SEATTLE - (02/01/06) --Pemco Technology Services Inc. had abusy January, as five credit unions either expanded or switchedtheir credit and debit card processing and rewards programs to thecards processor. The largest was the $700 million-asset Los AngelesFireman's CU, which added Pemco's Extra Awards program to thecash-rebate deal already available on its platinum Visa creditcard. The other four credit unions that signed with Pemco are FiveCounty CU, Keypoint FCU, University of Utah CU and Bowdoinham FCU.Pemco serves 230 financial institutions nationwide.
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JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
11h ago -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
11h ago -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
June 18








