- American Cash Exchange Inc. said its Poni operation struck a deal with Euronet Worldwide Inc.’s Ria money-transfer unit that enables consumers in Mexico to withdraw cash from U.S.-originated remittances at nearly 50,000 Mexican ATMs without paying fees after they buy and register a Poni Cash Card, which costs 10 pesos (53 cents).
- ICBA Bancard, the payments-services subsidiary of the Independent Community Bankers of America association, named Rebecca Kruse executive vice president of operations. She most recently worked at Sandy Spring Bank as vice president of card systems and fraud-prevention manager. ICBA Bancard also promoted two others.
- Crypto-backer Litecoin Foundation said it will launch the Litecoin BlockCard, a debit card that will enable users to spend their cryptocurrency either online on in a store.
The nation’s automated clearing house network went on a tear in the quarter ended June …