UMB extends deal with Pulse
June 5, 2007
HOUSTON - UMB Financial Corp. has extended its PIN-debit-network services deal with the Pulse EFT Association, Pulse announced in a news release.
UMB is an $8 billion multibank holding company based in Kansas City, Mo.
George Schmelzel, senior vice president of UMB's card services, said the new deal with Pulse is expected to further the bank's growth in the debit marketplace.
The deal also will provide UMB a seat on the Pulse Financial Institution Oversight Committee. Created in 2005, the committee advises Pulse about key issues relative to the network.