Finance for POS financing
July 23, 2024
ChargeAfter, a point-of-sale financing company, partnered with Snap Finance, a pay-over-time financing provider to offer subprime lending coverage for…
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Capital One announces $265B community benefits plan alongside Discover acquisition
July 19, 2024
Capital One Financial Corp. announced that it will deliver more than $265 billion for philanthropy, investment and lending over the next five years. This is…
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Mastercard partners with Ecommpay for Click to Pay
July 18, 2024
Ecommpay, a payments platform, partnered with Mastercard to deliver Click to Pay for merchants. With this tool, merchants can tokenize customer card details…
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Discover intros Balance+ overdraft protection for debit card
July 16, 2024
Discover introduced Balance+ for its Cashback Debit Checking, which provides overdraft protection for debit card purchases. With this feature, customers can…
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Cash logistics market to grow by $24B
July 16, 2024
The cash logistics market will grow by $24 billion from 2024 to 2028, according to research from Technavio. It will also grow at a compound annual growth rate…
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Chevron Federal Credit Union deploys digital lending platform
July 15, 2024
Chevron Federal Credit Union, based in California, deployed Blue Sage Solutions' Digital Lending Platform to improve the customer experience. It also…
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Bank of America launches intelligent transaction search via CashPro
July 15, 2024
Bank of America recently integrated an intelligent transaction search into its banking platform CashPro. With this tool, companies can gain details into its…
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Card91 intros credit line management system Nimbus
July 12, 2024
Card91, a payments technology provider, launched Nimbus, a credit line management system with UPI Stack. With this solution, banks can design credit scheme…
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Andrews Federal Credit Union partners with Blend for deposit account opening solution
July 11, 2024
Blend partnered with Andrews Federal Credit Union, based in Maryland, to improve its deposit account opening experience. The company will provide an…
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NCR Voyix reportedly considering selling digital banking unit
July 9, 2024
NCR Voyix is reportedly considering selling off its digital banking unit, which generates 20% of its annual revenue. Goldman Sachs, TPG and Warburg Pincus are…
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Keybank delivers more than $2M in home buyer credits
July 9, 2024
Keybank funded more than $2 million in Home Buyer Credits for a total of 442 customers since launching the program in September 2022. This program provides…
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Fifth Third surpasses goals in environmental, community commitments
July 8, 2024
Fifth Third Bank surpassed its goals for environmental and community investment programs in 2023, according to its 2023 Sustainability Report. In particular…
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Big US banks pass stress tests, will increase dividends
July 1, 2024
Multiple big U.S. banks passed their annual stress tests with the Federal Reserve, which show they have enough capital to withstand major market upsets. As a…
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Blockchain tech company Polymesh appoints CEO
July 1, 2024
Polymesh Association, a tokenization and blockchain technology company, appointed Bill Papp as CEO and executive director. He previously served as CEO and…
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U.S. Bank adds Treasury4 to partnership network
June 26, 2024
Treasury4, a treasury tool provider, joined the U.S. Bank Connected Partnership Network. With this online marketplace of third-party payment and treasury…
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