OKLAHOMA CITY - (08/16/05) -- Endpoint Exchange LLC, the fledglingcheck- and image-clearing network, said last week it is nowoffering to clear checks drawn on non-member financialinstitutions. The network, set up to facilitate the new Check 21law, will send checks and images drawn on nonmembers to its parentcompany, Marshall & Ilsley Bank, which will clear them byprinting replacement images. The replacement images will then becleared by either the Federal Reserve or Fiserv. Endpoint customerscan use it for some or all of their checks drawn on nonmembers.Endpoint, which is owned by M&I's Metavante, has about 5,000bank and credit union members.
-
While banks will likely increase near-term dividend plans, analysts and investors are more focused on the long-term outlook for capital requirements from regulators.
6h ago -
The Missouri bank surveyed consumers about what kind of financial management tools they use, then built its My Finance360 tool in response.
7h ago -
GodFather malware mimics and manipulates real financial apps on Android devices, exposing sensitive data without user suspicion.
9h ago -
As banks consider their strategies, other big names are also considering a role for digital assets.
10h ago -
The Financial Technology Association — which had been granted the right to defend the Consumer Financial Protection Bureau's open banking rule after the bureau declined to defend it — filed a motion Sunday to preserve the rule.
11h ago -
Kevin Fromer, who has headed the Financial Services Forum since 2017, announced his departure Monday. Fromer transformed the Financial Services Forum to advance the interests of the largest U.S. banks.
June 30