GLENDALE, Calif. - (06/06/06) -- California CU announced Monday ithas awarded $1,000 college scholarships to 35 students, one of thelargest credit union scholarship programs. Students need not bemembers of the credit unions to be eligible for the awards. The $1billion credit union expanded the program this year, the second ofits existence, by adding 10 more scholarships. In addition, for thefirst time continuing and graduating students at any of the nineLos Angeles Community Colleges now qualify for theprogram.
-
Anthropic's new AI model can autonomously exploit software flaws, prompting urgent security meetings among U.S. and U.K. financial regulators.
1h ago -
Big-bank executives explained this week why they're still investing in their physical footprints, even as AI advances rapidly and financial technology firms wade deeper into the banking business.
April 15 -
Office of Management and Budget Director Russell Vought told the House Budget Committee Wednesday that the Community Development Financial Institutions Fund is still a target for elimination by the administration because it promotes "woke" ideology.
April 15 -
The topic of AI implementation came up on several big banks' first-quarter earnings calls. Morgan Stanley CEO Ted Pick said Wednesday that the firm views AI as a friend.
April 15 -
Brazil's real-time payment rail is adding PayPal as an option for small- to medium-size business payments; HSBC is launching a Hong Kong dollar-denominated stablecoin; Sezzle expands BNPL; and more in this week's global payment roundup.
April 15 -
A sharp decline in charge-offs, as well as lower volumes of criticized and nonaccrual loans, gave the Buffalo-based regional bank the confidence to operate with a smaller capital cushion.
April 15









