ATLANTA - (05/25/05) -- Edify Corp., a unit of S1 Corp.,said it has introduced the next generation of its speechapplication for credit unions and banks. The new voice bankingsolution, Edify Voice Banking 2.0, will give credit unions andbanks a cost-effective, speech-based way to automate userauthentication, merchant funds verification and branch/ATM locatorhelp without assistance from a live agent. The speech applicationhelps credit unions enhance their brand in the voice channel with afriendly and knowledgeable person named 'Kate'.
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The Florida bank plans to buy Villages Bancorp for $710.8 million, marking its second in-state acquisition of 2025.
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The bank's head of self-directed investing reflects on how her career has progressed at Brown Brothers Harriman, Goldman Sachs and now J.P. Morgan.
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Maryland passes legislation to oversee the earned wage access industry; Truist Financial adds ex-Morgan Stanley Finance Chief Jonathan Pruzan to its board; The Citizens Bank agrees to buy a First Capital Bank branch in North Carolina; and more in this week's banking news roundup.
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The transaction comes as the megabank is determined to simplify its operating model and shed units that have slower growth prospects or aren't core to its business.
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The incident affected 7,500 people. The bank resolved the matter in less than a day.
May 30