Three Granite State credit unions are backing a $12-million initiative to help low-income residents of this state. Holy Rosary Regional CU, Northeast CU and Service CU have collectively pledged to provide $12 million in loans over the next five years as part of an initiative called the CU Community Outreach. The CUCO program will fund home ownership loans for consumers who cannot qualify for traditional real estate loans, while an emergency loan program will offer small loans for consumers facing a financial crisis and in need of short term relief.
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Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
26m ago -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
3h ago -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
June 18 -
Like the Olympics, the event is used to push and measure engagement and appetite for emerging checkout options.
June 18








