ONTARIO, Calif. - (11/18/05) -- The CO-OP Network announced Thursdayit has signed with 7-Eleven Inc. to provide surcharge-free ATMaccess to the members of CO-OP-member credit unions in thecompany's 5,300 convenience stores in 30 states. Starting Dec. 1,ATMs in those 7-Eleven stores will carry the CO-OP logo. Creditunion-owned CO-OP consists of 1,848 credit unions with a combined24 million cardholders. Those cardholders currently havesurcharge-free access to 25,000 ATMs in all 50 states.
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U.S. Bank's merchant acquiring group this week named Wally Mlynarski — formerly of Bank of America and a former executive at Evalon — to the top job as AI sweeps over the industry and with fintechs and traditional rivals ready to pounce.
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Brett Tejpaul, co-CEO of Coinbase Institutional, discussed how the crypto exchange plans to bring its trading infrastructure to more financial institutions.
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Federal regulators issued proposals Thursday to implement the final elements of the Basel III accords, adjust the Global Systemically Important Bank surcharge and implement standardized approaches for risk-weighted assets. The changes would reduce capital requirements for banks of all sizes affected by the rules.
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