NAFCU has reorganized its government affairs department to create a new political affairs division headed by Murray S. Chanow, formerly NAFCU's senior legislative representative. Chanow's new duties will include directing NAFCU/PAC, the association's political action committee, leading NAFCU's grassroots programs and managing the annual Congressional Caucus public affairs meeting. Brad Thaler continues to lead NAFCU's congressional lobbying team as director of legislative affairs. "It's become apparent over the last year that we need to place more emphasis on our political programs," said NAFCU President Fred Becker, "and I can't think of a more qualified person to lead our efforts in this area than Murray Chanow." Becker pointed to the association's increased visibility last year at the two national party conventions as well as activities earlier this year associated with President Bush's inauguration-all of which Chanow had a large part in orchestrating.
-
Citi payments exec Driss Temsamani said there's more work needed to bridge gaps to enable artificial intelligence to work broadly for payments and finance.
1h ago -
On Thursday, Citi will hold its first investor day in four years. The megabank, which has undergone substantial change under CEO Jane Fraser, is expected to share its strategy for driving higher profitability, deploying AI and ramping up shareholder returns.
1h ago -
In addition to 10 new AI agents for financial services, the company announced partnerships with software and data providers FIS, Microsoft, Verisk, Third Bridge, Fiscal AI, D&B, Experian, GLG, Guidepoint and IBISWorld.
3h ago -
Public comments on the Office of the Comptroller of the Currency's GENIUS Act implementing regulations highlighted the rift between banks and crypto firms over the permissibility of yield on stablecoin holdings, an issue that has stalled crypto market structure legislation for months.
8h ago -
The proposal is part of what SEC Chairman Paul Atkins calls his "Make IPOs Great Again" agenda.
May 5 -
Opportunity favors the prepared, and Cambridge Savings Bank had been saving for years to buy a nearby rival. Now, as the mutual bank announces plans to acquire First Seacoast Bank, it says it's found "the right deal at the right time."
May 5










