Bank / Credit Union News

PayTech Women appoints 2023 board

January 5, 2023

PayTech Woman, an organization dedicated to women's advancement in the payments and fintech industry, has appointed is 2023 board of directors, according to a…

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Feds, comptroller release warning on cryptocurrency for banks

January 4, 2023

The Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency have released a joint statement warning banks of the risk of dealing with…

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BMO employees reach $31M charitable goal

January 4, 2023

BMO employees have officially pledged more than $31 million to charitable organizations, including the United Way, as part of its annual Grow the Good campaign…

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Croatia switches to euro

January 3, 2023

Croatia has officially changed its currency from kuna to the euro, making it the 20th country to adopt the currency. Currently, almost 70% of its ATMs are only…

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World Bank takes aim at climate change

January 3, 2023

The World Bank plans to increase its lending capacity to combat climate change and other global issues as part of its evolution roadmap. In addition, it aims…

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Republic First Bank appoints CEO, CFO

January 2, 2023

Republic First Bancorp Inc., the holding company for Republic Bank, has appointed Thomas X. Geisel as CEO, president and board member. Also, Michael W.

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Mountain America Credit Union partners with Blend for home equity solution

December 28, 2022

Mountain America Credit Union, based in Utah, has partnered with Blend, a cloud banking software provider, to provide its Instant Home Equity solution to…

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Woodforest National Bank opens Houston location

December 27, 2022

Woodforest National Bank, based in Montgomery County, Texas, has opened its 28th branch. The branch is located in a Walmart in Houston. The bank has more than…

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ING Germany partners with Paysafe to enable retail cash withdrawal, deposit

December 27, 2022

ING Germany, the third largest bank in Germany, has partnered with Paysafe's cash arm viafintech to enable users to make cash deposits or withdrawals from…

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Regions Bank creates franchise lending team

December 22, 2022

Regions Bank has created a franchise lending team led by Peter Salas. The team will support small businesses particularly through its franchise concepts…

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JPMorgan Chase partners with Trovata for investing solution

December 22, 2022

Trovata, a bank platform and cash management solutions provider, has partnered with JPMorgan Asset Management to help customers get higher yields on corporate…

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F.N.B Corp inks acquisition of UB Bancorp

December 21, 2022

F.N.B Corp. has officially acquired UB Bancorp, including its subsidiary Union Bank. With the acquisition, F.N.B. now has almost $44 billion in assets…

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Advcash partners with Mercuryo to integrate banking-as-a-service

December 21, 2022

Advcash, a digital currency and payments platform, has partnered with Mercuryo, a global payments infrastructure provider, to provide its users with…

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Bank of America to offer free financial counseling in 17 US markets

December 20, 2022

Bank of America has partnered with Operation Hope to offer free financial counseling in 180 locations in 17 U.S. markets next year. Operation Hope offers…

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Bank of Japan unleashes bond shift, shocking the market

December 20, 2022

The Bank of Japan, a central bank, shocked the market by changing its yield curve control policy for 10-year government bond yields. With this change, the…

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Bank of America appoints president of Seattle

December 19, 2022

Bank of America has appointed Jim Morehead to serve as president of Seattle, Oregon. In addition, Alex Yang will replace Jeremy Williams as market executive…

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Tyndall Federal Credit Union gives $13.7M in profits to members

December 19, 2022

Tyndall Federal Credit Union has returned $13.7 million in profits to more than 70,000 qualifying members. It deposited the profits ranging from $70 to $42…

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University Credit Union partners with Asa to connect members to fintechs

December 19, 2022

University Credit Union, based in Los Angeles, has partnered with Asa, an embedded fintech solutions provider, to connect its members to fintech services. Asa…

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Banks boost prime lending rate

December 16, 2022

Banks have raised their prime lending rate from 7.00% to 7.50%, according to multiple press releases.

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Interactive kiosk market to grow to $49.9B

December 15, 2022

The interactive kiosk market will grow from $28.4 billion in 2021 to $49.9 billion by 2031, according to research from Transparency Market Research. It will…

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