MIRAMAR, Fla. - (01/24/05) -- Members and employees of EasternFinancial Florida CU with treated to an advance view of the futurerecently when they arrived to find the lobby of their credit unionpopulated by robots. The more than 30 remote-contolled robots werethere as part of Florida's BEST Robotics (Boosting Engineering,Science and Technology) Competition for middle and high schoolstudents hosted by the credit union. The theme of this year'scompetition was genetics, with students expected to design theirrobots to simulate the breaking down of DNA molecules. EasternFinancial was chosen as host because it donated $15,000 for thecompetition.
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Financial literacy advocate John Hope Bryant has joined with a Los Angeles-based developer in an effort to raise up to $300 million from banks to preserve and construct low-income housing around the country.
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AI is transforming legacy modernization efforts as Wells Fargo builds systems for agents to take on humanlike tasks and interact with one another.
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The buy now/pay later firm, which reports earnings Thursday, has inked deals with Worldpay to expand potential borrowers and with New York Life to obtain more capital for future lending.
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A bottleneck at the Small Business Administration in clearing federal small business loans because of the ongoing federal government shutdown is becoming an increasingly urgent issue for small and even some midsized banks.
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BayFirst Financial, which has reported problems with SBA loans, expects to reach an agreement with its regulators in connection with credit administration and other issues.
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