BROOKFIELD, Wis. - (04/05/05) -- Fiserv said its IntegraSys unitsigned three more credit unions for its Premier core processingsystem. They are: Pittsburgh Central FCU, Wexford, Pa.; MemberService FCU, Little Rock, Ark.; and MS National Guard FCU, Jackson,Miss. The three credit unions will implement the company's coreprocessing system, as well as EFT processing, Loan Advantage onlineprocessing, e-fichency document and report imaging, and NationalAudio Response Center telephone banking systems.
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Federal Reserve Vice Chair for Supervision Michelle Bowman outlined upcoming changes to the bank regulatory capital framework in a speech Thursday, focusing on streamlining bank capital requirements through Basel III and Global Systemically Important Bank surcharge rules.
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The bank-owned instant payment network has added a new use for its seldom-mentioned disbursement business.
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Noelle Acheson argues that banks' focus on deposit tokens rather than stablecoins is a clear example of the "innovator's dilemma" at work: few economic incentives to embrace the innovation happening at the periphery.
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The conflict with Iran has thrown volatility into bank stock prices, which is often the currency of dealmaking. "Stability is important to be able to do deals," one analyst said.
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