BROOKFIELD, Wis. - (04/14/05) -- Fiserv said it has introduced afully integrated, end-to-end system for the electronic processingof business customer deposits from the business office all the wayto presentment and clearing. The iLINK Remote Deposit system willallow business customers of credit unions and banks to scan checksthen use digital images and image replacement documents to presentand clear inter-bank checks. iLINK Remote is available in anoutsourced environment to Fiserv check processing customers and ina software application through Fiserv's BANKLINK unit as part ofits iLINK Cash Management platform.
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The president of the planned Georgia Skyline Bank says he's cautiously optimistic that his group can raise $35 million of startup capital in time for an opening early next year.
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The Trump administration has ordered banking agencies to root out and identify instances of politically-motivated debanking while at the same time raising pressure on banks to scrutinize or potentially sever their ties with liberal nonprofit clients. That dynamic creates a compliance puzzle with no obvious answers, experts say.
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Some customers reportedly complained about getting locked out of their accounts after signing up for the bank's new Strata Elite credit card. "We feel like we have done the right thing for all of our good customers," Pam Habner, Citi's head of U.S. branded cards, said Tuesday.
October 21 -
Speakers at the Most Powerful Women in Banking conference Tuesday shared several scenarios in which banks will benefit from dollar-pegged cryptocurrency.
October 21 -
The McClean, Virginia-based bank said Tuesday that credit quality remained strong in the third quarter, and that it has approved a plan to buy back $16 billion of common stock. It's temporarily tapping the brakes on loan growth as it digests the Discover acquisition.
October 21 -
At American Banker's Most Powerful Women in Banking Conference in New York City, former Most Powerful Women in Banking honorees said to build skills that you can take with you outside of a big bank, and that banks should reward risk-taking and building over incremental change.
October 21