BASKING RIDGE, N.J. - (08/05/05) -- Affinity FCU is now offering membersan online deposit service that allows members to deposit checksonline up to $1,500 into their checking account, with funds madeavailable by the end of the next business day. The service, calleddeposit@home, is available to all credit union members free.Members must sign up for Internet account access to use thedeposit@home service and certain conditions apply. One majorstipulation of the service is that members must deliver the checksthat were deposited online to Affinity FCU within ten calendar daysof the date of the online deposit via regular mail or in person atany of the credit union's branches. The technology is powered byeCU Technologies. Since launch, more than 2,400 of Affinity'smembers have signed up, and it is averaging about 80 transactionsper day using this service.
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Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
8h ago -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
8h ago -
Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.
9h ago -
Fintech and crypto groups said in comment letters to the Federal Reserve that the proposed "skinny" master account is too limited and could keep firms dependent on banks. Banking groups asked for more time to comment.
10h ago -
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
11h ago -
While the e-commerce giant has deemphasized the technology, banks and payment firms are testing the biometric option.
February 6





