- 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.
-
Amerant Bancorp in Coral Gables, Florida, appointed Carlos Iafigliola its permanent president and CEO; Morton Community Bank in Illinois reached a deal to buy a three-branch franchise in the Land of Lincoln; Bank First in Manitowoc, Wisconsin, agreed to acquire PSB Holdings; and more in this week's banking news roundup.
May 22 -
President Donald Trump administered Federal Reserve Chair Kevin Warsh's oath of office in a ceremony Friday morning. Warsh is expected to pursue changes at the central bank, including a push to reduce its $6.7 billion balance sheet.
May 22 -
Federal Reserve Gov. Christopher Waller said in a speech Friday that he favors holding interest rates steady until energy prices fall, but noted that the central bank should be ready to hike rates if inflation gets too far out of hand.
May 22 -
Cetin Duransoy said every employee at his company is now using AI in some way.
May 22 -
Many banks are missing revenue and cost-cutting opportunities—and potentially disenfranchising customers by not offering relevant app details.
May 22 -
Lenders pulled back on commercial real estate loans in 2023, as high interest rates put pressure on property values. They're now returning to the sector, and the renewed competition is prompting a pricing war.
May 21








