HACKENSACK, N.J. - (03/14/06) -- Six credit unions from across theUnited States are implementing Green Armor Solutions' Identity CuesTwo Factor authentication and anti-phishing system. Identity CuesTwo Factor will allow the credit unions to improve authenticationfor online banking and to meet new FFIEC and NCUA guidelineswithout sacrificing user friendliness, and without having to endurea complicated and costly enrollment process. The credit unions are:Hartford Healthcare CU, Sterling Van Dyke CU, State Police CU,Metropolitan District Employees CU, Fairfield County FCU andHomeport FCU.
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First Northwest Bancorp in Port Angeles has selected an Everett, Washington-based competitor's president to serve as its new top executive.
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The Charlotte-based megabank announced that it had appointed two business leaders to be co-presidents of the bank, and elevated its chief financial officer to serve as executive vice president.
4h ago -
The Massachusetts bank is being accused of aiding and abetting the operation of a Ponzi scheme centered in Hamilton, New York. The bank declined to comment on the allegations.
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City National Bank promotes Brandon Williams to head private banking and wealth management; a former U.S. Postal Service letter carrier is sentenced to five and a half years for stealing over $10 million in checks from the mail; Lazard expands its North American investment banking franchise with two managing director hires; and more in this week's banking news roundup.
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The government-powered network is allowing larger payments to settle instantly, a move The Clearing House has also made for its RTP network. Payment experts say more than higher limits are needed to make speedy processing ubiquitous.
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The world's largest stablecoin issuer is preparing to launch USAT, its U.S.-regulated, dollar-backed stablecoin, by the end of the year, Tether CEO Paolo Ardoino told reporters at an event in New York. Bo Hines was also named CEO of USAT.
7h ago