REDWODO CITY, Calif. - (11/10/05) -- Digital Persona Inc. said AllegianceCU, Oklahoma City, has implemented one of the company's biometricfingerprint solutions to facilitate secure access to its systems.The $145 million credit union, originally called Federal EmployeesCU, has implemented Digital Person's BioTran, a systems integratorthat will enable it to deploy a solution allowing members andemployees to securely and conveniently access its computer systemusing fingerprint identification. Digital Person also said TelesisCommunity CU, Chatsworth, Calif., and Advantis CU, the Portland,Ore., credit union recently created by the merger of PACE CU andElectra Central CU, have also implemented its biometric fingerprinttechnology.
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A Luxembourg court ruled against the bank in a long-running lawsuit tied to its custodial role for a fund that invested in the massive Ponzi scheme.
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The Federal Open Market Committee voted to reduce interest rates by 25 basis points Wednesday, but the emergence of dissents on the committee makes the chance of another quarter-point cut in December less certain.
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American Banker's 2025 Small Business Banking conference yielded lessons about the need for speed, simplicity and safety in small-business lending. Other key takeaways included the significance of digital payment options and the importance of continuing to process SBA loan requests during the government shutdown.
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Nine months after acquiring Heartland Financial, Missouri's largest bank posted a complicated quarter.
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Credit analysts say climate risk could still pose a financial threat to financial institutions, even though the federal government has taken an ax to Biden-era climate guidance.
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