Payments News
Tassat Group intros multi-currency solution for banks
June 1, 2023
Tasat Group Inc., a digital payments solutions provider for banks, has introduced multi-currency functionality on its platform. With this function, banks will…
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Diebold Nixdorf to file for bankruptcy
May 31, 2023
Diebold Nixdorf Inc. has announced it will file for Chapter 11 bankruptcy protection as part of a restructuring deal reported yesterday, according to a…
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BankPacific to waive all ATM fees
May 31, 2023
BankPacific will waive all ATM fees for its locations in Guam, Saipan and Palau, according to a report by Pacific Daily News.
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WSFS Bank, Philadelphia Union launch co-branded debit card
May 31, 2023
WSFS Bank, a subsidiary of WSFS Financial Corp., has introduced a co-branded debit card with the Philadelphia Union, a Major League Soccer team. New and…
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Diebold Nixdorf enters debt restructuring pact with shareholders
May 30, 2023
Diebold Nixdorf Inc. has entered into a restructuring support agreement with certain stakeholders to restructure its debt, according to a press release.
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Interest rates under question as central banks weigh options
May 30, 2023
With interest rates sitting at 5.25%, many expected central banks would pause rate hikes, but strong U.S. job numbers and gross domestic product have called…
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Citizens intros World Elite Mastercard with Touch Card feature for blind users
May 30, 2023
Citizens has introduced its Private Client World Elite Mastercard, which comes with a Touch Card feature for blind or partially sighted users to tell their…
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Cantaloupe moves to AWS cloud services
May 23, 2023
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, has teamed with…
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ATM Self-Service Software Trends Report survey closes May 31
May 23, 2023
The survey for the 2023 ATM & Self-Service Software Trends Report will be open until May 31. This is the 16th annual report, which is sponsored by KAL ATM…
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Venmo intros teen account
May 23, 2023
Venmo, a digital payments platform owned by PayPal Holdings Inc., has introduced the Teen Account for users between the ages of 13 to 17-years old. Parents can…
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JPMorgan Chase to expand startup services with hires
May 23, 2023
JPMorgan Chase plans to improve its offerings to tech and other startups by bringing on more bankers. The bank has already hired more than 100 employees this…
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Cash logistics market to reach $42B by 2027
May 22, 2023
The cash logistics market will grow to $42.8 billion by 2027 at a compound annual growth rate of 10.16% from 2022 to 2027, according to a press release from…
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Diebold Nixdorf in discussions with secured lenders
May 18, 2023
Diebold Nixdorf Inc. has entered into confidential discussions with some of its secured lenders regarding its cash needs as the company seeks to avoid a…
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JPMorgan CEO says more acquisitions of struggling banks "unlikely"
May 17, 2023
JPMorgan Chase recently acquired a majority share of the failed bank First Republic as part of a government-deal. However, when CEO Jamie Dimon was asked…
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Congress grills SVB, Signature Bank execs over bank collapse, compensation
May 17, 2023
Greg Becker, CEO of Silicon Valley Bank alongside Scott Shay, chairman of Signature Bank, recently appeared before Congress to answer questions both on the…
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UK to inspect sites for illegal crypto ATMs
May 16, 2023
The Financial Conduct Authority of the U.K. has announced it will inspect sites "suspected of hosting illegally operated crypto ATMs," according to a report by…
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Bank CEO pay in focus following SVB, Signature, First Republic collapses
May 16, 2023
CEO compensation is under focus, as executives from failed banks Silicon Valley Bank, Signature Bank and First Republic gained millions from the planned sales…
read nowCharlie intros banking services for senior citizens
May 15, 2023
Charlie, a company that offers banking services through Sutton Bank, has launched its services for the 62+ age bracket. It offers tools such as faster access…
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FDIC calls on big banks to pay for SVB collapse
May 12, 2023
The Federal Deposit Insurance Corp. has called on banks with more than $5 billion in assets to help pay depositors of the defunct Silicon Valley Bank and…
read nowEveree joins Visa's fintech program
May 11, 2023
Everee, a payroll technology company, has joined Visa's Fintech Fast Track program to launch the Everee Visa Pay Card. With this prepaid card, businesses can…
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