JACKSON, Mich. - (07/11/05) -- Eighteen-year-old Lauren Lynn is onher way to the 'American Idol' auditions, thanks to American 1 FCU.The high school senior won first place Friday in the second annualAmerican 1 Teen Idol competition at the Riverwalk Amphitheatre witha powerful pair of vocal performances. Wearing a jean jacket over awhite tank-top and full, sequined skirt, Lynn performed the AliciaKey's song 'If I Ain't Got You' for the first round of theperformance, then topped it off with the Shania Twain hit 'ThatDon't Impress Me Much.' The performance won Lynn a travel voucherto auditions for the Fox Television show 'American Idol,' as wellas a $2,000 savings bond from the credit union. The contest alsoraised $2,500 for the Jackson School of the Arts.
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The bank is launching KeyVAM, a virtual account management offering it designed with fintech Qolo. Both companies said the nature of the relationship was as important as the technology it produced.
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The top five bank holding companies have combined total credit card loan portfolios of more than $705 billion.
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Harmonizing standards for liquidity coverage ratios and discount window pledges could prevent the type of strains that led to last year's bank failures, according to a new paper whose authors include former Federal Reserve Govs. Dan Tarullo and Jeremy Stein.
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Ally Financial ended a six-month search for its next chief executive by hiring Discover CEO Michael Rhodes. The move adds a new wrinkle to Discover's pending sale, though Discover said that Rhodes hadn't been expected to have a long-term role at Capital One following the merger's completion.
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The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.
March 27 - Yahoo Finance Feed
The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
March 27