Alaska passes ATM surcharge law on cross-border transactions

April 22, 2020

Alaska's Governor Mike Dunleavy signed state legislation authorizing ATM surcharges on international credit/debit card transactions at retail ATMs throughout…

Fed's Main Street Lending program could provide $600 billion for business loans

April 10, 2020

As the coronavirus pandemic continues, the Federal Reserve released its plans to provide an additional $2.3 trillion in loans to help to support households and…

Feds modify growth restriction on Wells Fargo to support small business

April 8, 2020

The Federal Reserve Board will temporarily narrowly modify the growth restriction placed on Wells Fargo in February 2020 to allow the firm to provide…

Confusion over PPP eases as Fed Reserve backs loans

April 7, 2020

With many businesses in the ATM industry racing to apply for funding through the Small Business Administration’s emergency loan program as their bills come…

In the field, ATM operators should carry DHS guidelines

April 3, 2020

As reported by ATM Marketplace, the Department of Homeland Security recently put out an Advisory indicating that ATM field workers qualify as "Essential…

Nymbus automates COVID-19 payroll relief for banks to small business

March 30, 2020

Nymbus will help financial institutions process paycheck protection loans from the U.S. Small Business Administration, which will allow companies to maintain…

Stimulus package to offer $350B in small business loans— ATM operators could get help

March 25, 2020

The largest stimulus bill in U.S. history is almost reality, thanks to a deal finally struck between the White House and U.S. Senate okaying $2 trillion to…

Trade groups, lawmakers working to offset COVID-19 impact on business

by Pat Shea — Editor, NetworldMedia

Trade organizations and government officials are burning the midnight oil to help ATM operators and small businesses impacted by COVID-19, but owners are…

National ATM Council urges support for Payment Choice Act

March 4, 2020

The National ATM Council, Inc. has encouraged its members to support The Payment Choice Act (HR 2650) to ensure that U.S. consumers continue to have the…

Intuit plans personal finance ambitions with Credit Karma buy

by David Jones — Editor, Networld Media Group

Intuit announced its highly anticipated $7.1 billion acquisition of Credit Karma, a move that will create a personal finance powerhouse that can help financial…

Self-service retailers comfortable with biometrics and privacy rights

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Technology providers using biometric identification believe they can comply with stringent consumer protection laws despite some recent lawsuits.

Brink's acquires majority of G4S cash operations for $860M

February 26, 2020

Brink's, the world's leading cash management company, is buying a majority of the cash operations of G4S, the U.K.-based security and cash management firm, for…

Privacy rights face the rise of biometric security

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

A pair of lawsuits against Compass Group USA seek damages over the way the company collects and stores biometric information from fingerprint readers on…

LendingClub to buy Radius for $185M in historic deal

February 18, 2020

LendingClub Corp. agreed to buy Radius Bancorp, which includes its digital subsidiary Radius Bank, for $185 million in cash and stock, marking the first time a…

N26 to close UK operations following Brexit

February 13, 2020

N26, a Berlin-based challenger bank, is pulling up stakes from the U.K. after that country finalized plans to withdraw from the European Union under Brexit. 

Varo Money gains historic regulatory approval from FDIC

by David Jones — Editor, Networld Media Group

February 11, 2020

San Francisco-based Varo Money Inc. has gained final approval from the Federal Deposit Insurance Corp. to obtain deposit insurance, marking a historic step on…

As ATM industry gathers in Houston, major innovations and challenges impact business

by David Jones — Editor, Networld Media Group

As the ATM industry gathers in Houston for the ATMIA U.S. Conference 2020, industry experts say there are a number of issues that are impacting the industry…

Mastercard partners with North Macedonia on digital identity solutions

February 7, 2020

Mastercard is partnering with the Republic of North Macedonia to develop digital identity solutions that will give citizens of that country a new way of…

Japanese lawmakers to propose digital currency

January 24, 2020

Japanese lawmakers are mulling over a plan to launch a digital version of the yen, amid concerns over China's plans for a digital yuan and the impact of…

Vodafone pulls out of Facebook-backed Libra Association to focus on M-Pesa

January 22, 2020

Vodafone Group, a U.K.-based telecommunications conglomerate, became the latest company to pull out of Libra, the Facebook backed digital currency project.