DALLAS - (06/06/06) -- Community Banking Systems announcedMonday the launch of a new solution that will allow credit unionand bank customers to deposit checks from home. All that's neededto utilize the ePost system is a document scanner and a secureInternet connection. The launch of the system is seen as both acost-saving and fee-producing opportunity for financialinstitutions, which may charge a fee for home deposit services.Community Banking Systems has licensed a patent from DataTreasuryin order to market the home deposit system.
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The Toronto-based bank named Rahul Nalgirkar as incoming finance chief. Nalgirkar, who joined BMO in 2022 from Fifth Third, will succeed the retiring Tayfun Tuzun, who came to BMO in 2020 after working at Fifth Third.
14m ago -
Alan Childs pleaded guilty to using straw borrowers and falsified loan records to help a timber businessman secure millions in fraudulent loans.
23m ago -
Former employees at First Horizon Bank and M&T Bank committed crimes by misappropriating customer data and stealing money from a customer's bank account.
30m ago -
Andrew Foster, the bank's chief data officer, explained how he has been instilling data discipline across the organization and making the bank's data AI-ready.
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The Office of the Comptroller of the Currency will announce Senior staffers overseeing large, regional and community banks early next month, apparently reversing the unified approach to supervision it implemented earlier in the year.
58m ago -
Acting CFPB Director Russ Vought has managed to neuter the Consumer Financial Protection Bureau through a series of actions. Senate Banking Committee Chairman Tim Scott, R-S.C., played a major role by cutting funding in half.
8h ago