MARLBOROUGH, Mass. - (06/27/05) -- Digital Federal Credit Union (DCU)raised more than $225,000 at its 6th Annual Charity GolfTournament. The funds are being donated to the Boomer EsiasonFoundation and were raised through participation of more than 125golfer and 22 Major Sponsors. Boomer Esiason, the veteranquarterback of 14 years with the Cincinnati Bengals, New York Jetsand Arizona Cardinals and who is now a football commentator onradio and television, was on hand at the tournament. Esiason's sonsuffers from cystic fibrosis and millions of dollars have beenraised for the cause by the Boomer Esiason Foundation.
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Securities and Exchange Commission Commissioner Hester Peirce announced Friday that she would leave the agency on Oct. 2.
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The British financial firm's Pay with Smile uses facial recognition for no-touch checkout, an attempt to drum up support for its new point of sale device. As with most biometric checkouts, making users comfortable and building a network will be most of the battle.
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FiCare Federal Credit Union says callers passed Fiserv's verification with stolen data and got fraud blocks lifted. Five others reported the same.
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The Federal Reserve Board Thursday followed the lead of other regulators in seeking comment on its implementation of the landmark stablecoin legislation that passed in 2025.
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George Boyan is named CEO of New Jersey-based Unity Bancorp as James Hughes announces his retirement; the American Bankers Association has elected Iowa banker Matt Lujano as chair of the association's Community Bankers Council; fintech-turned-digital bank SoFi's stablecoin settlement partnership with Mastercard is now live; and more in this week's banking news roundup.
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The Republican-led bank, which touts itself as "pro-America," has struggled to turn a profit. The Federal Deposit Insurance Corp. said Old Glory failed to respond to a prior warning about capital deficiencies.
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