BOSTON - (07/27/04) -- CUNA representatives meeting withthe New Democrats Network or attending a fundraiser for Sen. ChrisDodd of Connecticut. NAFCU directors meeting with moderateDemocrats known as 'The Third Way,' or cheering the Boston Red Soxwith members of the Democratic Leadership Council. Corporate CUlobbyists schmoozing Democratic lawmakers and their staff during alate night concert for Little Feat. Credit union representativeswere everywhere during the first two days of the DemocraticNational Convention Sunday and Monday, turning out as never beforeto a major party convention. "This is one way to meet thecongressmen and their staff in an informal setting," Larry Wilson,president of Coastal FCU and a member of the NAFCU Board, told TheCredit Union Journal during a reception and concert sponsored bythe trade association in Boston's historic Fanueil Hall Mondaynight. "They (the Democratic leaders) see credit unions here andthey know know we're players," added Murray Chanow, a NAFCUlobbyist.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3