Mark Chatfield, SVP and chief marketing officer of the Texas league has been elected to a newly created ex-officio position representing the league service corporation executives on the CUNA Strategic Services Inc. (CSSI) board. The appointment is for a one-year term. Also elected as officers were: Richard Ghysels, CEO of First Financial CU in West Covina, Calif., chair; Roshara Holub, president and CEO of Missouri Credit Union Association, vice chair; Tom Dorety, president and CEO of Suncoast Schools FCU, Tampa, Fla., secretary, and William Mellin, president and CEO of New York State league, treasurer.
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Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
February 6 -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
February 6 -
Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.
February 6 -
Fintech and crypto groups said in comment letters to the Federal Reserve that the proposed "skinny" master account is too limited and could keep firms dependent on banks. Banking groups asked for more time to comment.
February 6 -
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
February 6 -
While the e-commerce giant has deemphasized the technology, banks and payment firms are testing the biometric option.
February 6





