BETHESDA, Md. - (02/28/05) -- Allpoint said Friday that ORNL FCU,with almost $800 million in assets, has joined its surcharge-freeATM network. The addition of Tennessee's third largest credit unionbrings to more than 60 the number of credit unions participating inthe two-year-old network. Allpoint will provide members of ORNLaccess to more than 475 ATMs in Tennessee, mostly locate dinretailers like Target, Costco, Golden Gallon and Winn Dixie.Allpoint claims more than 32,000 surcharge-free ATMs across thecountry.
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As the CFPB reconsiders its open banking rule, banks and fintechs are locked in a bitter battle over who will pay for the new digital infrastructure.
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Hope Bancorp's acquisition of a business that serves Japanese companies should complement its historic focus on Korean business owners.
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The Department of Justice is seeking court approval to immediately fire more than 600 employees, slashing the CFPB's workforce by 53%.
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The exit highlights the steep challenges and high customer acquisition costs foreign fintechs face when entering the U.S. banking sector.
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Federal Reserve Gov. Michael Barr said Wednesday that his dissents over the past year on proposed regulatory changes reflect concern that oversight of banks could be significantly weakened.
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