PORTLAND, Ore. - (04/25/05) -- A quick trip to the local Albertsonsfor milk and bread paid off big for one local shopper who won a newToyota Prius Hybrid car. Jennifer Page had the luckytouch--literally--in the supermarket chain's lottery to mark theintroduction of its Pay By Touch technology--which allows shoppersto pay for groceries with the touch of a finger. The biometricfingerprint technology is used instead of checks or credit/debitcards to debit a customer's credit union or bank account. For thewinning purchase, Page just scanned her finger, entered herseven-digit code, and accessed her existing checking account.Shoppers can enroll to access their credit union or bank accountand/or a Discover/Pulse EFT card, which is offered at 4,100 creditunions and banks. Alberstons offers the Pay By Touch at four areastores. The Pay By Touch system has also been introduced in PigglyWiggly grocery stores in South Carolina and NorthCarolina.
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At a time of mild or nonexistent loan growth, middle-market borrowers in the Lone Star State are providing a boost to Fifth Third Bancorp and Huntington Bancshares.
April 19 -
New details have emerged about the negotiations that culminated in Capital One's blockbuster $35 billion agreement to acquire Discover. At one point last December, the two parties broke off discussions, according to a securities filing.
April 19 -
According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
April 19 -
The Alabama regional lender says it expects expenses to taper off this year and anticipates challenged loans will gradually rise to historically average levels.
April 19 -
Truist Financial's top executive leadership team announces departures; First Horizon's chief credit officer is retiring; Ferry teams with Highnote to roll out a new Visa-branded payroll card; and more in the weekly banking news roundup.
April 19 -
The Dallas-based regional bank tapped a client for its co-pilot capabilities, where employees can message a bot instead of a human to get tech assistance.
April 19