ATMs

SpotOn Transact LLC, a specialist in hospitality payments, launched a service called Rapid Fund, which makes card deposits available within 30 minutes of batching out. It is also taking on a partnership with embedded-finance platform Parafin to operate SpotOn Capital. Both efforts are intended to aid restaurants looking to manage …

A partnership between Visa Inc. and insurance-technology firm Neat will allow cardholders in Europe to use new insurance services, including digital claims processing. Repay Holdings Corp. released a statement defending its $372-million deal to acquire Kubra Data Transfer Ltd., announced March 31. The statement responds to objections from Repay investor Veradace Partners, which …

ATM maker and services provider NCR Atleos Corp. said it supports a New York state law that requires retailers and food establishments to accept cash for in-person transactions. Taking effect March 21, the law means these businesses cannot refuse cash payments and prohibits them from charging cash-paying customers higher fees. Nacha, the …

Payments provider Corpay Inc. said it has closed on the sale of its PayByPhone unit to Lightyear Capital. Terms were not announced. The deal will cut Corpay’s 2026 revenue by approximately $75 million relative to its February guidance, the company said, though it continues to project 10% organic revenue growth for the …

ATM operator Bitcoin Depot Inc. is moving into the social-betting arena with the acquisition of Kutt, a peer-to-peer social-betting platform. Meanwhile, ECI Software Solutions Inc., a business-software and management-services firm, acquired fintech Drypowder to help modernize its financial services platform, including digital payments. Atlanta-based Bitcoin Depot, known for its cryptocurrency …

ATM deployer NCR Atleos Corp. said it has agreed to be acquired by The Brink’s Company in a transaction valued at approximately $6.6 billion, including 13.3 million shares of Brink’s common stock and $2.2 billion in cash. Brink’s will also assume approximately $2.6 billion in debt held by NCR Atleos. The deal, …

American Express Co. said it will build a new headquarters building in New York, encompassing nearly 2 million square feet of office space. Expected to be completed in 2031, AmEx will be the sole occupant and owner of the structure. It did not disclose the estimated cost of the 55-floor building, …

Transaction Network Services Inc., an infrastructure-as-a-service provider that connects businesses to point-of-sale terminals and ATMs, has launched TNSPay SmartRoute, a cloud-based transaction-routing solution that allows merchants, processors, and acquirers to define and adjust routing rules in real time. Users can decide how to route a transaction based on specific criteria, …

Block Inc.’s Square point-of-sale unit announced the launch of SquareAI in the United Kingdom. The technology, which Square says is free to merchants, offers conversational AI intended to help business owners interpret their data and arrive at decisions faster. Payments provider Blue Payment Agency Inc. expanded its focus to help e-commerce sites, especially those …

Visa Inc. announced Visa Direct, its near real-time payment service soon will offer cross-border money movement into the Chinese mainland via a partnership with UnionPay International, the Chinese card brand. The Fiserv Small Business Index, which tracks small business transaction activity across the Fiserv Inc. merchant base, declined one point to 143 …