ATMs Take on New Tasks Even as Their Numbers Decline
ATMs Take on New Tasks Even as Their Numbers Decline
March 03, 2023  |  Connected Economy

There’s still demand for ATMs even as their numbers are declining. For example, workers who receive tips like to use the machines to get that...

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Railsbank Reportedly Seeking Sale Through an Insolvency Process
Railsbank Reportedly Seeking Sale Through an Insolvency Process
March 03, 2023  |  Legal

Railsbank Technology is reportedly close to being sold through an insolvency process. Directors are close to selling the United Kingdom-based FinTech company through a form...

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Binance.US Runs Into Continuing Objections to Acquisition of Voyager Digital
Binance.US Runs Into Continuing Objections to Acquisition of Voyager Digital
March 03, 2023  |  Cryptocurrency

Binance.US continues to have a bumpy road in its efforts to acquire Voyager Digital. The cryptocurrency trading platform — which is a separate entity from...

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Discretionary Spending Pullback May Paint Clearer US Economic Picture
Discretionary Spending Pullback May Paint Clearer US Economic Picture
March 03, 2023  |  Connected Economy

Sometimes it just comes down to the cold, hard numbers. Three department stores, along with Best Buy, released their earnings this week, and the news was pretty grim when...

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Senators Warn Regulators on Zelle Fraud Risks
Senators Warn Regulators on Zelle Fraud Risks
March 03, 2023  |  Bank Regulation

Five Senate Democrats are sending a warning on Early Warning Services’ Zelle. In a letter addressed to the Federal Reserve, the FDIC, the National Credit...

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Getmomo and VVRB Team on Underwriting Tenants’ Cash Deposits
Getmomo and VVRB Team on Underwriting Tenants’ Cash Deposits
March 03, 2023  |  Real Estate

Getmomo has partnered with Vereinigte Volksbank Raiffeisenbank (VVRB) to underwrite tenants. With this collaboration, the Berlin-based vertical payment platform for real estate and the German bank provide an...

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Truzo Launches Africa-Focused Digital Escrow Service in UK
Truzo Launches Africa-Focused Digital Escrow Service in UK
March 03, 2023  |  Commerce

Truzo has launched its Africa-focused digital escrow service in the United Kingdom. Already established in South Africa, and approved by the Financial Conduct Authority (FCA)...

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Ramp Raises $5 Million for User and Revenue Forecasting Platform
Ramp Raises $5 Million for User and Revenue Forecasting Platform
March 03, 2023  |  Investments

Ramp has raised $5 million in seed funding for its user and revenue forecasting platform. The tool uses cohort-based forecasting to run scenarios and forecasts...

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Government Effort to Close Digital Divide Spurs Spain’s Digital Transformation
Government Effort to Close Digital Divide Spurs Spain’s Digital Transformation
March 03, 2023  |  Connected Economy

Countries take different tacks in their digital transformations, with Spain’s high engagement rate driven by a less-expected source: national policy.   PYMNTS’ December ConnectedEconomy™ Index, “How...

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