MANCHESTER, N.H.-CU Journal is joining with St. Mary's Bank and CO-OP Financial Services, to recreate the first credit union transaction 100 years later. "Nov. 24, 1908 is a special day for St. Mary's Bank, one we're proud to reenact for all to enjoy," said Ronald J. Rioux, CEO of St. Mary's Bank. "But we recognize and appreciate that the history we will be recreating belongs not just to St. Mary's Bank, but to every credit union in America."
Nine months before the outage, the NCUA told a federal council it may no longer need the authority to examine vendors like the one that failed.
Anthropic lined up some of the biggest names in the industry for the rollout of Claude for Financial Advisors. But whether the tool is "revolutionary" or "just another integration," the hard work is just beginning for the AI firm and for its sole custody partner, Schwab Advisor Services.
State-level estate taxes can be imposed at much lower thresholds. From domiciles to the timing of moves, here's what financial advisors should keep in mind.
The banking-as-a-service business model has for more than a decade counted fintechs as its bread-and-butter clients, but as those same fintechs secure their own banking charters, some sponsor banks are narrowing their focus.
The Boston-based bank, created last year through a merger of equals, appointed Sean Gray as its next CEO. Gray's predecessor informed the company last week of his plans to retire.
The card network's Wallet Pay is designed to make apps interoperable and available on its merchant network. It's the latest of several moves from Mastercard and Visa that aim to attract banks and merchants into the digital wallet market.
