A "Maine People Helping Maine People 9-11 Remembrance ceremony" was held on Sept. 9 at the Maine Credit Union League. At the ceremony, Maine's credit unions paid tribute to the victims of 9-11 and their families, presented checks for $911.00 to each Red Cross Chapter in Maine and announced that Maine's credit unions have established a 9-11 Fund which will donate funds each year to the Red Cross Chapters in Maine in honor of 9-11.
GBank will serve as the bank partner for a cashless slot machine betting app that is looking to expand nationwide after getting a key regulatory approval in Nevada.
The payments company submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corp. to create PayPal Bank. If approved, Mara McNeill, the former president and CEO of Toyota Financial Savings Bank, will serve as PayPal Bank's president.
The small Missouri community bank partnered with embedded banking provider Treasury Prime to connect with fintechs and signed on its first sponsoree earlier this year.
New data shows a 21% jump in fraud attempts during Thanksgiving week, with automated bots and credential stuffing leading the charge.
Visa launched its Stablecoin Advisory Practice, a value-added service from its consultancy arm Visa Consulting & Analytics, to help financial institutions, fintechs and merchants deploy stablecoin technology.
Federal Reserve Gov. Stephen Miran said higher goods prices could be the trade-off for bolstering national security and addressing geo-economic risks.
