EAST WINDSOR, N.J. - (07/13/05) -- McGraw-Hill Employees FCU, whichserves mainly employees of the sprawling publishing house, willcelebrate its 70th anniversary this year with a new home. The $200million credit union's new 19,900 square-foot headquarters willreplace offices it had occupied inside the BusinessWeek and textbook publisher's East Windsor campus. The new facility will houseabout 50 employees, as well as a branch and expandedoperations.
Following a massive earnings miss three months ago, the bank-technology seller on Tuesday reported signs of stability and an embrace of new payments and financial services technology.
Beast Industries, owned by the YouTube star known as MrBeast, has acquired the Gen Z-oriented financial wellness app Step.
The iOS technology enables payments without requiring merchants to add extra hardware. The card network is embedding the option into a broader suite of merchant technology to bolster its services strategy amid competition from Mastercard and fintechs like Block and Stripe.
A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
