NEW YORK - (06/14/06) United Nations FCU announcedMonday it has signed with FNX Solutions to install thecompanys web-based Sierra ASP solution for cross-tradingoperations in the treasury and capital markets. Sierra ASP'sback-office capabilities will improve the efficiency andproductivity of the operational staff at the UN by allowingseamless processing of transaction life cycle events and postsub-ledger accounts. UN FCU will be able to expand their investmentportfolio into many currencies, accomplish STP from trade entrythrough to general ledger, and will receive more accurate andtimely information to assess risk.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
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.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
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.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3