Contactless payment card manufacturerOberthur Card Systems of America Corp. has changed its name to Oberthur Technologies of America Corp.
Air Academy Federal Credit Union, Amarillo Community Federal Credit Union, Colorado Springs Credit Union, Hereford Texas Federal Credit Union, Knoxville News-Sentinel Employees Credit Union, and Postal and Community Credit Union have signed processing contracts with Fifth Third Bank Processing Solutions, the company announced today. The contracts include electronic funds transfer services, gateway access, debit card processing and ATM driving.
National City Corp. announced this morning that Jeffrey D. Kelly will retire Sept. 30 as chief financial officer and has stepped down from the bank's board of directors, effective immediately.
The Service Employees International Union is organizing protests that are scheduled to take place today. Protesters in Fort Worth, Texas; Houston; Los Angeles; Miami; New York; and San Francisco plan to wear HazMat suits to protest Seattle-based Washington Mutual Inc.'s partnership with Texas Pacific Group, a private equity firm based in Fort Worth, Texas. The protestors are concerned that the partnership will lead to higher interest rates on credit cards, higher overdraft fees and higher late fees.