Payments News
PayTab intros card issuing solution
December 14, 2023
PayTag Groups, a payments solutions company, unveiled its prepaid card issuing solution PayTabs Issuance. With this tool, banks, retailers and other companies…
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Regulators probe Wells Fargo for discrimination in mortgage pricing
December 12, 2023
Regulators recently probed Wells Fargo and other banks for possible discrimination in mortgage pricing. The bank received an official notice from the Consumer…
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Bluevine gains more than $1B in small business deposits
December 12, 2023
Bluevine, a digital banking platform, now has more than $1 billion in managed deposits by its small business banking customers. This has been largely driven by…
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National Australia Bank to integrate cash management solution
December 11, 2023
National Australia Bank selected Trovata to create the NAB Liquidity+ cash management solution for its customers. The solution offers cash flow forecasting and…
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Atlantic Union Bank to pay $6.2M in fees due to overdraft practices
December 8, 2023
Atlantic Union Bank settled an investigation by the Consumer Financial Protection Bureau in relation to its policies from 2017 to 2020 with its Opt-in…
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Citizens to delist from Nasdaq
December 7, 2023
Citizens Holding Company, the holding company for The Citizens Bank of Philadelphia announced it will delist its common stock from Nasdaq and deregister its…
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Goldman Sachs CEO attacks proposal for banks to hold more capital
December 5, 2023
David Solomon, CEO of Goldman Sachs, has attacked a recent proposal from regulators that would require banks to raise their capital on the books by 16% to…
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UK ATM network exec warns of decrease of 23,000 free ATMs
December 5, 2023
John Howells, chief executive of Link, has warned the U.K. will lose 23,000 surcharge free ATMs in less than 10 years. He said this is due to an increase in…
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ACI Worldwide partners with Mexipay for payments solutions
December 5, 2023
ACI Worldwide, a payments software provider, has partnered with fintech Mexipay to deliver the ACI Enterprise Payments Platform for real-time payments in…
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Mastercard, Feedzai to offer crypto fraud protection
December 5, 2023
Feedzai, a financial crime and risk management solutions provider, is teaming with Mastercard to combat cryptocurrency fraud. Mastercard will integrate its…
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KuCoin intros Visa crypto card
December 4, 2023
KuCoin, a cryptocurrency exchange, has launched KuCard, a cryptocurrency debit card. The card converts cryptocurrency into fiat currency at point of sale for…
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Discover approves plan to sell off Student Loans portfolio
December 4, 2023
Discover Financial Services' board has approved a plan to sell its Student Loans portfolio and to transfer servicing of the loans to a third-party provider.
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Bank of America intros car shopping digital tools
December 1, 2023
Bank of America introduced tools for customers looking to purchase and finance a car. Customers can get prequalified for financing without impacting their…
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Bank of America expects soft economic landing in 2024 despite uncertainty
November 29, 2023
Bank of America Global Research economists and strategists predict that disinflation will continue into 2024 and expect rate cuts to begin midway through the…
read nowWescom Credit Union releases fixed rate feature for HELOC
November 28, 2023
Wescom Credit Union released a fixed rate feature on a home equity line of credit for its members in Southern and Central California. With this feature…
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Asda Stores selects NCR Atleos for ATM network
November 27, 2023
Asda Stores Ltd., a retailer based in the U.K., has selected NCR Atleos to provide its ATM network. In particular, Atleos will deliver more than 1,20…
read nowIndusInd Bank launches RuPay credit card on UPI
November 27, 2023
IndusInd Bank launched its RuPay Credit Card on UPI through a partnership with the National Payments Corp. of India. Customers can use UPI payments by linking…
read nowTri Counties Bank gives $100K for low-income housing grants
November 21, 2023
Tri Counties Bank worked with the Federal Home Loan Bank of San Francisco to give one $50,000 grant to Community Housing Improvement Program and another to the…
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ThetaRay partners with Knox Wire for AML transaction monitoring
November 20, 2023
ThetaRay, an AI-powered transactions monitoring solutions provider, partnered with Knox Wire, a cross-border payments company, to provide anti-money laundering…
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ATM market to grow to $50B by 2032
November 17, 2023
The ATM market will grow from $22.6 billion in 2022 to $50 billion by 2032, according to research from Allied Market Research. It will also see a compound…
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