BEL AIR, Md. - (09/27/05) -- HAR-CO Maryland C marked its 50thanniversary by giving each employee and volunteer a $50 bill. Eachrecipient was then charged by CEO James Meehan to take the moneyand do something good for the Harford, Md., community. In all, 70people received the bills and have been donating them locally. Theonly caveat with the money was that after a donation was made anote on to whom it went was to be placed on the credit union'sGiving Tree. Among the early recipients: Harford Hospice, AnimalRescue, the Humane Society, Martha's Meals and more than a dozenothers.
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The Las Vegas bank's deal for Arc Technologies comes three months after Capital One paid $5 billion for AI-native payments firm Brex.
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With Robinhood Chain now live, the company is pushing into tokenized equities, stablecoin lending and international markets.
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The order covers the European units of JPMorganChase, Goldman, Citi and Morgan Stanley, and previews what U.S. regulators may eventually demand.
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As JPMorganChase, Wells Fargo and others chase a potential $15 billion deal to buy Fiserv's Star network, experts say the growth of AI-powered transactions and competition among bank technology firms will make debit routing a hot commodity, portending more M&A and placing pressure on traditional card networks.
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