Member Access Illinois (MAI), an EFT network owned by 251
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Banks and credit unions are steering away from stablecoins chiefly due to lack of customer demand, per new American Banker research.
7m ago -
The two companies are collaborating on making the digital asset private for payroll and other business transactions. While it's unusual, as the most well-known stablecoins are on public ledgers, tech firms are warming to the idea.
6h ago -
Following a $60 million credit hit, the Salt Lake City bank said that it hasn't found any other related problem loans.
October 20 -
The parent company of Heartland Bank and Trust plans to acquire a smaller bank based in Carlinville, Illinois. The acquisition would give the buyer added heft in Central Illinois, as well as the Chicago and St. Louis metro areas.
October 20 -
Six trade groups warned the administration layoffs and funding freezes could dampen lending, threatening the administration's goal of economic growth.
October 20 -
The Boston-based bank is the second bank in three months to face pressure to sell by the activist investor group HoldCo Asset Management.
October 20