BROOKFIELD, Wis. - (07/27/04) -- Fiserv is reporting record EFTvolume at its EFT/CNS business unit for the first half of 2004,saying it has seen robust double-digit growth rates in alltransaction categories. Overall, Fiserv EFT/CNS reported volume ofjust over two-billion transactions, an 18% increase over volumes in2003, said the company, which provides ATM and POS processing.Fiserv said its ACCEL/Exchange Network, the nations fifthlargest EFT network, also reported record volume through mid-year.Six-month transaction totals leapt 25% to 127 million in 2004.Among individual delivery channels, ATM transactions climbed 62% to21 million in 2004, while POS transaction activity increased by 19%to 106 million.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3