BROOKFIELD, Wis. – The acquisitive Fiserv, fresh off two deals earlier this week, on Wednesday said it has acquired Maverick Network Solutions, a Delaware-based provider of advanced prepaid, reward and incentive card programs.

ONTARIO, Calif. – Financial Service Centers Cooperative and CU Wireless, a CUSO owned by MaPS CU, have launched a service offering mobile text banking capability to members of all credit unions affiliated with the shared branching network.

WASHINGTON – Several key lawmakers expressed support yesterday for a joint credit union and bank effort to delay the proposed rule capping fees on debit transactions, but none has committed to introducing a bill yet.

WASHINGTON – Credit unions executives, mindful of the losses they realized on the collapse of the corporate credit union system, are slowly calculating whether to recapitalize the corporates.

CLEVELAND – The former CEO and eight members of St. Paul Croatian FCU were indicted this afternoon on charges related to last year’s collapse of St. Paul Croatian and a $170 million fraud that caused one of the biggest credit union losses ever. The indictments charge Anthony Raquez, the CEO of the one-time $240 million credit union, with issuing more than 1,000 fraudulent loans totaling more than $70 million to more than 300 members at St. Paul from 2000 to April 2010. The indictment also charges him with accepting more than $500,000 in bribes, kickbacks and gifts from St. Paul members who fraudulently obtained loans. The indictment also charges him with four money laundering counts for issuing checks totaling $371,800 drawn on his St. Paul account payable to The Vanguard Group. Today’s charges follow a January indictment on fraud charges of Koljo Nikolovski, a Croatian crime figure who allegedly borrowed millions of dollars from the St. Paul Croatian with no intention to repay the loans. Today’s indictments alleges that Nikolovski obtained several loans from St. Paul and Raguz totaling approximately $2.9 million from 2003 through 2005 that were not repaid. The indictment alleges that he was aided and abetted on some of those loans by his ex-wife and the other individuals named in the indictment. “This was a major fraud perpetrated against shareholders, including by people whose job was to protect shareholders' interests," said Steven Dettelbach, U.S. Attorney for the Northern District of Ohio. "It constitutes self-dealing on the most outrageous scale."

DES MOINES – Dwolla, the low-cost mobile payments provider, announced today the launch of what it is calling the first location-based payment technology, which will allows user to check in at various retailers and use their mobile phones to pay for purchases. The payments start-up, financed by credit unions, says its Dwolla Spots allows users to walk into a store with an iPhone, pull up a map on the phone and click on a participating store's icon and make a payment for a purchase using the phone. The purchase is posted immediately on a computer located in the store. No cash, check or card swipe is needed, eliminating the merchant's cost for hardware, card readers or expensive credit card networks. The payments will cost consumers 25 cents per transaction. Dwolla Spots is exclusive to the Apple iOS and will be released later this month in the Apple App Store. Updates to the Android and Windows 7 versions will debut later this spring. Dwolla is partially financed by The Members Group, an affiliate of the Iowa CU League, and Veridien CU.

SAN DIEGO – A former supervisor at the Pacific Marine CU branch at Camp Pendleton was sentenced Monday to 18 months in federal prison for stealing $100,000 in cash from the branch nearly nine years ago.

LOS ALTOS, Calif. – Guardian Analytics, provider of a popular online security system for credit unions and banks, has secured $11 million in new funding from venture capital firm Split Rock Partners and existing investors Foundation Capital and Sutter Hill Ventures.

LEAGUE CITY, Texas – AMOCO FCU donated more than $33,000 to five local food banks last month.

SAN ANTONIO – Harland Clarke said yesterday it signed with Intersections to market the company’s identity protection services to its 11,000 credit union and bank check printing customers.

MOLINE, Ill. – I.H. Mississippi Valley CU has installed Financial Management Solutions Inc.’s Teller Management System.

ALBUQUERQUE, N.M. – New Mexico Educators FCU has signed with Fynanz to offer the company’s customized private student loans.

WASHINGTON – Despite public announcements of three corporate credit union mergers, NCUA said yesterday it has yet to receive applications for any corporate combinations, with a March 31 deadline for every corporate to submit a business plan approaching.

WASHINGTON – The new Consumer Financial Protection Bureau will take aim at the huge paperwork requirements in the mortgage process as its first project, with a new try at combining disclosures for the Truth In Lending Act and the Real Estate Settlement Procedures Act, according to Elizabeth Warren, the White House advisor who is organizing the consumer agency.

PURCHASE, N.Y. – A top MasterCard official on Tuesday said the cards network is withholding any commitment to create a two-tiered system to apportion debit fees between big banks and small banks and credit unions, and expressed doubt whether a two-tiered system will be workable.

MADISON, Wis. – Lending at credit unions declined again in January, by 0.7%, falling for the fourth straight month, as consumers continue efforts to shed debt, according to CUNA.

CLEARWATER, Fla. – A $2.10 purchase with a Visa card at a local Bi-Lo convenience store paid off in a big way for a member of SRP FCU – the grand prize winner of Visa’s Super Bowl Trip for Life, including round-trip airfare, accommodations and tickets to the Super Bowl for the rest of her life.

BROOKFIELD, Wis. -- Fiserv said this morning it agreed to acquire M-Com, an Atlanta-based provider of mobile banking services for credit unions and banks. The two companies have been partners since 2008, developing and delivering a service called Mobile Money from Fiserv to financial institutions. Financial terms of the deal were not disclosed. Fiserv also said it has agreed to acquire Credit Union On-Line, a Waltham, Mass., CUSO that that runs an outsourced version of an account-processing solution from Fiserv. The CUSO is co-owned by CEO Connie Boretti and RTN Federal CU and Medical Area FCU.

ATLANTA – An article in the Feb. 28 issue of the Credit Union Journal Daily Briefing incorrectly reported that State Farm FCU sold a REO office building in Marietta, Ga., for $10 million. The seller of the property was State Farm Insurance.

CAMP HILL, Penn. – Two men wearing ski masks held up the AmeriChoice CU branch here yesterday morning, then locked employees in the vault before making their getaway in a stolen car.