CENTENNIAL, Colo. - (05/19/06) -- Open Technology Solutions, a CUSOowned by three large credit unions, said Thursday it has signed anagreement with Fuze Digital Solutions to license the company's FuzeSuite member support system. The deal calls for Fuze to provideeach of the three CUSO owners, Bellco CU, Bethpage FCU and FirstTech CU, and Open Technology Solutions itself, with its suite ofeService and knowledge management components. The Fuze Suitecaptures every interaction with members to give staff access to thehistorical insight they need to respond more effectively and bettersupport relationships with members. The CUSO will offer the FuzeSuite to its credit union customers which use its core processingsystem. Fuze Digital is based in Bellevue, Wash.
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At a time of mild or nonexistent loan growth, middle-market borrowers in the Lone Star State are providing a boost to Fifth Third Bancorp and Huntington Bancshares.
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New details have emerged about the negotiations that culminated in Capital One's blockbuster $35 billion agreement to acquire Discover. At one point last December, the two parties broke off discussions, according to a securities filing.
April 19 -
According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
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The Alabama regional lender says it expects expenses to taper off this year and anticipates challenged loans will gradually rise to historically average levels.
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Truist Financial's top executive leadership team announces departures; First Horizon's chief credit officer is retiring; Ferry teams with Highnote to roll out a new Visa-branded payroll card; and more in the weekly banking news roundup.
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The Dallas-based regional bank tapped a client for its co-pilot capabilities, where employees can message a bot instead of a human to get tech assistance.
April 19