- HOUSTON (11/07/00) - Pulse said it is installingsoftware and hardware that will allow credit unions and otherfinancial-institution members and their transaction processors tomake remote adjustments on ATMs and point-of-sale terminals. Thesoftware and hardware will also allow companies to retrievetransaction data from remote locations. Pulse announced Friday thatit will use a browser-based system developed by InfoLynx, ofIselin, N.J. The browser will carry the brand, Pix2, short forPulse Information Exchange. Users of Pix2 will be able to look uptransaction histories and make adjustments from a desktop computer.The system, which will be linked to 45,000 ATMs and 265,000 POSterminals, is scheduled to go online by June 2001.
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Investors seemed to agree with CEO Barry Sloane's argument that strong earnings will outweigh a jump in nonaccrual loans.
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While other European-based banks have retreated from the United States, Santander is doubling down by building out its nationwide digital-banking platform. "Unequivocally," said U.S. CEO Christiana Riley, "the opportunity … is so clear."
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Federal Reserve Chair Jerome Powell declined to say whether he would depart the central bank after his chairmanship ends next year, as is typical with Fed chairs who are not reappointed. He also pushed back on criticism from one potential replacement.
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The payment company joins other firms that are expanding apps in Europe, where Apple has agreed to ease access to supporting technology. Plus, the U.K. plans a new crypto crackdown.
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The Treasury secretary tells the House Financial Services Committee that he is vetting candidates to fill the role and says acting Chair Travis Hill has been effective.
7h ago -
The credit union partnered with Bloom Credit to offer members a new way to build their credit score by sharing rent and utility payment data.
7h ago