DCCU Selects Lumin Digital for Banking Technology

0
31

[ad_1]

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.

Community Credit Union DuPont Uses Lumin Digital for Banking Technology

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 Introduces Cash Standby Digital Credit Line

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.”

First Midwest merger with Old National for $ 6.5 billion

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 launches sustainable cards and recycling program

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.

——————————

NEW PYMNTS DATA: CRYPTOCURRENCY PAYMENT STUDY – MAY 2021

About the study: American consumers see crypto as more than just a store of value: the 46 million plan says they plan to use it to pay for everything from financial services to grocery stores. In its Cryptocurrency Payments Report, PYMNTS polls 8008 US and non-US cryptocurrency users to explore the ways they plan to use cryptocurrency to make purchases, what cryptocurrency they plan to use, and how merchant acceptance can affect seller choice and consumer spending.




[ad_2]

Source link