MEMPHIS, Tenn. - (01/13/05) -- Memphis Area Teachers CU said itextended a deadline for its annual scholarship applications untilMarch 31. The $550 million credit union will award six four-yearscholarships totaling $60,000 to high school seniors or collegefreshmen pursuing a career in teaching. Recipients will receive upto $2,500 per year for four years. The scholarships are limited tocredit union members.
State regulator says blockchain tools are key to detecting money laundering and sanctions violations.
The Bank of England may cap ownership, drawing ire from crypto groups that claim that will hinder innovation.
Visa is introducing a premium service to the Middle East, and Lloyds Banking says its cash protection product is showing results. Plus, Brex teams up with Doordash and more in the American Banker global payments and fintech roundup.
A report from Democratic staff on the Senate Permanent Subcommittee on Investigations said accounting firm KPMG gave Silicon Valley Bank, Signature Bank and First Republic clean audits despite internal warnings, fraud allegations and apparent risks of failure.
Each year, American Banker chooses five teams that embody the spirit of collaboration and illustrate how teamwork can have a substantial impact on a bank's top and bottom lines.
The goal of the regional banking team members is to partner across their respective business lines or service areas to bring in more clients to BofA and to better serve existing clients.
