Members of the CUES Financial Suppliers Forum and attendees of the 2004 CUES Marketing, Operations & Technology Conference and CUES Expo 2004 helped to raise $2,552 for the Children's Miracle Network at its third-annual FSF/CUES Expo Silent Auction. FSF, a division of the Credit Union Executives Society, is a membership organization made for firms that supply products and services to the financial services industry. The auction featured items donated by FSF-member exhibiting firms and conference attendees bid on the items to purchase.
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Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 basis point cut.
7h ago -
The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
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Community Financial in Syracuse has made its biggest investment ever in an outside company, taking a $37.4 million equity stake in an insurance provider that focuses on the rental housing market.
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St. Cloud Financial Credit Union will be issuing its own stablecoin at the end of this year, becoming one of the first U.S. credit unions to do so.
September 17 -
The two BNPL giants' pay-over-time loans will now be available for in-store purchases on Apple Pay in a move to capture more sales at brick and mortar stores.
September 17 -
State regulator says blockchain tools are key to detecting money laundering and sanctions violations.
September 17