PULSE Has Added Hundreds of New Banks and Credit Unions This Year

HOUSTON, Texas – The PULSE EFT Association, the only ATM and EFT network that is owned by both member credit unions and banks, said it has added 227 additional financial institutions so far this year. PULSE also added 56 independent sales organizations (ISOs) that are ATM deployers and hit transaction volume highs in March, May, July and August of this year. “We are extremely pleased that in today’s rapidly changing and increasingly competitive network environment, PULSE has surpassed its aggressive membership goals, and that financial institutions recognize and receive the direct benefits of the PULSE program,” said Stan Paur, PULSE CEO. “The message that we communicate to members and prospective members – that there is tremendous value in the power of ownership available only through PULSE – is having an impact on how top executives position their financial institutions for the future,” noted Paur. Merchants like Barnes and Noble, GAP, and Office Max also joined the Association’s point of sale EFT network, PULSE said. The accomplishments were especially noteworthy for having been achieved when the Association was involved in a significant processing move, taking its processing and settlement technology in-house, and a move of its corporate headquarters to a larger facility in Houston. The move was necessary to accommodate a new state-of-the-art data center and to provide space for additional employees as network operations continue to grow, Pulse said.