CU Signs With BankServ For Wire Transfers

June 30, 2000, 1:00 a.m. EDT 1 Min Read

- SAN DIEGO (06/30/00) - North Island FCU said ithas signed with BankServ of San Francisco, to provide it with wiretransfer services. BankServ provides its GFXN and GFX electronicfunds transfer system that automate many of the regulatory andoperational activities for domestic and international wiretransfers. GFXN is a Windows-based data center alternative to theFederal Reserve's Fedline wire transfers and requires no hardwareinstallation at the financial institution.

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Cryptocurrency

Fed joins other regulators in rolling back crypto policies

The Federal Reserve withdrew expectations on crypto activity and dollar tokenization, while the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency also withdrew their versions of the guidance.

By Kyle Campbell

2h ago
Earnings

Office valuation concerns lead to shrinking profits at Eagle

The Washington, D.C.-area bank reported a significant boost in provisions to cover emerging vulnerabilities in its $1 billion portfolio of office loans.

By John Reosti

8h ago
M&A

Columbia to expand in California through $2 billion deal

Tacoma, Washington-based Columbia Banking System said it will buy Pacific Premier Bancorp, accelerating its growth in Southern California by about a decade. The deal is Columbia's second major acquisition in three years.

By Catherine Leffert

8h ago
FDIC

Warren and banking colleagues probe FDIC over DOGE efforts

A cohort of Democratic senators on the banking committee expressed concern over the Department of Government Efficiency's ongoing efforts to cut Federal Deposit Insurance Corp. staff and contracts, saying they worried the efforts could weaken the nation's deposit insurer and expose sensitive bank data if improperly handled.

By Ebrima Santos Sanneh

9h ago
Fraud prevention

Fintechs warned to step up anti-fraud efforts using AI

At a New York Fintech Week event, speakers urged fintechs to better understand the criminal mindset and to use artificial intelligence to detect and thwart fraud.

By Penny Crosman

9h ago
Federal Reserve

Fed official: 'Some' repo volatility is good for the market

Federal Reserve Bank of Cleveland President Beth Hammack said the central bank should not let fears of money-market shakiness cause it to stop balance sheet runoff too soon.

By Kyle Campbell

9h ago