GLASTONBURY, Ct. - (07/26/04) -- Open Solutions Inc. announced Fridayit has acquired Omega Systems Corp. of North America, a Dryden,N.Y.-based company specializing in remittance and lock boxsolutions. Under the terms of the deal, OSI will pay $2.5 millionin cash for Omega Systems, its third acquisition this year.Earlier, OSI agreed to acquire EastPoint Technologies and re:Member Data Services. Omega Systems offers a product line thatintegrates image capture remittance processing with archive andretrieval and allows for ACH and Check 21 processing.
-
While banks will likely increase near-term dividend plans, analysts and investors are more focused on the long-term outlook for capital requirements from regulators.
4h ago -
The Missouri bank surveyed consumers about what kind of financial management tools they use, then built its My Finance360 tool in response.
5h ago -
GodFather malware mimics and manipulates real financial apps on Android devices, exposing sensitive data without user suspicion.
7h ago -
As banks consider their strategies, other big names are also considering a role for digital assets.
8h ago -
The Financial Technology Association — which had been granted the right to defend the Consumer Financial Protection Bureau's open banking rule after the bureau declined to defend it — filed a motion Sunday to preserve the rule.
9h ago -
Kevin Fromer, who has headed the Financial Services Forum since 2017, announced his departure Monday. Fromer transformed the Financial Services Forum to advance the interests of the largest U.S. banks.
10h ago