PITTSFIELD, Mass. - (10/08/04) -- In one of the largest credit uniongifts ever, Geylock FCU said it will donate $500,000 to BerkshireMedical Center as part of the hospital's $40 million renovation andexpansion. The $500,000 gift will be paid over the next five years.A local bank, Berkshire Bank, also agreed to contribute $500,000 tothe renovation campaign.
St. Cloud Financial Credit Union will be issuing its own stablecoin at the end of this year, becoming one of the first U.S. credit unions to do so.
The two BNPL giants' pay-over-time loans will now be available for in-store purchases on Apple Pay in a move to capture more sales at brick and mortar stores.
State regulator says blockchain tools are key to detecting money laundering and sanctions violations.
The Bank of England may cap ownership, drawing ire from crypto groups that claim that will hinder innovation.
Visa is introducing a premium service to the Middle East, and Lloyds Banking says its cash protection product is showing results. Plus, Brex teams up with Doordash and more in the American Banker global payments and fintech roundup.
A report from Democratic staff on the Senate Permanent Subcommittee on Investigations said accounting firm KPMG gave Silicon Valley Bank, Signature Bank and First Republic clean audits despite internal warnings, fraud allegations and apparent risks of failure.
