Seven more credit unions have signed on as users of the personal financial management platform from MoneyDesktop of Provo, Utah, the company said.
Utah firm adds seven users from five states.
Now that the deadline for the Durbin amendment interchange cap to take effect has passed, financial institutions are continuing to develop ways to offset lost interchange revenue. One solution? Raise fee income by making debit and ATM transactions more expensive for consumers.
Now that the deadline for the Durbin amendment interchange cap has arrived, financial institutions are looking hard for ways to replace lost interchange revenue.
Two Wisconsin credit unions have implemented remote check image processing from VSoft Corp., the Atlanta company said.