ST. PETERSBURG, Fla. - (02/14/06) -- The Armed Forces Financial Networkand MasterCard International announced Monday that U.S. troopsdeployed around the world can use their AFFN-branded cards toaccess MasterCard's Maestro merchant and Cirrus ATM debit networks.AFFN, which is jointly owned by defense credit unions and banks,and MasterCard began a pilot of the program in December 2004.AFFN-qualified credit union and bank identification numbers havebeen added to the Maestro and Cirrus BIN tables. In addition,merchants are being told to treat the AFFN network as synonymouswith Maestro. There is no need for new cards, new branding ormembership standards, the two partners say. AFFN serves more than337 financial institutions around the world and 92 millioncardholders, at more than 181,000 ATMs and 1.2 million merchantlocations.
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Banco Santander's pending acquisition of Webster Financial got approval from the Federal Reserve Board about five months after the deal was first announced.
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Two presentations at The American College of Financial Services' CAAFP discussed how successful careers in the industry require both technical and emotional skills.
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