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PSCU’s Lumin Enables Digital Payments For TN Credit Union

PYMNTS

The PSCU company Lumin Digital has signed Bartlett, Tennessee-based First South Financial credit union to a multi-year digital banking and cloud computing agreement, Lumin announced on Tuesday (Feb. In December , Lumin Digital converted over 10,000 Mutual Security Credit Union digital users to a cloud-based platform.

Tennessee 206
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Ruby Tuesday Files For Bankruptcy, Will Close 185 Locations

PYMNTS

This latest announcement follows a private-equity buyout in 2017 by NRD Capital Management. The company said it expects to stay afloat, and that it has “reached an understanding with its secured lenders to support its restructuring.”. We intend to move through the process as quickly as possible,” Lederman said.

Tennessee 163
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Fifth Third Bank: Business Cash Flow Pains Are Driving Instant Payments Uptake

PYMNTS

Using digital push payments can also help add security to B2B transactions, thanks to the cybersecurity measures that can be grafted into these processes. percent of payors surveyed are offering paper checks, direct deposit and credit cards as options for disbursements.

Payments 257
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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Recent days have brought the debut of the “first mobile-enable lottery card” in the state, according to the companies behind the card, Linq3 and Blackhawk Network. The product combines the gift card with the lotto entry, and here’s how it works, according to statement announcing the launch. Lotto and Payment Cards.

Ohio 103
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Real Innovation Solves Today’s Problems, Not Tomorrow’s

PYMNTS

MoneyPass, a network of Elan Financial Services , provides ATM and debit card processing solutions for financial institutions, Independent Sales Organizations (ISOs) and retailers. I also listen very attentively to the sales and relationship management folks. DM: I have been in the debit card and ATM network business for many years.

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Ascend Federal Credit Union On Protecting The Benefits Of ITMs

PYMNTS

This massive popularity is driving many digital-first banks to invest in more advanced interactive teller machines (ITMs), which connect customers with a human teller via videoconference and allow for more sophisticated banking activities beyond cash withdrawal, including card applications and account openings. Keeping ITMs Secure.

ATM 154
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Banking's Total Return Top 5: 2013 Edition

Jeff For Banks

Over 50% of the loan portfolio is indirect auto, with originations coming from Tennessee to Florida. According to its third quarter investor presentation, the bank''s greatest revenue comes from pre-paid cards (35% of revenue), followed by revenues from a traditional community bank (22% of revenues) that manages $1.4