SAN DIEGO - (06/28/06) North Island CU said it hasinstalled a disaster recovery system provided by XOsoft Corp., ofWaltham, Mass. The system uses XOsofts WANSyncHA Server,WANSyncHA SQL for its Microsoft SQL database server, and WANSyncHAExchange for its Microsoft Exchange email server. The Xosoftsoftware suit provides real-time data replication to back-upservers, and automatic failover and failback for the $1 billioncredit union. If a problem occurs with the credit unionsmain server, users are automatically shifted to a back-up server tomaintain business continuity. Once the main server is back online,changes to the data on the back-up server are reflected on the mainserver and the users revert back to the main server.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3