Transalliance, a consortium of major banks, Electronic Data Systems Inc., and the Exchange network, said Ent Federal Credit Union will participate in Exchange's automated teller machine and point of sale network.
In addition to offering network membership, Transalliance will process transactions for all of the Colorado Springs credit union's ATM and Visa check cards and will drive the credit union's 23 ATM terminals.
Ent has 150,000 members and assets of $1 billion. It has a card base of 90,000 credit and debit cards.
Visa Unveils ProductsFor Financial Planning
SAN FRANCISCO-Visa U.S.A announced the availability of two financial planning and decision-making tools: Visa Commercial Card Products Financial Quick Planner and an enhanced version of it.
The Quick Planner is designed for banks that are new to the Visa commercial card program and helps project its profit potential. The product also helps Visa banks offer extensive profit-and-loss reporting options.