That's been the case this past year in credit union technology. That old saying is also considered a back-handed curse,
FIS has acquired ValueCentric Marketing Group Inc. in a bid to expand its loyalty solutions into healthcare, retail, petroleum, transportation and government markets.
FIS plans to expand its loyalty solutions into health care, retail, petroleum, transportation and government markets with its latest acquisition, the Jacksonville, Fla., company said.
FIS said it has added employee fraud detection capabilities to the enterprise financial crime solutions it's integrated from NICE Systems into its core processing systems.
Chartway Federal Credit Union in Virginia Beach, Va., has added mobile banking to the services it buys from FIS, the company and credit union said.
Guest Blogger David Morrison of Credit Union Times' staff explains why credit union credit cards are so darn good from various points of view in this post.
Honoring small business owners of the year, President Obama recently urged Congress to pass two major programs to increase lending to small businesses.
BECU went live on March 20 with person-to-person payments and since then has moved approximately $700,000 for about 5,000 newly enrolled users.
The last major independent provider of bill pay to credit unions has been purchased by its biggest customer, but its president said it's business as usual for his customers and end users.
About half of the consumers interviewed in a recent national study said they would be interested in using electronic person-to-person payments, its sponsors said.