Credit Union 24, Inc., which provides ATM and POS network services to more than 410 credit unions in 23 states, said it is entering into an alliance with Genpass, Inc., manager of the MoneyPass surcharge-free EFT network and the second-largest ATM driver in the U.S. Under the agreement, CU24's CU HERE surcharge-free program and MoneyPass participants will be able to obtain surcharge-free ATM withdrawals at each other's ATMs.
The Financial Services Forum, which represents the largest U.S. banks, formed a new 501(c)(4) advocacy group to amplify big banks' policy preferences, a move that could counter the crypto industry's growing political influence.
New research from American Banker explores how bankers predict stablecoins, subprime credit, cyber security and other factors will shape the industry at large.
Federal Reserve Gov. Christopher Waller said monetary policy must remain insulated from political pressure, arguing that communication with the White House should be limited. Waller is slated to meet with President Trump Wednesday afternoon.
Bank groups, crypto firms and regulators are divided over whether fiduciary digital-asset custody fits naturally within the national trust charter model — or whether, as critics argue, the agency is quietly reinventing the charter.
In a Senate Banking subcommittee hearing, lawmakers discussed a bill that would guarantee all legal industries and all individuals fair access to banking services.
The de novo bank, which will serve participants in virtual currency markets, is putting the regulatory pieces in place for its planned 2026 launch.
