Core processors swap clients while Fiserv retains three credit unions.
It was late January when the Brookfield, Wis.-based Fiserv rocked the core system universe, announcing it had acquired competitor and DNA core architect Open Solutions for roughly $1 billion, much of that in debt assumption.
Shake up continues at high end of credit union core processing market.
Appeals judges rule credit unions have negligence claim against processor.
Insuritas, a provider of outsourced insurance agencies, said it has signed on MIDFLORIDA Credit Union.
Fiserv Inc. said the $1.7 billion MIDFLORIDA Credit Union plans to convert to Fiserv Inc.’s flagship Acumen account processing platform.
Conversion adds consumer and commercial debit processing.
Smaller Jacksonville credit union to get members, two branches and other assets from $3 billion Space Coast in market move approved by NCUA, state.
MIDFLORIDA Credit Union completing conversion of six Tampa-area branches from Space Coast Credit Union, plans to merge the $50 million Bay Pines FCU.
A federal judge has dismissed most of the complaints financial institutions, including credit unions, brought against Heartland Payment Systems for its January 2009 card data breach.