ATMs

Payment Alliance International Inc. said its fleet of more than 95,000 ATMs will redeem Bitcoin for cash under an agreement with B4U Financial LLC, whose BitLoad4U technology will manage authorization, clearing, and settlement and allow redemption from any cryptocurrency mobile wallet.A Bitcoin variant called Bitcoin Latinum announced a pre-sale launch with availability on exchanges in …

Independent ATM operators are lauding a proposed rulemaking from the federal Office of the Comptroller of the Currency they say would correct a history of denial of access to banking services for entrepreneurs that install and operate ATMs in retail stores and other locations. Observers say the rulemaking, if adopted, …

A Discover Financial Services survey found that 68% of consumers said they will use contactless payments more to avoid touching public surfaces and 66% would use less cash because of the Covid-19 pandemic. The survey of 2,000 U.S. adults also found that 35% said they plan to spend less this holiday shopping …

The Western Union Co. reported third-quarter revenue of $1.259 billion, down 4% year-over-year. Peer-to-peer transactions in the quarter totaled 77.3 million, up 6%.MoneyGram International Inc. reported third-quarter revenue of $323.2 million, down 1% year-over-year on a constant-currency basis. Digital transactions accounted for a 27% share of all money transfers in the quarter.Amazon.com …

Visa Inc. has agreed to acquire YellowPepper USA Inc., whose technology supports financial institutions in Latin America and the Caribbean in launching cards and other financial services. Terms of the transaction, which is expected to close in the next few weeks, were not announced.Celero Commerce said it will acquire TransNational Payments. Celero …

USA Technologies Inc., a payments-technology provider for the vending-machine business, announced it has completed the introduction of EMV and contactless EMV acceptance capability for its ePort G10-Chip reader line. The enhancement process was launched in February.The Western Union Co. said it now has added bank accounts, wallets, and cards to its …

Alphabet Inc.’s Google unit announced it is enabling shopping and purchasing within its Gmail email service via an agreement with Skipify Inc., a payments provider that relies on artificial intelligence technology.North Lane Technologies, formerly Wirecard North America Inc., and daVinci Payments have banded together to create Syncapay Inc., a holding company for payment-technology …

PayPal Holdings Inc. announced a service that allows account holders to buy, hold, and sell cryptocurrency directly from their account. The company also said it will make cryptocurrency available as a funding source for purchases at the 26 million merchants worldwide that accept PayPal.Payments provider FIS Inc. said it added pharmacy chain Walgreens …

With ATM transaction volumes in bank branches returning to near pre-Covid-19 levels, the ATM Industry Association Tuesday issued a statement decrying media coverage regarding the risk of infection from ATM use. The issue centers on a study by the Commonwealth Scientific and Industrial Research Organisation and the Australian Centre for …

With cash on the outs with many pandemic-wary consumers and merchants these days, payments firms are looking for alternatives. One such option is a so-called reverse ATM, a machine that takes in cash instead of dispensing it to allow users to convert paper money into an electronic payment instrument. An …