Wescom Resources Group (WRG), a CUSO of Wescom Credit Union, said that two CUs have selected its CU Integrator Software Development Kit (SDK) for integration with Symitar's Episys system. Choosing the solution were $946-million Baxter Credit Union, Vernon Hills, Ill., and $913-million Wright-Patt Credit Union, Fairborn, Ohio.
The Carefull tool integrated into Edward Jones accounts aggregates client accounts and monitors for fraud or mistakes.
Banks are merging the ubiquity of fiat money with the advantages of digital networks and are building the kinds of products crypto firms can't match.
More than 20,000 consumers have seen their bank accounts abruptly terminated in recent months. Experts believe financial institutions are responding to the Trump administration's restrictionist immigration policies.
President Donald Trump said he wouldn't sign the housing bill, which includes several riders aimed at helping community banks, until Congress passes the SAVE Act.
The international bank software company divested the remainder of its bank core software after selling off its Phoenix core system earlier this month.
