RICHARDSON, Texas - (10/03/05) -- Texans CU said it signed athree-year contract with SBC Communications for IP telephony andnetwork services. The new will provide the $1.5 billion creditunion. Under the deal, SBC companies will provide SBC PremierSERVIP Telephony Advantage managed services for Voice over IP. SBCcompanies will also provide SBC PremierSERV Network-based VirtualPrivate Network, SBC PremierSERV Data Center Hosting and OPT-E-MANservice. These services will provide a converged IP network forvoice, video and data, which will result in increased efficiencies,lower costs and simplified network management, to all of the $1.5billion credit union's 26 branches.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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