FORT WORTH, TEXAS - (05/11/05) American Airlines CU said itand New Mount Zion Baptist Church CU, a small community developmentcredit union start-up, have won the contract to take over the ATMconcession at Dallas/Fort Worth Airport beginning in June 2005. Thecontract involves 21 ATMs spread across five different DFW AirportTerminals and other airport facilities, and will serve the morethan 20-million airline passengers who pass through the airporteach year. The five-year contract requires that 70% of surchargerevenues be paid to the airport. The $740,000, 3,000-member NewMount Zion Baptist Church CU primarily serves minorities and has a5% participation in the contract.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3