After rejecting its initial bid this summer, S1 Corp. has agreed to be acquired by ACI Worldwide Inc., the electronic payments and online banking companies said.
Members of six credit unions in Lincoln, Neb., will have another way to meet their need for short- term, low-dollar loans after their CUs joined together to start offering an alternative to payday loans offered elsewhere.
PFM specialist and hosted online banking provider tout integrated electronic banking solution.
ACI Worldwide Inc. will buy S1 Corp., the companies announced Monday, and combine their global payments and online banking presence.
One payday lender is using Native American lands to skirt state consumer laws, the Center for Public Integrity alleged.
League expects eight to 12 credit unions to participate as savings lotteries launch.
Deal puts apparent end to Fundtech-S1 Corp. merger; S1 also target of hostile takeover bid from ACI.
With NCUA deadlines nearing on recapitalizing the corporates, the jockeying among credit unions and corporates about the shape of provider services focused on the Mountain States last week with at least two state trade groups paying attention to the fate of the $1.9 billion SunCorp.
Radio co-op campaign for savings raffle accounts launches Oct. 1 across all major Wolverine State markets.
S1 Corp. says it will look at the takeover offer it got this week from ACI Worldwide but that its Fundtech merger plans remain in place.