Payments News
Digital Wallet to acquire money transfer service from Seven Bank
February 14, 2024
Digital Wallet Corp., a fintech company, has acquired Seven Bank Ltd.'s international money transfer service Seven Global Remit Ltd. With this acquisition…
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BMO extends Agent IQ partnership for live chat online trading
February 13, 2024
BMO has expanded its partnership with digital relationship banking provider Agent IQ to launch Bili, a digital tool for BMO's online trading platform…
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Union Bank selects Baker Hill for consumer loan origination
February 12, 2024
Union Bank, based in Vermont and New Hampshire, has partnered with fintech Baker Hill to leverage its NextGen solution for consumer lending and TruStage…
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Shields Business Solutions appoints EVP of sales
February 9, 2024
Shields Business Solutions, a ATM/ITM sales and service company, has appointed Kathleen Amadio as EVP of sales. She has spent 25 years in NCR's banking…
read nowNovoPayment partners with Mastercard to provide Mexican payments
February 8, 2024
NovoPayment, a payments infrastructure provider, received certification for the Mastercard Network Enablement Partner program to process Mastercard…
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Wall Street concerned over possible regional bank crisis
February 6, 2024
In spring 2023, the banking sector was rocked by the collapse of multiple banks including Silicon Valley Bank and Signature Bank. Now Wall Street investors are…
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JCB to offer 10% cashback for US purchases
February 5, 2024
JCB International Credit Card Co. Ltd., the U.S. subsidiary of JCB Co. Ltd., is offering 10% cashback to JCB cardholders in Taiwan who make purchases in the…
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JPMorgan Chase, Bank of America considering DocuSign buyout
February 2, 2024
JPMorgan Chase and Bank of America Corp. are currently considering raising $8 billion to purchase the e-signature company DocuSign Inc. Multiple equity firms…
read nowKeybank to deliver $50M in capital to community development banks
February 2, 2024
Keybank announced $50 million in deposits with six community development financial institutions and minority depository institutions, which include four-Black…
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Bluevine partners with Allpoint for ATM cash deposit
January 30, 2024
Bluevine, a digital banking platform, partnered with Allpoint to offer ATM cash deposit access to its customers at 1,500 Allpoint+ ATMs and 91,500 total ATMs…
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Federal Home Loan Bank of Cincinnati adds $3.9M to disaster relief program
January 30, 2024
The Federal Home Loan Bank of Cincinnati has replenished its disaster reconstruction program with $3.9 million for a total of $5 million. The bank first…
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Florida seeks to regulate crypto ATMs
January 24, 2024
Florida lawmakers want to apply existing ATM restrictions to cryptocurrency ATMs to prevent fraud, according to a wmfe.org report.
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Majority of EU banks not meeting green standards
January 24, 2024
A majority (nine out of 10) of the European Union's biggest banks aren't doing enough to move away from fossil fuels, according to a study by the European…
read nowAnchor Loans intros third-party originator channel
January 23, 2024
Anchor Loans, a direct lender, launched its third-party originator channel for mortgage brokers, banks, private lenders and other partners. It will offer a…
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Ireland minister of finance to bring proposal to ensure ATM access
January 22, 2024
Michael McGrath, minister for finance in Ireland, has brought a proposal to the Cabinet to ensure access to ATMs through the Access to Cash Bill. With this…
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ICICI Bank Canada intros mobile banking remittance app
January 18, 2024
ICICI Bank Canada, a subsidiary of ICICI Bank Ltd., has launched the app Money2India, which allows customers of any Canadian bank to send money to any bank in…
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Bellco Credit Union partners with Economic Literacy Colorado for financial education
January 16, 2024
Bellco Credit Union partnered with Economic Literacy Colorado to launch a FUNancial $marts activity book for high school students on money management. Bellco…
read nowScienaptic AI partners with DigiFi for automated lending
January 15, 2024
Scienaptic AI, a credit decisioning platform provider, partnered with DigiFi to provide automated lending through its AI-powered signals and DigiFi's loan…
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Hitachi Payment Services unveils new brand, appoints CEO
January 15, 2024
Hitachi Payment Services, a payments provider in India, has launched Hitachi Cash Management Services through its acquisition of Writer Corp's cash management…
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Ace Money Transfer partners with Pakistan bank for remittances
January 12, 2024
Ace Money Transfer has partnered with Habibmetro, a bank in Pakistan to promote remittance inflows to the country. Through this partnership, Habibmetro aims to…
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