HALES CORNERS, Wis. - (09/10/04) -- Corporate Central CU has signed withElan Financial Services to offer ATM and debit card processing tocredit unions and CUSOs nationally. Under the deal, credit unionswill also have the option to participate in Elan's Fastbank ATMNetwork, which provides surcharge-free and deposit-taking ATMs in34 states. That network now has 3,600 surcharge-free ATMs availableand 3,400 ATMs that accept deposits. Separately, Credit Union 24said it signed with Elan to allow credit unions to offer a widerrange of products to their merchant account holders, includingelectronic payment processing services to their business accounts.Elan is a wholly owned subsidiary of US Bancorp.
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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.
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Investors claim JPMorganChase collected fees while ignoring suspicious transfers linked to a $328 million crypto Ponzi scheme.
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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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Billy Beale, who was hired to clean up Virginia-based Blue Ridge Bankshares after its failed foray with fintechs, has left the $2.4 billion-asset company. His successor is Harry Golliday, who was named interim CEO.
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