In today’s top digital banking news, DuPont Community Credit Union (DCCU) has signed a multi-year deal for Lumin Digital’s cloud infrastructure, and Huntington Bank has rolled out Standby Cash so customers can access new credit lines. In addition, First Midwest Bank and Old National Bank signed a definitive merger agreement.
DuPont Community Credit Union has signed a multi-year agreement on Lumin Digital’s cloud-based online banking and mobile banking system. Lumin Digital is a PSCU company. “Lumin Digital shares DCCU’s commitment to developing and improving member technologies, and we look forward to working with DCCU to deliver leading-edge products and services to our members,” Jeff Chambers, President of Lumin Digital, said in a statement.
Huntington Bank launched Standby Cash to enable customers to access new credit lines. Customers can subscribe online to the digital only offer and get immediate access from $ 100 to $ 1,000, which can be deposited into their checking accounts in Huntington. Huntington CEO Steve Steinour said in a statement that “Standby Cash is just the latest in our digital toolbox that makes banking easier and more efficient.”
The First Midwest Bank of Illinois and the Old National Bank of Indiana signed a definitive $ 6.5 billion merger agreement to create a Midwest (FI) financial institution with a combined $ 45 billion. “First Midwest and Old National are two relationship-oriented financial institutions with a rich history, an extremely compatible culture and a shared commitment to helping our clients achieve financial success,” Chairman and Chief Executive Officer Michael Scudder said in a press release to First Midwest.
Mastercard has unveiled a new badge to help consumers find cards made more sustainably from “recyclable, recycled, biological, chlorine-free, degradable or ocean-free plastics,” it said. An independent certification program that evaluates sustainability claims validates the indication cards. What’s more, Mastercard and Giesecke + Devrient (G + D) have made a fresh effort to help people recycle their cards.