INDEPENDENCE, Mo. – United Consumers CU has signed with Fiserv to consolidate its card based offerings -credit, debit and ATM transactions on a single gateway service.
With the credit gateway service, Fiserv acquires credit transactions directly from Visa or MasterCard and forwards them to issuers or their core processor for host authorization.
United Consumers, a $135 million credit union, is longtime client of the Spectrum account processing solution from Fiserv.
Banco Santander's pending acquisition of Webster Financial got approval from the Federal Reserve Board about five months after the deal was first announced.
Brokerages are too dependent on the billions they make every year from clients' uninvested cash, industry analysts say. LPL is responding with a long-term review of its pricing.
The social media app has partnered with Cross River to manage tasks such as compliance and deposit insurance. But fintech experts say more work is needed before X can threaten traditional banks.
Big banks, including San Francisco-based Wells Fargo, are eager to defend themselves from the competitive threat posed by stablecoins, analysts say.
The remittance company and stablecoin payments platform Rain are launching Stablecard, a digital wallet and Visa secured credit card backed by Western Union's stablecoin, the U.S. Dollar Payment Token, or USDPT.
Two presentations at The American College of Financial Services' CAAFP discussed how successful careers in the industry require both technical and emotional skills.
