Indian CU Gambles On New GamingContracts

May 18, 2005, 1:00 a.m. EDT 1 Min Read

MAHNOMEN, Minn. - (05/18/05) -- White Earth Reservation CU said ithas contracted with FastFunds Financial Corp. To help it providefinancial services to Shooting Star Casino, Hotel and Event Center.The contract calls for the credit union to complement FastFunds'ChexGuard electronic check conversion system and CreditGuard creditcard advance system. ChexGuard electronically converts customerchecks into an electronic transaction using VISA banking rail toverify the account is open and there are sufficient funds in theaccount. CreditGuard is a proprietary credit and debit card cashadvance system that allows casinos and retail customers to havefunds electronically transferred into their account. FastFundsoperates through its wholly owned subsidiary Chex Services,Inc.

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