SDCCU Goes With ZashPaySAN DIEGO-San Diego County Credit Union is now offering same day payments capability via mobile devices following an agreement with ZashPay, which will allow members to set up recurring payments or to schedule payments as needed. The solution is part of Fiserv's CheckFree RXP platform.mFoundry Surpasses 400 ClientsSAN FRANCISCO-mFoundry, a provider of SaaS-based mobile banking and payment solutions, reported that more than 400 U.S. financial institutions have now selected mBanking, its flagship mobile banking and payments solution.For info: www.mfoundry.com.Ensenta, Mitek Team UpREDWOOD SHORES, Calif.-Ensenta, a provider of self-service remote deposit capture and risk management, said it has joined forces with Mitek Systems, Inc., a provider of mobile-imaging applications, to provide a wide-ranging mobile remote deposit solution.For info: www.ensenta.com or www.miteksystems.com.CoreLogic Intro's VOMSSANTA ANA, Calif.-CoreLogic. a provider of information, analytics and business services, has introduced Verification of Military Status (VOMS), a compliance and loan portfolio due-diligence solution as part of its Verification Services suite for verifying borrower data. VOMS allows mortgage servicers to quickly and accurately identify borrowers protected under the Service-members Civil Relief Act of 2003, the company said.For info: www.corelogic.com/voms.Granite Goes With FLEXSANDY, Utah-Computer Marketing Corp. reported its latest client, the $330-million Granite Credit Union in Utah, has gone live on its FLEX solution. This signing follows nearly 20 new client agreements throughout the nation over the past year, the company said of the system that is engineered in JAVA and serves the core processing needs of both on-line and in-house CUs. CMC now serves nearly 275 clients.Jwaala Signs KEMBAAUSTIN, Texas-Jwaala, an online banking provider, said that the $600-million KEMBA Financial CU, Columbus, Ohio, has gone live with its Better Online Banking (BOB) platform. For info: www.jwaala.comEllie Mae Slates ReleasesPLEASANTON, Calif-Ellie Mae, a provider of software and automation solutions, has announced the first of two annual releases scheduled for Encompass360. This release includes compliance upgrades, increased eFolder capabilities, new tools to help maximize trade management, multiple persona pipeline views, new zip code database configurations and other tools designed to help users better fulfill their daily operations. For info: www.elliemae.com.
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The top five banks and thrifts have combined total assets of nearly $13 trillion.
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After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.
April 22 -
The Federal Reserve's Office of the Inspector General says the Fed has yet to fulfill 65 recommendations, and also identified 18 outstanding issues at the Consumer Financial Protection Bureau.
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The bank will use biometric authentication to streamline checkout in stores starting in 2025. It has already completed internal and external pilots of the technology.
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Banks reported nearly $27 billion had been tied up in scams or theft against elderly people in a recent 12-month period, according to a report from the U.S. Treasury.
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The Federal Deposit Insurance Corp. says it's ready to wind down the global systemically important banks. But until that happens, many in the banking industry are skeptical that regulators have actually developed a workable strategy to end "too big to fail."
April 22