ATLANTA - (11/16/04) -- Harland Financial Solutions, awholly owned unit of John H. Harland Co., said Monday it hasacquired Fair Isaac Corp.'s core data processing business, whichwill be combined with the company's core processing operations for1,000 banks and credit unions. The operation, based in Heathrow,Fla., includes the Phoenix System that operates in both Windows NTand Unix environments, and the Phoenix Internet Banking System,known as IBANK, and the TradeWind international trade financemanagement system. Terms of the deal were not disclosed.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
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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.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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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.
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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.
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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.
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