Payments News
Bank of America sees positive signs in spending data
August 12, 2022
The Bank of America Institute has found that despite recession fears, consumer spending remains healthy. Its report found total payments increased 7% year over…
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KeyBank partners with Quavo to automate credit card dispute
August 12, 2022
KeyBank has partnered with fintech Quavo Fraud & Disputes to deploy the QFD automated dispute management platform to automate credit card charge disputes.
read now1st Security Bank partners with LoanStar to offer loan application portal
August 10, 2022
1st Security Bank has partnered with LoanStar Technologies, a fintech, to offer a loan application portal for home improvement contractors. The portal will…
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Report: Gen Z, millennial customers switch banks due to location, fees
August 10, 2022
Gen Z and millennial customers often switch banks due to both location issues and fees, according to a study from Brooks Bells. In fact, one-fourth of…
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Putin gives Russian banks go ahead to suspend foreign currency operations amid sanctions
August 9, 2022
President Vladimir Putin of Russia recently gave Russian banks approval to suspend operations in foreign currencies, due to sanctions. Since the Russian…
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SmartMetric adds energy harvesting tech to biometric card
August 5, 2022
SmartMetric, a trademark of EMVCo, has unveiled energy harvesting technology to its card power system for contactless payments. The technology uses energy from…
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Crypto ATMs return to Japan
August 5, 2022
Cryptocurrency ATMs are returning to Japan, after a four-year hiatus. Gaia Co. Ltd. is deploying ATMs that will offer bitcoin, ether, Bitcoin Cash and…
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Diebold Nixdorf takes Q2 2022 revenue hit
August 3, 2022
Diebold Nixdorf Inc. suffered a Q2 2022 revenue hit primarily due to the foreign currency translation impact of the declining value or the Euro in comparison…
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Jack Henry partners with Victor Technologies to offer payments solutions
August 2, 2022
Jack Henry & Associates Inc. has partnered with Victor Technologies Inc., a subsidiary of MVB Edge Ventures Inc. and a part of MVB Bank Inc., to offer…
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Global Payments to acquire EVO Payments
August 1, 2022
Global Payments Inc., a worldwide provider of payment technology and software solutions, has agreed to acquire EVO Payments Inc., a global provider of payment…
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Elderly Michigan couple loses $350K in Bitcoin ATM scam
August 1, 2022
An elderly couple in Traverse City, Michigan lost $350,000 due to Bitcoin ATM fraud. An individual claiming to be Apple support called them and told them to…
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Banks boost prime lending rate
July 29, 2022
Citizens Financial Group, Regions Bank and Fifth Third Bank have all increased their prime lending rate to 5.50%, according to multiple press releases.
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NCR improves Q2 2022 sales, earnings
July 28, 2022
NCR Corp. lifted its Q2 2022 revenue by nearly 20% against the prior year period, posting gains in nearly all business segments, according to an earnings…
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First Community Credit Union to offer bitcoin purchasing, selling
July 27, 2022
First Community Credit Union, based in Houston, Texas, has partnered with NYDIG, a bitcoin company, to offer a solution for customers to buy, sell and hold…
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Early bird for Bank Customer Experience Summit ends this week
July 26, 2022
Early bird pricing for the Bank Customer Experience Summit, which will be held in Chicago from Aug. 31 to Sept 1, will end Friday, July 29. By registering…
read nowION appoints former Microsoft exec to EVP role
July 26, 2022
ION, a provider of trading, analytics and risk management solutions for capital markets, commodities and treasury management, has hired Carlo Purassanta to…
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Paxful selects iProov for cryptocurrency onboarding, transactions
July 22, 2022
Paxful, a peer-to-peer fintech platform provider, has selected iProve to provide its biometric authentication technology to verify user identity while…
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Marygold partners with i2c to deliver contactless debit Mastercard
July 20, 2022
Marygold & Co., a fintech company, has partnered with i2c Inc. to deliver a contactless debit Mastercard with i2c's payment API. The companies will also…
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NCR, Veritas Capital enter exclusive talks
July 19, 2022
Veritas Capital, a private equity firm, has entered exclusive talks with NCR Corp. to acquire the company, according to a report today in The Wall Street…
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Hyosung intros 4 cash recycling solutions
July 19, 2022
Hyosung America has introduced four cash recycling retail solutions which include the X10 Cash-in Sidecar, Series X MetaKiosk, Cajera CR-E and the Hero cash…
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