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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First Northwest Bancorp in Port Angeles has selected an Everett, Washington-based competitor's president to serve as its new top executive.
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The Charlotte-based megabank announced that it had appointed two business leaders to be co-presidents of the bank, and elevated its chief financial officer to serve as executive vice president.
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The Massachusetts bank is being accused of aiding and abetting the operation of a Ponzi scheme centered in Hamilton, New York. The bank declined to comment on the allegations.
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City National Bank promotes Brandon Williams to head private banking and wealth management; a former U.S. Postal Service letter carrier is sentenced to five and a half years for stealing over $10 million in checks from the mail; Lazard expands its North American investment banking franchise with two managing director hires; and more in this week's banking news roundup.
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The government-powered network is allowing larger payments to settle instantly, a move The Clearing House has also made for its RTP network. Payment experts say more than higher limits are needed to make speedy processing ubiquitous.
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The world's largest stablecoin issuer is preparing to launch USAT, its U.S.-regulated, dollar-backed stablecoin, by the end of the year, Tether CEO Paolo Ardoino told reporters at an event in New York. Bo Hines was also named CEO of USAT.
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