FedComp, a provider of core data processing software to more than 1,000 credit unions, and Genpass, manager of the MoneyPass surcharge-free ATM network, have entered into an alliance under which FedComp will provide an interface to and promote Genpass EFT process and the ATM network to its clients.
For info: www.genpass.com
For the second week in a row, the 30-year fixed increased by 11 basis points, Freddie Mac found, a result of reaction to oil price hikes from the Iran conflict.
U.S. Bank's merchant acquiring group this week named Wally Mlynarski — formerly of Bank of America and a former executive at Evalon — to the top job as AI sweeps over the industry and with fintechs and traditional rivals ready to pounce.
The Federal Deposit Insurance Corp. rolled back a 2009 policy that banned nonbanks from buying failed banks, a move the agency says it aims to widen the bidder pool and cut failure costs.
Brett Tejpaul, co-CEO of Coinbase Institutional, discussed how the crypto exchange plans to bring its trading infrastructure to more financial institutions.
The pace of applications and closings on new construction fell from January, while the average loan size also declined, despite a period of lower rates.
AI's rapid growth also means that even the best crafted plans might need to be adjusted in a few years if not months, Anthropic and Google leaders said at ICE Experience 2026.
