HARRISBURG, Pa. - (12/16/04) -- eCU Technologies said it has joinedwith DocuMatix to provide credit unions with e-mail alertcapability. The service will allow automatic distribution of creditunion e-mails via HTML or text when a member's account showsactivity such as a credit card transaction, a balance droppingbelow a specified amount or loan payments due. Subscribers also canreceive alerts in more than 170 countries across 500 mobile carriernetworks via any wireless SMS-enabled service, such as a digitalphone or personal digital assistant.
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A federal judge ruled that acting Consumer Financial Protection Bureau director Russell Vought unlawfully refused to request agency funding from the Federal Reserve Board, dealing a procedural blow to a legal argument that the Fed can only fund the CFPB when it turns a profit.
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A White House executive order issued Friday afternoon directing regulators to ease Dodd-Frank compliance burdens comes as a bipartisan housing bill advances on Capitol Hill.
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The bank and fintech entered an agreement to expand open banking ahead of the CFPB's new 1033 rule and announced joint fraud-combatting product improvements.
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A federal judge wrote in an opinion that a "mountain of evidence" suggests the subpoenas were an effort to push Federal Reserve Chair Jerome Powell to lower interest rates or resign.
March 13 -
Investors claim JPMorganChase collected fees while ignoring suspicious transfers linked to a $328 million crypto Ponzi scheme.
March 13 -
Federal bank enforcement actions have dropped sharply since the start of the second Trump administration, but experts' views vary about whether less enforcement will result in a buildup of risk in the financial system.
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