Wednesday , December 25, 2024

ATMs

Bitcoin Depot Expands ATM Fleet and other Digital Transactions News briefs from 2/6/20

Bitcoin ATM deployer Bitcoin Depot said its network now includes more than 500 machines worldwide, with more than 100 in the Atlanta area. The company projects it will have more than 1,000 Bitcoin ATMS by the end of 2020.Lael Brainard, a Federal Reserve Board governor, said in a Wednesday speech that the Fed, …

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Cornerstone Purchases Move Your Mountain and other Digital Transactions News briefs from 2/3/20

Cornerstone Payment Systems announced the acquisition of Move Your Mountain, a crowd-funding platform. Terms were not disclosed.Digital cross-border payments provider Remitly Inc. launched Passbook by Remitly, a mobile app aimed at immigrants in the United States that features a no-fee account from Sunrise Banks N.A. and real-time transfers via Visa Inc.’s Visa Direct …

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U.S. Bancorp’s Merchant Volume Rises 10% While BofA Sees Big Zelle Growth

U.S. Bancorp, owner of the big merchant acquirer Elavon Inc., reported Wednesday that its fourth-quarter 2019 merchant volume rose 10.5% year-over-year on a nearly 14% increase in transactions. And U.S. Bancorp rival Bank of America Corp. said its volume for the Zelle person-to-person payments service jumped 76%. Minneapolis-based U.S. Bancorp …

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Many ATM Operators Will Blow Tomorrow’s Upgrade Deadline, But Will That Matter Much?

ATM operators on Monday are literally on the eve of a critical upgrade deadline that many have not met, but some industry sources at least say the situation is far from disastrous. Microsoft Corp. on Tuesday will stop supporting its Windows 7 operating system, which runs most bank-owned ATMs in …

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Mets To Play at Clover Park and other Digital Transactions News briefs from 1/13/20

In what could be the first time a stadium has been named after a payment platform, First Data Field, the St. Lucie, Fla. spring-training home of the New York Mets and the regular-season home of the St. Lucie Mets, the New York Mets’ Advanced-A minor-league affiliate, will have a new …

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Consumers Make More On-Us ATM Cash Withdrawals, Fed Data Show

Despite the decades-old rise of electronic payments at the expense of cash, the rate of decrease in ATM cash withdrawals has slowed down, and more consumers are avoiding fees by using their own financial institution’s ATMs, according to the Federal Reserve. The Fed’s latest triennial payments study released last month …

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A New Beetle Debuts and other Digital Transactions News briefs from 1/9/20

Diebold Nixdorf Inc. released the Beetle A1150, an all-in-one point-of-sale system. Variations of the Beetle POS system have been available since at least 2002 from Wincor Nixdorf, a company Diebold acquired in 2016.Payments processor Computer Services Inc. reported fiscal third-quarter revenue of $72.1 million, up 6.6% year-over-year, and net income of $12 million, up 5.8%. …

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MyPinPad Gets Added PCI Certification and other Digital Transactions News briefs from 1/7/20

MyPinPad, a provider of technology enabling PIN entry on off-the-shelf mobile devices, said it has been granted certification from the PCI Security Standards Council for its software-based PIN entry on a Commercial off-the-shelf (SPoC) product for iOS.Shift4 Payments Inc., which filed for a proposed public offering in December, said it completed certification …

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EVO’s U.K. Discover Expansion and other Digital Transactions News briefs from 12/19/19

EVO Payments has agreed to enable merchants it serves in the United Kingdom and Ireland to process transactions on the Discover, Diners Club International, and affiliate card networks. Merchants served by EVO in other markets are expected to come online for Discover in 2020.Antivirus protection provider Avast said a survey it …

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Super Processor Picks TAS USA and other Digital Transactions News briefs from 12/9/19

Payments provider Super Processor selected a payments platform from TAS USA Inc. to manage merchant onboarding, merchant accounts, and transaction processing for both in-store and e-commerce transactions.Hudson Executive Capital LP, an investment firm that has been embroiled in a fight for control of vending-machine payments technology provider USA Technologies Inc., filed a proxy …

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