650 Community Banks Can Now Offer Bitcoin Purchases Through NCR, NYDIG Partne...
650 U.S. community banks and credit unions serving some 24 million users will be able to offer the ability to buy, sell and hold bitcoin.Enterprise payments firm NCR has partnered with institutional bitcoin solutions provider NYDIG to allow 650 U.S. banks and credit unions to potentially offer bitcoin purchasing services to an estimated 24 million total end users, reported Forbes."We're firm believers in the benefits of crypto and the strategic application," the NCR president of digital banking, Douglas Brown, told Forbes. "And that's true for our banking relationships, as evidenced by....
Related News
A new deal with NCR and NYDIG has opened up a way for banks across the U.S. to offer Bitcoin buying options to their customers. Forbes reported that the deal would enable community banks including North Carolina-based First Citizens Bank and credit unions including Bay Federal Credit Union in California would be able to offer […]
NYDIG looks set to deliver on its promise to enable millions of Americans to buy Bitcoin from their bank accounts in 2021. New York Digital Investment Group (NYDIG) has partnered with the Atlanta-based enterprise payment behemoth NCR to enable Bitcoin (BTC) services for banks and credit unions in the United States.According to Forbes on Wednesday the deal will see 650 banks and credit unions in the U.S. able to provide Bitcoin trading services to their over 24 million customers.Apart from Bitcoin trading for its banking and credit union clients, the NCR is also reportedly eyeing BTC....
U.S. lenders are keen to get in on the crypto trading action and could soon allow customers to buy Bitcoin right from their accounts. The era of American banks regarding cryptocurrencies as evil might be coming to an end.According to a report by CNBC on Wednesday, New Digital Investment Group has inked a partnership with fintech staple Fidelity National Information Services, better known as FIS, to provide a framework for United States banks to offer crypto trading services to their customers.Patrick Sells, bank solutions chief at NYDIG, told CNBC that several banks have already signed up....
Jack Henry & Associates has partnered with NYDIG to offer bitcoin services to legacy financial institutions in software as a service model.
Customers of U.S. banks will soon be able to buy, hold and sell bitcoin through existing accounts, according to NYDIG.