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It was announced yesterday (March 17) that the TSYS company’s LenderPay solution — which allows financial customers to pay loans by responding to a text message, clicking an email hyperlink or tapping their smartphone — has been selected by ElPaso Area Teachers Federal Credit Union (TFCU) for handling such transactions.
The app will enable community financial institutions (CFIs) to compete with larger financial institutions by providing their business banking customers with iOS and Android access to this secure and easy-to-use account management platform.
Walmart probably managed to make the biggest splash in the retail segment this week with the announcement that it will no longer be selling certain types of ammunition to customers, and that it will discourage the open carrying of weapons in its stores. Which leads us to … Walmart . Big Play of the Week: A Farewell To Arms .
From its start as a flour mill in 1866, General Mills is now the brand behind Gold Medal Flour, Cheerios, Haagen Dazs, Nature Valley, Yoplait, Pillsbury, Progresso, Annie’s, Chex, Cascadian Farm, ElPaso, Larabar and Jeno’s frozen pizza – to name but a few.
Jim Huff, SVP of Marketing whose ElPaso, Texas-based FirstLight FCU is piloting the new mobile app, highlighted the features that will be available to its businesses, including fund transfer, wire transfer approval, and account notifications. Headquartered in Georgia, NCR demoed its Transaction Data Manager at FinovateSpring 2016.
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