News
Texas-based bank signs with Pulse for debit processing, gateway services
September 17, 2007
HOUSTON - Frost Bank of Texas has extended its relationship with the Pulse EFT Association by signing a new long-term agreement with the ATM/debit network to use Pulse exclusively for PIN-debit transactions at the point of sale.
Frost is the banking subsidiary of Cullen/Frost Bankers Inc., a financial holding company located in San Antonio with assets of $12.9 billion, has more than 100 financial centers in Texas, has issued more than 300,000 debit cards and operates more than 150 ATMs.
Cullen/Frost Bankers was one of seven bank holding companies to co-found the Pulse network in 1981.
According to a news release, Frost Bank expects to establish an in-house processing connection to the Pulse network, enabling the bank to obtain signature-debit-processing services from Pulse and use the network as its exclusive gateway to other networks.
Banking Executive SummaryTransaction ProcessingRetail / Off-PremisesEFT NetworksDebit / CreditOtherNorth AmericaBank / Credit Union
Related Media
Subscribe
Get the latest news and resources from ATM Marketplace.
Recent Posts
SEC accuses former ATM businessman Daryl Heller of funneling $185M from investors
Fifth Third named as top veteran friendly employer
DC AG sues Bitcoin ATM operator Athena Bitcoin for allegedly exploiting scam victims
NCR Atleos earns #5 rank in fintech rankings
SEC to revamp cryptocurrency policies amid Trump's pro crypto push
