Payments News
Atlantic Union to transfer stock, shares to New York Stock Exchange
January 19, 2023
Atlantic Union Bankshares plans to transfer the listing of common stock and depositary shares to the New York Stock Exchange. This represents a one in 400th…
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TD Bank extends naming rights deal for Boston's TD Garden
January 19, 2023
TD Bank has extended its naming rights agreement with Delaware North for TD Garden, a sports and entertainment arena in Boston. The arena will keep the name…
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Wescom Credit Union to offer green vehicle loan discount
January 18, 2023
Wescom Credit Union, based in Southern California, will offer a discount for green vehicle loans at 0.25% APR, according to a press release.
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KeyBank survey finds financial stress impacting consumers
January 17, 2023
More than half of Americans, 55%, had financial challenges in 2022 compared to 37% in 2021, according to KeyBank's 2023 Financial Mobility Survey. In addition…
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Western banks hit pitfalls while leaving Russia
January 17, 2023
Western banks have been attempting to sell off assets in Russia following the country's invasion of Ukraine in February 2022. However, Vladimir Putin has…
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Lqwd Fintech updates Bitcoin Lightning Network platform
January 16, 2023
Lqwd Fintech Corp. has released an update to lqwd.tech, its Bitcoin Lightning Network software-as-a-service platform. With this platform, users can integrate…
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Contactless market to reach $24.5B
January 13, 2023
The contactless payment market will grow from $12.1 billion in 2021 to $24.5 billion in 2027 at a compound annual growth rate of 12.48%, according to research…
read nowBlockchain fintech Securrency brings on CEO
January 11, 2023
Securrency, a blockchain-based financial and regulatory technology provider, has selected Nadine Chakar to serve as CEO. Prior to joining Securrency, she…
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Bitcoin ATM growth slowed in 2022
January 10, 2023
While Bitcoin ATMs continue to grow worldwide, growth slowed in the later part of 2022. In fact, only 94 were installed from July to December 2022, compared to…
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Metropolitan Bank bails on crypto
January 10, 2023
Metropolitan Commercial Bank will cease its cryptocurrency services due to "recent developments" in the industry. The bank is one of the few to directly offer…
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Coinbase to shell out $50M fine to New York
January 6, 2023
Coinbase, a cryptocurrency exchange, will pay a $50 million penalty to New York's Department of Financial Services due to an issue where the exchange opened…
read nowPaya partners with 1Retail to deliver EMV contactless payments
January 5, 2023
Paya, an integrated payments solution provider, has partnered with 1Retail, a point-of-sale solutions provider, to deliver EMV contactless and stored payments…
read nowPayTech Women appoints 2023 board
January 5, 2023
PayTech Woman, an organization dedicated to women's advancement in the payments and fintech industry, has appointed is 2023 board of directors, according to a…
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Feds, comptroller release warning on cryptocurrency for banks
January 4, 2023
The Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency have released a joint statement warning banks of the risk of dealing with…
read nowBitNile Holdings Inc. to merge subsidiary Ault Alliance with BitNile
January 4, 2023
BitNile Holdings Inc., a provider of Bitcoin mining and a holding company, has announced it will merge its subsidiary Ault Alliance Inc. with BitNile. As of…
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Croatia switches to euro
January 3, 2023
Croatia has officially changed its currency from kuna to the euro, making it the 20th country to adopt the currency. Currently, almost 70% of its ATMs are only…
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World Bank takes aim at climate change
January 3, 2023
The World Bank plans to increase its lending capacity to combat climate change and other global issues as part of its evolution roadmap. In addition, it aims…
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Australia earns spot as 4th biggest crypto ATM country
January 2, 2023
Australia has surpassed El Salvador as the fourth largest provider of crypto ATMs with 219 in operation, according to a report by Coin Telegraph.
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Bakkt study finds crypto interest steady despite FTX collapse
December 29, 2022
Despite the collapse of the cryptocurrency exchange FTX, interest in cryptocurrency among users has remained relatively steady, according to research from…
read nowDigital currency company Bitt brings on CTO
December 28, 2022
Bitt, a digital currency management system provider for central bank digital currencies, has appointed Greg Prokter to serve as CTO. Prior to joining Bitt…
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