1+ hour, 31+ min ago   (224+ words) cutoday.info WASHINGTON—The Office of the Comptroller of the Currency has granted preliminary conditional approval for Revolut and blockchain-focused OpenReserve to establish full-service national banks, according to separate decisions dated Sept The approvals do not authorize either bank…...

1+ hour, 33+ min ago   (196+ words) cutoday.info ANNAPOLIS, Md.— The Accredited Standards Committee X9 has launched an industry forum focused on identifying ways to reduce fraud across payment types and networks Participation in the X9 Payment Fraud Forum is open to anyone in financial services, and…...

3+ day, 15+ hour ago   (219+ words) cutoday.info SAN FRANCISCO—Chime has agreed to acquire longtime bank partner Stride Bank for $590 million in cash, a deal that would give the financial technology company its own nationally chartered bank, PYMNTS reported According to PYMNTS, the transaction…...

1+ week, 3+ day ago   (299+ words) CU Today HERNDON, Va.—Northwest Federal Credit Union has partnered with InvestiFi to offer investing services directly through its online and mobile banking platforms to more than 280,000 members nationwide.Members will be able to use self-directed securities investing…...

1+ week, 3+ day ago   (618+ words) DALLAS— As banks and fintechs race to turn financial services into subscription businesses, promising everything from premium checking and insurance discounts to travel perks and buy-now-pay-later benefits for a monthly fee, Brian Scott sees a fundamental question many institutions have…...

1+ week, 3+ day ago   (239+ words) CU Today NEW YORK--A group of 21 global financial institutions, including Bank of America, Citi, Goldman Sachs and Wells Fargo, plans to form a company later this year to issue a U.S dollar-denominated stablecoin, reports indicate, marking a major push…...

2+ week, 4+ day ago   (637+ words) SCOTTSDALE, Ariz.—Credit unions have spent years searching for new sources of growth, yet one of the biggest may already be sitting in their branches and membership databases: business owners whose commercial banking relationships are somewhere else. Just 5% of U.S....

2+ week, 5+ day ago   (174+ words) STAMFORD, Conn.—Despite the rapid adoption of artificial intelligence and cloud computing, bank technology executives aren't preparing to pull the plug on their mainframes, according to new research from Crisil Coalition Greenwich. Nearly three-quarters of bank CIOs, CTOs and other…...

2+ week, 5+ day ago   (244+ words) WASHINGTON-- John Alexander has been named deputy chief advocacy officer at the Defense Credit Union Council, the trade group announced Monday. Alexander will strengthen DCUC’s advocacy efforts and advance its representation as the national voice for defense credit unions across…...

3+ week, 27+ min ago   (250+ words) SMBs Want Digital Business Cards—But Don’t Take Away The Human Help CUToday NEW YORK--Small business owners increasingly want digital tools from business credit card issuers, but many still expect access to a person when they need assistance, according…...