PONTE VEDRA, Fla. - (10/06/04) -- Global Axcess Corp. said itcompleted two deals announced earlier, adding 880 ATMs to itsfledgling fleet, giving it management over almost 3,400 ATMsnationwide. The company paid almost $8 million for the two deals,but refused to disclose who the machines were purchased from.Global Axcess provides a co-branding program for credit unions andcommunity banks through its Nationwide Money Servicessubsidiary.
The Federal Reserve's new chair wants to change the way the central bank communicates with markets and the public. What those changes ultimately amount to could represent a major shift in an agency that has made transparency a guiding light for decades.
The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
The former New York governor will chair a new effort aimed at tokenizing financial products on chain and bringing 24/7 digital trading to NYSE-listed assets.
The service is an alternative to an IPO or a special-purpose vehicle, the bank says.
The company's forthcoming stablecoin, PAYO-USD, is designed to spur increased transaction volume revenue rather than interest income on reserves, a model championed by most stablecoin issuers.
The Bank of England's new guidance changes restrictions following criticisms and concerns about U.S. dominance.
