ST. PETERSBURG, Fla. - (12/08/04) -- PSCU Financial Services said Tuesdayit has introduced a new electronic credit card statement deliverysystem. The system, called PayLynx Statement Source, is powered byCheckFree's iSeries software. The new system, which was introducedin a pilot with 13 credit unions, allows cardholders to choose toreceive a credit card statement through a credit union-brandedPayLynx site or CheckFree direct bill payment site. Enrolledcardholders receive an email notification when their online creditcard statement is available. The email contains a brief summary,with an embedded link leading to a more detailed page.
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A bottleneck at the Small Business Administration in clearing federal small business loans because of the ongoing federal government shutdown is becoming an increasingly urgent issue for small and even some midsized banks.
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BayFirst Financial, which has reported problems with SBA loans, expects to reach an agreement with its regulators in connection with credit administration and other issues.
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A report from J.D. Power indicates that the neobank Chime gained the highest percentage of newly opened checking accounts in the third quarter of 2025.
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The court upheld the Federal Reserve Board's right to block Custodia from direct access to its payment systems. The bank is considering asking for a rehearing.
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The Tacoma, Washington-based bank, which has completed two mergers since 2023, said Thursday that it will buy back up to $700 million of its own shares over the next year.
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