Fintech

Cardtronics has continued its acquisitions spree with a deal to acquire Cardpoint Ltd., an operator of 7,100 ATMs in the U.K. and Germany, for $153 million cash, representing the ATM giant's first foray into Continental Europe.

The Lamassu machine, a so-called Bitcoin ATM, is a rare device that makes it possible for the unbanked to obtain digital currency. It was invented by a pair of guitar-store proprietors who wanted to break into the payments industry — and are prepared to face the music when regulators take notice.

GRANDVILLE, Mich. – First United FCU said it converted to a state charter and was granted a field of membership that encompasses 22 counties with a population of almost 2.6 million people, the latest in a growing number of FOM grants awarded by state regulators amounting to some of the broadest community charters ever awarded.

COLUMBUS, Ohio – KEMBA Federal Credit Union has been given approval to start serving people in Fairfield, Licking and Union counties.

DUBUQUE, Iowa – Alliant CU has formed an alliance with Ameriprise Financial and Leibfried & Associates, a local Ameriprise financial advisory practice, to provide financial planning and investment services for the credit union’s members.

Even if the Federal Reserve Board does not backtrack sharply on its debit-fee cap as a result of last week's court ruling, the legal battle has created fresh uncertainty that may have some U.S. issuers questioning their long-term strategy.

Alberta's government used Datacard Group's instant card issuance system to provide funds to residents who evacuated their homes following flooding in southern Alberta.

Virtual Piggy, which provides an online youth payment system, now offers digital gift cards on its website through a deal with the prepaid card company InComm.

Fifth Third in Cincinnati is selling $85 million worth of shares of the processor Vantiv, its former subsidiary.

The payments industry was thrown for a loop when a judge struck down the Federal Reserve Board's cap on debit interchange fees. It was the latest twist in a long-running saga that is far from over.