TALLAHASSEE, Fla. - (09/14/04) -- With the powerful Hurricane Ivanrapidly approaching the state, the Florida CU League said it hascollected almost $140,000 from credit union officials and employeesfor its Hurricane Relief Fund. The fund has made 82 grants of $500each to credit union volunteers and employees who suffered damagesduring the major storms of the past two weeks, hurricanes Charleyand Frances. League officials are also reminding all credit unionsto the west of this state's capital, where the latest storm isexpected to hit, of its emergency communications system, which hasbeen getting a workout in the past month as the two earlierhurricanes, struck different parts of the state.
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The technology company recently announced iris authentication in smart glasses, bringing new attention to a nascent high-tech payment option that has also attracted Mastercard and Bank of America.
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After buying the failed Silicon Valley Bank, the Raleigh-based regional joined a growing number of banks fighting to serve Boston's tech startups, life sciences entrepreneurs and fund investors.
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Now that the Consumer Financial Protection Bureau has refused to request funding from the Federal Reserve System, many experts see the case making its way to the Supreme Court.
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The two regional banks, which are combining in a merger of equals, had previously said they expected to complete the deal sometime in the first quarter of 2026.
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The bank is a step closer to having its own U.S. dollar-pegged cryptocurrency. It could become the first major financial institution to issue a stablecoin.
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Recent high-profile ethics violations by senior Federal Reserve officials, including new revelations concerning stock trades by former Fed Gov. Adriana Kugler, have sparked debate over the effectiveness of the central bank's oversight, even as some observers stress such cases remain rare.
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