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.
What was once a bipartisan and broadly popular housing bill has been weighed down with a pair of provisions that banks can't support. Even with those headwinds, the bill is more likely than not to pass, but not without drawn-out negotiations between the House and Senate.
Federal Reserve Gov. Michael Barr said in a speech Tuesday afternoon that he wants to see a durable and reliable reduction in consumer price inflation before he considers cutting the central bank's interest rates.
B2 Bank in Minnesota, which recently exited a regulatory action in connection with its banking-as-a-service business, announced the hires of a new CEO and two other senior executives.
The company's investment advisory subsidiary was dinged for failing to properly disclose that its allocation of certain client assets represented a conflict of interest.
Western Union CEO Devin McGranahan said at the Digital Asset Summit in New York that stablecoins were a great way to earn float revenue on money moving through its network. But the possibilities didn't end there.
The payment firm's P2P app, which has only been available in the U.S., will provide a new lane for remittances and other cross-border payments.
