Bank / Credit Union News
Regions Bank to increase lending rate
March 24, 2022
Regions Bank recently announced it will increase its prime lending rate from 3.25% to 3.50%, according to a press release.
read nowHuntington National Bank intros cashback credit card
March 23, 2022
Huntington National Bank recently introduced its Cashback Credit Card, which allows customers to earn 1.5% unlimited cash back on every purchase, according to…
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Investors say central banks are behind the curve
March 22, 2022
Investors aren't impressed with central banks' performances, according to a survey by Bloomberg's Markets Live team. In fact, 73 percent claimed that all or…
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Regions Bank brings on corporate credit products leader
March 21, 2022
Regions Bank has hired Dave Strickert to lead the corporate credit products, which is part of the credit products group. Prior to joining Regions, Strickert…
read nowArizona Federal Credit Union to acquire Horizon Community Bank
March 21, 2022
Arizona Federal Credit Union has signed an agreement to acquire Horizon Community Bank, headquartered in Lake Havasu City, Arizona, and a subsidiary of Horizon…
read nowNuMark Credit Union selects Scienaptic's credit decisioning platform
March 18, 2022
NuMark Credit Union, based in Chicago, has selected Scienaptic AI's underwriting platform to offer faster credit decisions to its members, according to a press…
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Major League Soccer partners with Black Bank Foundation to support Black banks
March 17, 2022
Major League Soccer recently received a $25 million loan from a group of Black-owned banks through a partnership with the nonprofit National Black Bank…
read nowForest Area Credit Union selects Scienaptic AI's decisioning platform
March 17, 2022
Forest Area Federal Credit Union, based in Fife Lake, Michigan, has partnered with Scienaptic AI to integrate its credit decisioning platform. With this…
read nowSeba Bank appoints CEO
March 15, 2022
Seba Bank, a digital assets banking platform, has appointed Franz M. Bergmuller to CEO as of April 1. He will take over from Guido Buehler, according to a…
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Deutsche Bank reverses Russian policy
March 15, 2022
Deutsche Bank has officially announced it will shut down business in Russia due to the ongoing invasion of Ukraine. This is a reversal from last week when CFO…
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Atris Technology inks acquisition of Hogan Financial Systems
March 10, 2022
Atris Technology LLC, a software provider for financial institutions, has acquired Hogan Financial Systems, an operational and consulting services provider for…
read nowKeyBank joins Credit Risk Navigator
March 9, 2022
KeyBank recently partnered with the Risk Management Association to join the Credit Risk Navigator, a database powered by Automated Financial Systems Inc. This…
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Regions releases debit card, checks to honor Georgia Bulldogs' championship win
March 8, 2022
Regions Bank has released a 2021 University of Georgia National Champions debit card and checks to honor the team's victory in the College Football Playoff…
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Russian banks turn to Chinese payment solution in wake of sanctions
March 8, 2022
Due to recent sanctions, Russian banks are currently looking at China as a potential solution. Sberbank, the largest bank in Russia, is examining whether it…
read nowICX Association intros retail banking customer experience master series
March 7, 2022
The ICX Association has introduced its Retail Banking Customer Experience 4.0 Master Series, which is sponsored by Shikatani Lacroix Design. ICX Association…
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TD Bank acquires First Horizon
March 4, 2022
TD Bank Group has announced it has acquired First Horizon Corp., headquartered in Memphis, Tennessee, for a cash transaction of $13.4 billion, according to a…
read nowJack Henry adds Performance Scorecard to program
March 4, 2022
Jack Henry & Associates Inc., a software-as-a-service provider for the financial industry, has added its Performance Scorecard tool to its Independent…
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SmartMetric delivers biometric technology for debit, credit cards
March 3, 2022
SmartMetric Inc. has introduced its biometric activated credit/debit card, which uses a fingerprint activated dual interface that can be used at card readers…
read nowCitizens Financial Group brings on chief legal officer
March 3, 2022
Citizens Financial Group recently appointed Polly N. Klane as general counsel and chief legal officer. Prior to joining Citizens, Klane served as SVP and…
read nowCommerce Bank goes live on Temenos banking platform
March 2, 2022
Commerce Bank recently went live on Temenos' core banking platform. With this platform, Commerce will be able to improve operational efficiency and launch…
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