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Market Intelligence:
AI
Payments
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Industry Data
  • Payments
    Debit Charges Visa

    SAN FRANCISCO – Payments giant Visa Inc. said continued double-digit growth in its debit business helped fuel a 40% rise in fiscal third quarter income to $1 billion.

    July 27
  • Growth strategies
    SAC FCU Expands To Four Nebraska, Iowa Counties

    BELLEVUE, Neb. – SAC FCU, Nebraska’s second-largest credit union, announced the addition of four new counties: Washington and Saunders in Nebraska, Mills and Harrison in Iowa, to its existing field of membership of Douglas, Sarpy and Cass Counties in Nebraska and Pottawattamie County in Iowa.

    July 27
  • Technology
    Coca-Cola Company Family FCU Adds Geezeo Platform

    ATLANTA – The Coca-Cola Company Family FCU has selected Geezeo to provide its personal financial management solution and integrated marketing platform.

    July 27
  • Lending
    FAA CU Partners With BlueYield’s Auto Loan Exchange

    OKLAHOMA CITY, Okla. – FAA CU said it has signed with BlueYield to join the company’s consumer auto finance lending exchange, and will offer a unique cash-back program for AAA Oklahoma members as part of the deal.

    July 27
  • Payments
    Pinnacle FCU Sells Cards To Elan Financial In Agent Issuing Deal

    EDISON, N.J. – Pinnacle FCU said yesterday it has sold its $13 million, 5,000 account Visa card portfolio to Elan Financial Services as part of an agent issuing contract.

    July 27
  • CUJ content
    Join CUJ’s ‘Day In The Life’ Project

    WEST PALM BEACH, Fla. – You’ve likely heard countless advertisements urging you to “Act Now!” With Credit Union Journal’s Day in the Life of Credit Unions project, it’s good advice.

    July 27
  • Corporate credit unions
    Texas Dow Employees CU Joins Corporate One FCU

    LAKE JACKSON, Texas – Texas Dow Employees CU said it joined Ohio’s Corporate One FCU.

    July 27
  • CUJ content
    Latest Wall Street Suit Targets UBS Sales To Fannie, Freddie

    WASHINGTON – The federal regulator for Fannie Mae and Freddie Mac on Wednesday filed suit against UBS to recover more than $900 million of losses after the Swiss bank allegedly misled the housing agencies into buying $4.5 billion of risky mortgage debt.

    July 27
  • CUJ content
    Suspect Charged In $156,000 CU Heist

    BIRMINGHAM, Alabama – A 21-year-old Tuscaloosa man was indicted by a federal grand jury Tuesday for an April 26 robbery at Tuscaloosa CU when $156,171 was stolen.

    July 27
  • Growth strategies
    Los Angeles Buses, Billboards Feature SCE FCU Members

    IRWINDALE, Calif. – SCE FCU is launching a “People Powered Banking” branding campaign this week, featuring members’ images on buses and billboards throughout Los Angeles.

    July 27
  • CUJ content
    Latest CU Bid To Buy Bank

    ST. JOSEPH, Mich. – United FCU, an active acquirer of troubled credit unions, announced today it plans to acquire Griffith Savings Bank, an troubled$80 million bank in Indiana.

    July 27
  • CUJ content
    Corporate Battle Heats Up Over S1 Corp.

    ATLANTA – Shares in S1 Corp. traded higher when the markets opened this morning as Israel-based Fundtech Ltd. reminded investors that its agreement to merge with S1 Corp. has not been finalized yet and could fall prey to yesterday’s higher offer by ACI Worldwide to acquire S1.

    July 27
  • Lending
    Texas Tech FCU Inks Deal For MRG’s Mortgage Doc Solution

    LUBBOCK, Texas – Texas Tech FCU has chosen MRG’s Miracle Online platform for its mortgage document preparation needs.

    July 26
  • CUJ content
    Connexus CU Launches Car Finder Auto Buying Service

    WAUSAU, Wis. – Connexus CU said its new Car Finder service makes it easy to search for new or used vehicles, compare vehicles, get quotes, find the latest information on rebates and incentives, and more via one site.

    July 26
  • Technology
    1st Advantage FCU Signs For Micronotes’ KulaX Cross Sell Engine

    NEWPORT NEWS, Va. – 1st Advantage FCU said yesterday it will deploy a new cross sell engine called KulaX, powered by Micronotes, on its online banking portal.

    July 26
  • Technology
    Northern Lights FCU Adds IronKey Cyber Protection

    ST. JOHNSBURY, Vt. – Northern Lights FCU has signed with IronKey to issue its members IronKey Trusted Access for Banking, a secure browsing solution that prevents identity theft, payments fraud and online banking account takeover.

    July 26
  • CUJ content
    BMI FCU Implements New Symitar Failover Service

    DUBLIN, Ohio – BMI FCU is one of the early adapters of Jack Henry & Associates’ new hosted failover service for in-house users of its Symitar Episys core processing platform.

    July 26
  • CUJ content
    Earnings Decline At Fiserv Due To Debt Extinguishment

    BROOKFIELD, Wis. – Fiserv reported yesterday its second quarter earnings dropped 29% to $9 million, as the company took a $61 million charge for the early extinguishment of debt.

    July 26
  • CUJ content
    Cardtronics Adds 3,700 New ATMs In Midwest

    HOUSTON – Cardtronics on Tuesday said it completed the acquisition of Efmark Deployment’s EDC ATM business and its 3,700 ATMs, mostly in the Midwest and Great Lakes region.

    July 26
  • CUJ content
    S1 Rejects ACI Worldwide Bid

    ATLANTA – S1 Corp. yesterday acknowledged a bid from ACI Worldwide but said it is bound by its previous merger agreement with FundTech Ltd., apparently rejecting the higher offer.

    July 26
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

ABM1025_Cover.jpg

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