Payments News
Travelex intros wholesale banknotes operation in Middle East
March 6, 2023
Travelex, a foreign exchange company, has introduced its wholesale banknotes operation in the Middle East. With the service, it will provide more than 8…
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Chase intros DoorDash credit card
March 6, 2023
JPMorgan Chase has launched a DoorDash Rewards Mastercard. With the card, customers can earn unlimited cash back and 4% cash back on DoorDash and Caviar…
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Prepaid card market to reach $21.7B
March 3, 2023
The prepaid card market will grow from $15 billion in 2022 to $16.32 billion in 2023 and will eventually reach $21.7 billion by 2027, according to data from…
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Diner's Club Ecuador intros digital bank via Temenos
March 2, 2023
Diner's Club Ecuador, a franchise of Diner's Club International and an issuer of credit cards in Ecuador, has introduced a digital bank via the cloud-based…
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DCI partners with Hawthorn River to offer digital loan origination
March 2, 2023
Data Center Inc., a digital banking and fintech processing solutions company, has partnered with Hawthorn River Lending, a digital loan origination platform…
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Bitcoin ATMs see more than 400 removals in 2023
March 1, 2023
Bitcoin ATMs have seen a reduction lately, as the net number of the machines dropped by 412. This is a shift from December 2020 to January 2022, when more than…
read nowUnion Bank upgrades to Baker Hill NextGen for loan origination, portfolio monitoring
March 1, 2023
Union Bank, a subsidiary of Union Bankshares Inc. based in Vermont, has expanded its partnership with Baker Hill, a financial technology company, to upgrade to…
read nowFIS selects King Charles III's The Prince's Trust as charity partner
February 23, 2023
FIS, a financial services technology provider, has officially joined The Prince's Trust, founded by King Charles III when he was Princes of Wales, to help…
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NCR to extend ATM services at Walgreens nationwide
February 21, 2023
NCR Corp. will become the provider of ATM services across nearly all Walgreens stores in the U.S., Puerto Rico and the District of Columbia under an agreement…
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Nigerian police to prosecute protestors who attack banks
February 21, 2023
Nigerian police will prosecute protestors who attack or vandalize ATMs as robbers. Citizens have been increasingly frustrated since the central bank ordered…
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Bitcoin of America offers utility bill payment service
February 17, 2023
Bitcoin of America, a cryptocurrency ATM manufacturer and operator, has introduced BillPay, a service offered through self-service ATMs that allows customers…
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TNS brings on managing director for UK, Ireland
February 16, 2023
Transaction Network Services, an infrastructure-as-a-service provider for payments, has brought on Matthew Thomas to serve as managing director for payments…
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Chase adding more than 500 small business bankers through 2024
February 15, 2023
JPMorgan Chase will hire more than 500 small business bankers through 2024. The bank aims to use thee hires to expand relationships with small businesses and…
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Coin Cloud operator files for bankruptcy
February 15, 2023
Cash Cloud, the operator of Coin Cloud cryptocurrency ATMs, has officially filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of…
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Nigeria's cashless experiment leads to chaos
February 14, 2023
Nigeria has attempted to get its citizens to replace old fiat currency with new notes and to deposit all old notes at the bank. Although the Central Bank of…
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UK takes aim at unregistered crypto ATMs
February 14, 2023
The Financial Conduct Authority of the U.K. is beginning to target unregistered cryptocurrency ATMs and has gone after sites in Leeds city that allegedly hold…
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Crypto payments platform Wirex partners with Visa
February 14, 2023
Wirex, a crypto payments platform, has partnered with Visa to issue crypto-backed debit and prepaid cards to more than 40 countries in Asia-Pacific, U.K. and…
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KeyBank selects Blend for mortgage application processing
February 13, 2023
KeyBank has selected Blend, a software platform provider, to deliver a faster mortgage application process. With the digital service, customers are able to…
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FNB expands credit to communities of color
February 10, 2023
F.N.B. Corp. has announced its Special Purpose Credit Program, which will offer credit to communities of color. Initially it will offer up to $3 million in…
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Diebold Nixdorf reports Q4 FY 2022 sales, earnings declines
February 9, 2023
Diebold Nixdorf Inc. suffered sales and earnings declines in Q4 2022, but reported an end-of-year backlog of about $1.4 billion and contract base growth in…
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