RAPID CITY, S.D. - (08/03/04) -- Black Hills FCU, the state's largestcredit union, has contracted with TWS Systems Inc. To convert itstransactions processing operations to an image-based system. The$480 million credit union chose IMAGECENTER BY TWS, a back officeprocessing solution , to serve as a collection point fortransactions originating at its branches. The open design ofIMAGECENTER will allow the credit union to protect its investmentin its existing technology and eliminate the need for expensivesystem modifications.
-
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
10h ago -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
June 18 -
Like the Olympics, the event is used to push and measure engagement and appetite for emerging checkout options.
June 18 -
The Treasury's Financial Crimes Enforcement Network and federal banking and credit union agencies limited issuers' know-your-customer obligations to direct-to-consumer services, preliminarily rejecting a "global" customer due diligence requirement they say is unfeasible.
June 18 -
The bank is following in the footsteps of Goldman Sachs, which made a similar move in April.
June 18










