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Payments News

IndusInd Bank partners with Wise to offer remittance services to India

June 19, 2023

IndusInd Bank, based in London, Dubai and Abu Dhabi,has partnered with Wise, a money management company, to offer remittance services to non-resident Indians…

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Payment processing company Global Holdings appoints CEO

June 16, 2023

Global Holdings LLC, a payment processing and account management for consumer debt settlement, has appointed Steven Petrevski to serve as CEO. He replaces Kurt…

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Bank of England moves closer to digital pound

June 16, 2023

The Bank of England is seeking public feedback on how to design a central bank-backed digital currency: a digital pound.

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Discover Bank intros $36M fund for Delaware financial health

June 15, 2023

Discover Bank has introduced its Financial Health Improvement Fund in Delaware to support startups and technology companies that develop solutions to improve…

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Carolina Foothills Federal Credit Union to offer non-sufficient funds solution

June 15, 2023

Carolina Foothills Federal Credit Union has partnered with DoubleChecks Solutions to allow members to stop payments with non-sufficient funds from being…

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Bitcoin ATM operator sues sheriff for seizing cash from machine

June 14, 2023

Lux Vending, which operates BitCoin Depot cryptocurrency ATMs, has sued the McLennan County, Texas sheriff's office for seizing cash from one of its kiosks to…

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Crypto.com shuts down US institutional services

June 12, 2023

Crypto.com, a cryptocurrency exchange will shut down its institutional services for U.S. customers in less than two weeks. The company claims the decision is…

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Mastercard partners with Fabrick for open embedded finance

June 12, 2023

Fabrick, an open finance company, has partnered with Mastercard to deliver embedded finance solutions to aid businesses, financial institutions and fintechs in…

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Bank of America, Apple execs join Chargebacks911

June 9, 2023

Chargebacks911 and Fi911, a chargeback management technology company, has appointed Guy Harris as chairman and Eric M. Hoffman as president of interbank…

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Binance halts dollar deposits following SEC lawsuit

June 9, 2023

Binance, a cryptocurrency exchange, will stop U.S. dollar deposits following news of the lawsuit from the U.S. Securities and Exchange Commission. The exchange…

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CUSO Financial Services partners with Clearview Federal Credit Union

June 8, 2023

CUSO Financial Services, a broker dealer, insurance and investment solutions subsidiary of Atria Wealth Solutions, has partnered with southwestern…

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Discover appoints board member

June 7, 2023

Discover Financial Services appointed Daniela O'Leary-Gill to its board of directors. She previously served as COO of BMO U.S. for BMO Financial Group and as a…

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Bankjoy intros business banking platform

June 7, 2023

Bankjoy, a digital banking solutions provider, introduced Business Banking 2.0, which offers products and services for banks and credit unions to reach…

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Bitcoin ATMs see growth after 4 month decrease

June 6, 2023

Bitcoin ATMs saw a net increase of 1,397 in May, reversing a four month decline. From January to April, there was a net decrease of 5,850 machines, according…

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Skin care, makeup company Clarins integrates Alipay+

June 6, 2023

Clarins, a skin care and makeup company, has integrated the digital payments solution Alipay+ to allow Asian consumers to pay via QR code at its locations in…

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Jack Henry partners with Platinum Federal Credit Union for financial health initiative

June 6, 2023

Jack Henry has partnered with Georgia-based Platinum Federal Credit Union to help improve member's financial health through tools such as its Symitar platform.

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SEC sues Coinbase, Binance

June 6, 2023

The Securities and Exchange Commission has sued Coinbase and Binance in back-to-back lawsuits. With Coinbase, the SEC claims it was acting as an unregistered…

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Real-time payments market to reach $96.2B in Asia

June 5, 2023

The real-time payments market in the Asia-Pacific region will grow from $49.2 billion in 2022 to $96.2 billion by 2027, with a compound annual growth rate of…

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ATM Self-Service Software Trends Report survey deadline extended to June 15

June 5, 2023

The deadline for the survey for the 2023 ATM & Self-Service Software Trends Report has been extended to June 15.

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DCMA pilots Universal Monetary Unit in Latin America, Africa

June 2, 2023

The Digital Currency Monetary Authority, a digital currency advocacy group, has announced a pilot of Universal Monetary Unit's Unicoin point-to-point digital…

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