DALLAS – TNB Card Services announced yesterday it has acquired four more credit union cards portfolios, from Northeast Panhandle Teachers FCU, Southern Lakes CU, American FCU and Saugus FCU. The latest deals make a total of 21 portfolios acquired from credit unions in 2006. TNB Card Services is a wholly owned unit of Town North National Bank.
The Federal Communications Commission proposed a $4.5 million fine against Voxbeam Telecommunications, which it accused of facilitating fraud scams. Many of the calls spoofed phone numbers belonging to American banks.
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The Cincinnati bank's Newline business is now its fastest growing commercial payments segment.
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After French authorities stopped a bomb plot against a Bank of America office in Paris, security experts warned banks to step up their preparations for terror attacks.
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