EL PASO, Texas – El Paso Employees FCU said it granted $20,000 in scholarships to eight high school seniors and six undergraduate students.
The credit union awarded two students $4,000 and12 students $1,000 each.
El Paso Employees FCU has awarded a total of $211,000 in scholarships to high school seniors and undergraduate students.
Bank of America, Capital One and other large banks have teamed up to publish a set of principles for agentic commerce. But the call for a set of standards from banks comes as other fintechs and payment companies are already forging ahead with the technology.
WestStar Bank of El Paso is acquiring Albuquerque's Southwest Capital Bank, bringing it six new branches in New Mexico.
The U.S. economy is expected to keep growing despite nagging inflation, according to the latest consensus report from the American Bankers Association's Economic Advisory Committee.
As the payment company looks for new ways to drive volume, it's using the social media company's personal artificial intelligence to aid shopping and checkout.
An AI agent's capabilities are only part of the decision. Banks also need to establish limits of delegation, the consequence of errors and who can intervene.
Several proposed updates, including lower risk-weight floors for certain securitizations and corporate loans, could make it more attractive for banks to finance or hold certain private credit-related assets, experts say.
