ORLANDO, Fla. - (06/13/06) CFE FCU announced it has signeda long-term agreement for PSCU Financial Services to provideprocessing support for the credit unions signature debitprogram. The credit union also signed a five-year contractextension for credit card processing services with PSCU. The $950million credit union, known till recently as Central FloridaEducators FCU, plans to use the PSCU processing to leverage severalother credit products, including a new Platinum card program withrewards and customized account management and pricing features. The69-year-old credit union will also use PSCUs AdvisorsPlusservice to develop new cardholder retention, activation,profitability and targeted marketing strategies.
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The international bank software company divested the remainder of its bank core software after selling off its Phoenix core system earlier this month.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
June 23 -
Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
June 23 -
New York State's attorney general has reached settlements with the two banks, which will pay a combined $90,000 in penalties in connection with alleged violations of rent stabilization laws.
June 23 -
The payment company is expanding the Afterpay buy now/pay later network and offering a Cash App mobile plan as it tries to draw consumers from legacy financial institutions and rival payment firms.
June 23 -
Senators from both parties criticized banks over overdraft fees, though populist Republicans and their more establishment conservative colleagues were split over whether blame for the problem lies with banks conduct or the consumers.
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