Payments News
Premium finance market to reach $139B by 2032
November 16, 2023
The premium finance market is expected to grow from $47.8 billion in 2022 to $139.7 billion by 2032, seeing a compound annual growth rate of 11.5% from 2023 to…
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RockItCoin donates to Chicago hunger relief
November 15, 2023
RockItCoin, a bitcoin ATM operator, recently made a bitcoin donation to Nourshing Hope, a hunger relief organization based in Chicago as part of its RockItCoin…
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Dwayne 'the Rock' Johnson intros Mighty Oak debit card
November 14, 2023
Acorns, a saving and investing app, partnered with actor Dwayne Johnson to introduce the Might Oak debit card, made from heavy metal Tungsten. The card…
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Zelle begins refunding scam victims by clawing back funds from scammers
November 14, 2023
Zelle, a peer-to-peer payments app owned by seven banks, has begun refunding victims of imposter scams after pressure from regulators. The 2,100 financial…
read nowTassat appoints CEO
November 14, 2023
Tassat Group Inc., a digital payments solutions provider, appointed Zain Saidin to serve as CEO. He previously served as COO of the company and takes over for…
read nowBank of America expands funding for Veteran Loan Fund
November 13, 2023
Bank of America provided $10 million as an additional funding round for the Veteran Loan Fund, doubling its existing two-year commitment, which has funded more…
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NCR Voyix reports Q3 2023 sales gain, earnings loss in 1st quarter as a standalone company
November 13, 2023
NCR Voyix reported a sales increase and an income decline for Q3 2023 in its first quarter as a standalone company, according to an earnings report. NCR Corp.
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World's largest bank ICBC suffers hack, uses USB stick to trade
November 10, 2023
Industrial & Commercial Bank of China Ltd., the world's largest bank by deposits, suffered a cyberattack, which made it unable to clear U.S. Treasury…
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Diebold Nixdorf sees revenue, profit growth in Q3 2023
November 9, 2023
Diebold Nixdorf released its Q3 earnings report, which saw its non-GAAP revenue increase by 17.1% year-over-year. It also delivered 14,700 ATMs and cash…
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JCB expands Stripe partnership for Europe, Singapore, Hong Kong
November 9, 2023
JCB International Co. Ltd., a financial infrastructure platform, has expanded its partnership with Stripe into Europe, Singapore and Hong Kong. With this…
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America First Credit Union intros Utah Jazz Visa card
November 8, 2023
America First Credit Union unveiled a Utah Jazz Visa debit card for the NBA team. This card features the Jazz note logo and is available to all members with…
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American Express delivers checking account with rewards to small businesses
November 8, 2023
American Express recently unveiled its Business Checking account for all eligible small businesses in the U.S., which offers no fees, 24/7 assistance and…
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Customers see delay in direct deposits due to ACH error
November 7, 2023
Customers reported a delay in their direct deposits after an error with the Automated Clearing House on Nov. 3. Some customers still haven't received their…
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Keybank invests $400K to expand Pennsylvania homeownership
November 6, 2023
Keybank announced a $400,000 investment for NeighborWorks Western Pennsylvania to improve homeownership and financial security in the region, particularly with…
read nowAdvisor Credit Exchange appoints CEO, COO
November 3, 2023
Advisor Credit Exchange, a technology platform connecting banks, lenders and wealth managers, has appointed J.P. Connellan as CEO and Melanie Warner as COO and…
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Keybank to offer financing for manufactured homes
November 2, 2023
Keybank announced additional financing options for manufactured homes as part of an effort to improve affordable housing. In order to qualify, the house must…
read nowHyosung Innovue appoints chief revenue officer
November 1, 2023
Hyosung Innovue appointed Nancy Daniels as its first chief revenue officer. Prior to joining Hyosung, Daniels served as managing member and operating partner…
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Bank of America announces rewards day
November 1, 2023
Bank of America announced its More Rewards Day to be held on Nov. 9. During this day, credit cardholders will earn extra rewards on purchases, according to a…
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Standard Chartered Bank partners with Watershed Organization Trust
October 31, 2023
Standard Chartered Bank, based in India, partnered with Watershed Organization Trust to provide sustainable water use for the drought-impacted region of…
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Bank writes down Elon Musk's X (Twitter)
October 31, 2023
Fidelity, one of the banks that financed Elon Musks' purchase of Twitter (now renamed X), has devalued the company. It devalued it by 8%, representing a total…
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