- COLUMBUS, Ohio (03/02/01) -- R.C. Olmstead, Inc.said it has reached an agreement with CheckFree to deliverCheckFree's electronic billing and payment service to its 170credit union clients' websites. Using CheckFree's Web Pay viaCheckFree's Genesis payment engine, client credit unions will beable to offer members the opportunity to track and make payments toany national or regional billers who participate. R.C. Olmsteadoffers data processing solutions to credit unions.
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The credit card giant must reckon with the high costs of integration before it can start reaping the benefits from its landmark acquisition. CEO Richard Fairbank said Tuesday that those costs will exceed the company's original $2.8 billion guidance.
7h ago -
The D.C. District Court found the Trump administration's firings of two Democratic board members on the National Credit Union Administration to be "unlawful" and ordered Todd M. Harper and Tanya F. Otsuka to be reinstated.
8h ago -
The Federal Deposit Insurance Corp's decision to scrap Biden-era rules restricting industrial banks raises hopes for firms seeking to establish ILCs, but that doesn't mean the entry of the largest retailers and tech firms — whose entry to the industry banks most fear — is imminent.
9h ago -
The Pittsburgh bank is working with the cryptocurrency platform to let PNC customers buy, sell and hold cryptocurrencies.
July 22 -
Sam Altman, the founder and CEO of OpenAI, said the rapidly growing capabilities of AI are rendering many of banks' fraud prevention measures useless and warned of an "impending fraud crisis" if banks don't update their processes.
July 22 -
The Evansville, Indiana-based bank has hired Tim Burke to oversee commercial and community banking, along with wealth, credit and marketing.
July 22