Payments News
Cash logistics market to grow by $20B with ATMs leading the way
July 7, 2023
The cash logistics market will grow by $20.26 billion from 2022 to 2027 at a compound annual growth rate of 10.16%, according to research from…
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Bitcoin Depot completes business combination, begins public trading
July 5, 2023
Lux Vending LLC, operating under the name Bitcoin Depot, and GSR II Meteora Acquisition Corp. have closed on a business combination and will be renamed Bitcoin…
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Chase expands grant program to Hispanic, Black communities
July 3, 2023
JPMorgan Chase Home Lending has expanded its $5,000 Homebuyer Grant Program for additional Hispanic and Black Communities in 16 markets. This grant is designed…
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Newzip partners with Apple Federal Credit Union to deliver improved mortgage experience
June 30, 2023
Newzip, a real estate solutions provider, has partnered with Apple Federal Credit Union, based in Virginia, to deliver its agent matching and cash reward…
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Banks pass Fed stress test
June 30, 2023
The Federal Reserve ran a stress test on 23 U.S. banks and all passed. The test assesses if banks would have enough capital to absorb losses and continue…
read nowWestpac to adjust ATM withdrawal limits
June 29, 2023
Westpac, a bank based in Australia, announced it will allow customers to set a cash withdrawal limit on their cards above or below $1,000 with a maximum of…
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Xerof intros $100M bitcoin active managed certificate
June 29, 2023
Xerof, a Swiss cryptoasset financial services company, has introduced bitcoin-backed active managed certificates. With these certificates, users can invest…
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Paysend partners with RemotePass for payments to workers
June 28, 2023
Paysend, a card-to-card payments company, has partnered with RemotePass, a payroll platform provider, to offer global payouts to international workers in 8…
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Indian digital bank Kotak811 intros financial freedom campaign
June 28, 2023
Kotak811, a digital bank based in India, has launched its Finance ka+1 campaign, which aims to help young people gain financial freedom. The campaign will…
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Quant releases blockchain platform used in Bank of England's CBDC project to the public
June 27, 2023
Quant, a blockchain technology provider, launched its Overledger Platform to the public as software-as-a-service.
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Majority of countries see ATM recovery post-COVID
June 27, 2023
The ATM market has grown in more than half of 180 countries analyzed in RBR's Global ATM Intelligence Service report. The number of ATMs has reached or…
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NCR to spin off ATM business
June 26, 2023
NCR Corp. has filed its Form 10 registration statement with the U.S. Securities and Exchange Commission for its spin off of its ATM business. This is part of…
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Ventus to co-host Cash in the USA 2023 in Nashville
June 23, 2023
Ventus, a managed networking provider for ATMs and ITMs, will co-host Cash in the USA 2023 being held Oct. 3 in Nashville, Tennessee along with CMS Analytics.
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RockItCoin acquires XBTeller
June 23, 2023
RockItCoin, a bitcoin ATM operator, has acquired XBTeller, a bitcoin ATM operator based in Colorado and Texas. With the acquisition, RockItCoin now has a…
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Travelex partners with Bank of New Zealand to deliver discounted travel money
June 22, 2023
Travelex has partnered with the Bank of New Zealand to provide discounted travel money for the bank's customers. With this service, customers can load up to…
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Senate Banking Committee to examine bipartisan bill to confiscate failed bank's executive pay
June 21, 2023
The Senate Banking Committee will consider a bill that would take banking executive's pay in the aftermath of a collapse like what happened to Silicon Valley…
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Some SVB customers have to pay back loans, despite deposit loss
June 20, 2023
Silicon Valley Bank collapsed earlier this year due to a variety of factors including an over investment into government bonds and a major run by depositors…
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Chase intros Freedom credit card
June 20, 2023
JPMorgan Chase has introduced Chase Freedom Rise, a credit card for new-to-credit customers. The bank designed the card to help customers build credit, even…
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IMF begins work on platform for central bank digital currencies
June 20, 2023
The International Monetary Fund is developing a platform for central bank digital currencies, which would provide cross-border transactions. In particular, it…
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Scammers use bitcoin ATM to steal $30K from woman
June 20, 2023
A 76-year-old woman was reportedly scammed out of $30,000 after being convinced to deposit it in a bitcoin ATM in mid May, according to a Journal-News report.
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