NDS Signs Maine FamilyFALMOUTH, Maine-Northern Data Systems (NDS), a distributor of Sharetec Systems core processing, said Maine Family FCU, Lewiston, Maine, has implemented Sharetec's Mobile Banking and Segmint's digital marketing technologies.For info: www.ndsys.com.Fiserv Wins RecognitionBROOKFIELD, Wis.-Fiserv has won the XCelent Customer Base award from research firm Celent. Fiserv was recognized for the depth and breadth of its customer base, which includes more than 750 financial institutions that rely on the company for anti-money laundering (AML) and fraud prevention solutions.Red River Selects SharetecWACO, Texas-Red River FCU has selected Sharetec Systems to be its new core processor.For info: www.sharetec.com.Vitrual StrongBox LaunchedHERNDON, Va.-DigitalMailer has released its newest Software-as-a-Service offering, My Virtual StrongBox. The service lets consumers load important documents into their financial advisors' protected document library using secure document technology. Northwest FCU, Herndon, Va., has become the first to sign on.CU Prefers SymitarWARREN, Mich.-Member Driven Technologies has converted Preferred FCU, Greenville, Mich., to Symitar's Episys platform.For info: www.mdtmi.com.iPhone App ReleasedNEW BRIGHTON, Minn.-The CUSO CU Companies has released a free mobile application for the Apple iPhone for use by its owner CUs. Features include delivery of mortgage rates, educational information including articles and video, and a location-based ATM finder. The app can be customized.For info: www.cucompanies.com.Efficiency Upgraded At Fort KnoxALPHARETTA, Ga.-Financial Management Solutions said Fort Knox Federal Credit Union has successfully reversed declining branch efficiency with its workforce optimization solution, the Teller Management System. The CU cited a 21% drop in labor cost per transaction since implementation.For info: www.fmsi.com.Q2ebanking, Trusteer Team UpAUSTIN, Texas-Q2ebanking has partnered with Trusteer, a provider of cybercrime prevention solutions, to add an additional layer of security to Q2ebanking's platform. The partnership integrates the Trusteer Product Suite, including Trusteer Rapport, with Q2ebanking's single platform of e-banking solutions.For info: www.q2ebanking.com.
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The Federal Trade Commission has ended enforcement of disparate-impact claims under federal antidiscrimination law, aligning with the stance taken by other federal agencies during the Trump era.
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Berger Financial Group plans to more than double its footprint and staff, and Investcorp is looking at more opportunities beyond supporting Berger in the "untapped" wealth space.
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The federal agency has denied the Dutch neobank's de novo bank charter application, citing "significant supervisory and compliance concerns."
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Gateway Bank, which has narrowed its losses under new CEO Mukhtar Ali, hired a team of residential-construction lenders to speed its return to profitability.
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The core provider is conducting a review of its offerings after a 21% decrease in earnings per share and a drop in revenue from its core banking sector.
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Near-term expectations for price growth fell in the latest consumer sentiment survey from the Federal Reserve Bank of New York, but remains above the central bank's target across all time horizons.
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