CHARLOTTE, N.C. - (12/01/05) -- In another major milestone for Check21, Viewpointe Archive Services announced Wednesday it has agreedto connect with Fiserv's check clearing network, the largestprivate network in the country. The agreement calls forViewpointe's Point2Pointe image exchange, which operates thelargest archive of check images in the country, to connect withFiserv Clearing Network, and comes a week after Viewpointeannounced a connection with Endpoint Exchange, Metavante'snationwide check clearing network. Connectivity between theViewpointe and Fiserv networks will begin immediately, enablingmore than 5,000 financial institutions served by both networks tobegin exchanging electronic items in early 2006. Viewpointe isowned by Bank of America, JP Morgan Chase and IBM.
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To address a budget deficit, the state of Washington has begun taxing credit unions that buy banks. Critics say there's just one problem: The tax will deter any such acquisitions from happening.
3h ago -
Kohler Credit Union, Think Bank and Communication Federal Credit Union gave their onboarding and direct deposit tech an upgrade through fintech partnerships.
3h ago -
Some distressed companies that tapped the Federal Reserve's Main Street Lending Program say they've been crushed by the agency's hardline stance on modifications.
4h ago -
Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
February 6 -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
February 6 -
Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.
February 6





