SYCRACUSE, N.Y - (08/25/04) -- Seeking to boost outstandingbalances in its card portfolio by one-third before year-end, EmpireFCU has rolled out a new card promotion offering a 1.99% rate onbalance transfers for new cardholders, and instituted a new rewardsprogram. It has further looked to cut expenses by moving all of itsVisa credit cards to Platinum platform. The goal is to increaseoutstanding balances from $14 million to $21 million by the end ofthe year. The rewards are being offered through the CURewardsprogram from St. Petersburg, Fla.-based PSCU FinancialServices.
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Sen. John Kennedy, R-La., asked acting Federal Deposit Insurance Corp. Chair Travis Hill, who has been tapped to lead the agency permanently by President Trump, for a report within 30 days about progress made in the agency's sexual harassment scandal, saying his vote is contingent on that report.
25m ago -
During Thursday's earnings call, CEO Michael Miebach said the payment company is partnering with large technology firms and offering consulting for the emerging form of artificial intelligence, attempting to expand a strategy to draw revenue beyond card processing.
50m ago -
In comment letters on the Consumer Financial Protection Bureau's new rulemaking on personal financial data rights, consumers begged the agency to protect their data from misuse.
2h ago -
A Luxembourg court ruled against the bank in a long-running lawsuit tied to its custodial role for a fund that invested in the massive Ponzi scheme.
7h ago -
The Federal Open Market Committee voted to reduce interest rates by 25 basis points Wednesday, but the emergence of dissents on the committee makes the chance of another quarter-point cut in December less certain.
October 29 -
American Banker's 2025 Small Business Banking conference yielded lessons about the need for speed, simplicity and safety in small-business lending. Other key takeaways included the significance of digital payment options and the importance of continuing to process SBA loan requests during the government shutdown.
October 29





