JACKSONVILLE, Ark. – Arkansas FCU has contracted with Prime Alliance Solutions to use its prime+ cloud-based mortgage solution, which the company said allows credit unions to consolidate multiple lending platforms.
“The one-system approach to mortgage technologies lets us consolidate multiple systems,” said Frank Lawrence, assistant vice president mortgage lending for the $840-million credit union.
BOK Financial and Atlantic Union Bankshares are among the lenders with very low rates of bad loans. They're telling investors it won't last forever.
AI is being used to help investigate red flags and to chat with criminals to find out more about their tactics.
Support for Citi's annual say-on-pay resolution fell steeply, with about 60% of shareholders voting in favor of the bank's 2025 executive-compensation program. The decline is likely related to a one-time equity award to CEO Jane Fraser and concerns about how the bank determines incentive pay.
The House passed housing legislation that includes a slightly pared-down institutional investor housing ban, as well as a raft of community bank measures.
The White House issued an executive order Tuesday requesting that the Federal Reserve review access to payment accounts for fintechs and digital asset firms.
A Senate Commerce Committee hearing Wednesday underscored the debate over whether the Commodity Futures Trading Commission has the capacity to regulate the rapidly growing prediction markets industry.
