Eleven area credit unions have developed a cooperative advertising and education campaign to explain the credit union difference to consumers. The initiative, called the Credit Union Difference, will soon launch a multi-media campaign to market credit union services, which will include television commercials, billboards and a new website, at credituniondifference.org. The participants are: 1st University CU, Educators CU, GENCO FCU, First Central CU, Texas Farm Bureau FCU, Heart O' Texas FCU, Rocket FCU, Members Choice of Central Texas FCU, McLennan County Employees FCU, Waco Postal CU and Waco FCU.
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Kasisto developed one of the first conversational AI chatbots for banks, and the deal brings its technology to Backbase's new AI-based bank operating system.
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The Federal Reserve's new chair wants to change the way the central bank communicates with markets and the public. What those changes ultimately amount to could represent a major shift in an agency that has made transparency a guiding light for decades.
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The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
June 22 -
The former New York governor will chair a new effort aimed at tokenizing financial products on chain and bringing 24/7 digital trading to NYSE-listed assets.
June 22 -
The service is an alternative to an IPO or a special-purpose vehicle, the bank says.
June 22 -
The company's forthcoming stablecoin, PAYO-USD, is designed to spur increased transaction volume revenue rather than interest income on reserves, a model championed by most stablecoin issuers.
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