On the surface things may appear calm, but underneath, currents are swirling and business fundamentals are being transformed rapidly.
Des Moines-based payments innovator also eyeing extending business beyond Iowa.
Urbandale, Iowa, CU latest to commit to P2P service from Des Moines startup.
The Members Group turns to NCB to fill in for waning Iowa Corporate Central Credit Union.
Iowa agent issuer wins the business the $5 billion Mutual of Omaha Bank.
Two credit unions that had previously sold their portfolios to agent issuers are replacing national bank issuer contracts as they expire, they said.
TMG Financial Services, the agent issuing card arm of The Members Group, a payments CUSO affiliated with the Iowa Credit Union League, said that 19 credit unions have opted to begin offering business credit cards through an agent issuing relationship with the organization.
Messages give cardholder option of approving transaction or stopping it and alerting company fraud team.
Two credit union service organizations and three credit unions were among defendants named on June 23 in a patent lawsuit brought by London-based technology vendor Serverside Group.
Credit unions and vendors among defendants named in card technology suit filed by London-based firm.