OKLAHOMA CITY - (08/03/05) -- Advanced Financial Solutions Inc.Said Tuesday it has introduced an Image Quality Assurance suitethat inspects the front and back of each check image, testing for avariety of potential image quality and usability problems. All 49tests of the AFS IQA Suite conform to or exceed industry metricsfor image quality and usability. This ensures that images presentedthrough the check image exchange networks have met the industry'smost rigid standards and confirms the integrity of the check image.AFS is a unit of Marshall & Ilsley Corp.'s MetavanteCorp.
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The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
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The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025.
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The 23rd annual dinner honored bankers and finance leaders at the top of the industry.
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Zelle's parent Early Warning Services said Friday it was planning to take its peer-to-peer payments network international through a new stablecoin initiative. It says the details will come later.
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Nicolet Bankshares has agreed to buy MidWestOne Financial in an $864 million, all-stock deal. The acquisition will move the Wisconsin-based buyer into Iowa and the Twin Cities, while also allowing it to vault past a key regulatory threshold.
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A think tank report details setbacks in U.S. cyber strategy, from shuttered partnerships and staff cuts to the expiration of key info-sharing laws.
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