BEDMINSTER, N.J. - (12/12/05) -- Subscribers to Verizon Wireless willbe able to locate their credit union or an ATM or shared branchnear them using their phone starting this week. The wirelesscarrier plans to launch its location-based services market thisweek with a GPS-based subscription offering called VZ Navigator.Verizon's new service, VZ Navigator, which will be available as a$10-a-month or $3-a-day location-based service and will allow usersto locate addresses, landmarks and financial services. Similarlocator services are already available on a smaller basis on theNextel and Sprint networks, and on Blackberrys.
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In comment letters on the Consumer Financial Protection Bureau's new rulemaking on personal financial data rights, consumers begged the agency to protect their data from misuse.
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A Luxembourg court ruled against the bank in a long-running lawsuit tied to its custodial role for a fund that invested in the massive Ponzi scheme.
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The Federal Open Market Committee voted to reduce interest rates by 25 basis points Wednesday, but the emergence of dissents on the committee makes the chance of another quarter-point cut in December less certain.
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American Banker's 2025 Small Business Banking conference yielded lessons about the need for speed, simplicity and safety in small-business lending. Other key takeaways included the significance of digital payment options and the importance of continuing to process SBA loan requests during the government shutdown.
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Nine months after acquiring Heartland Financial, Missouri's largest bank posted a complicated quarter.
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The legacy money transfer firm plans to launch USDPT, a coin designed to improve international payment processing. That and more in the American Banker global payments and fintech roundup.
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