ATMs

Cryptocurrency platform Wirex has become the first such entity to obtain a principal membership in the Mastercard network. The move comes as Mastercard Inc. announced an expansion of its cryptocurrency program, which aims to make it easier for crypto card companies to market their products. Wirex also announced recently it has hired long-time …

Consumers have been spending considerably less in most stores over the past four months, but that hasn’t prevented a shortage of coins from developing. But in one sign of a nascent revival of cash usage, the number ATM cash withdrawals by credit union members has finally broken a 15-week streak …

The number of ATMs providing the option of cardless withdrawals rose 26% in 2019, says a new report from research firm RBR. Leading the charge in the adoption of cardless ATMs is the United States, where the number of these machines has more than tripled, according to the research.  Bank …

ATM network operator Cardtronics plc said customers of Social Finance Inc. (SoFi) will get access to the 55,000 ATMs in the Cardtronics-owned Allpoint surcharge-free network, including several at the new SoFi Stadium in Los Angeles, under a new agreement between the companies.Payment technology provider Galileo announced the full launch of Galileo Instant, a service …

Visa Inc. said its Visa Token Service has now issued more than 1 billion tokens globally, with more than 680 million tokens issued in the past 12 months. Tokens replace Visa account numbers with data strings that are useless if stolen.Authentication services provider Giact released its “The Changing Landscape of Identity Fraud: Fraudsters Strike …

Maverick Payments launched its payment gateway, which supports 3-D Secure, account updaters, and interchange optimization.Digital-payments technology provider Checkout.com announced a $150 million Series B funding round, valuing the company at $5.5 billion. The round, led by technology fund Coatue, tripled the company’s value.ATM and point-of-sale hardware and software provider Diebold Nixdorf Inc. said it generated …

ATM manufacturer Diebold Nixdorf Inc. extended its agreement with consulting firm Accenture plc to streamline its operations by making business processes digital and moving them to the cloud. Diebold Nixdorf says the pact could yield $50 million in savings through 2023.The Federal Reserve released its FraudClassifier model, an effort to bring consistency to the …

Volume in some of its foreign markets is still way down as a result of the Covid-19 pandemic, but leading non-bank ATM network operator Cardtronics plc reported Monday that same-store U.S. cash-withdrawal transaction volumes were off only 3% in the first half of June from a year earlier.  PSCU, a …

Paysafe Group said it has expanded its Knect loyalty program for its Skrill digital wallet to the U.S. market. The program offers points that can be redeemed for cash when users perform transactions using the digital wallet or a linked Skrill Visa prepaid card. Last week, Paysafe launched its Skrill Money Transfer service …

Independent sales organization VizyPay LLC launched a cash-discount app for Fiserv Inc.’s Clover point-of-sale systems; the app, an extension of VizyPay’s cash-discount program, is available in the Clover App Market.MoneyGram International Inc. reported a doubling of its digital-transaction volume in May from May a year ago. Growth in this category in the first …