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3Rivers Federal Credit Union in Indiana will pay about $38 million for West End Bank.
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It’s not yet time to retire the notion that businesses favor checks for supply chains, but deployments in multiple markets signals a turning point in modernizing B2B payments.
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Once the merger between Infinity FCU and Vibrant CU is completed, the combined institution will have 17 branches across five states.
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The year's second-biggest bank merger created a Midwestern regional with nearly $50 billion in assets, and its CEO and executive vice chairman don't intend to stop there.
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The Pittsburgh bank is using software initially developed by a fellow mutual to help build out its platform.
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The Federal Housing Administration is aiming to limit the share of borrowers who have been withdrawing money from the value of their homes.
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Credit unions have announced a number of new hires and promotions in areas such as lending and retail operations.
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Standardizing charge backs would make management easier, and merchants would only have to understand one set of protocols, which could also standardize responses, says Monica Eaton-Cardone, COO of Chargebacks 911 and CIO of its parent company Global Risk Technologies.
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The health care payments market is big – accounting for over one in six dollars of the U.S. GDP – yet it remains perpetually outdated with its heavy reliance on using paper statements for sending out bills.
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If your employees are unhappy, your customers will be the first to notice. Showing a little appreciation may be an investment in keeping both.
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