Navy FCU has introduced a TV campaign featuring three different spots in two of its major markets: Hampton Roads, Va., and San Diego. The ads, Navy Fed's first foray into TV, include a 30-second branding spot, a 15-second spot on mortgages, and a 15-second spot on auto loans. The ads, which target 18-to-35 year olds, will run for three weeks on cable, network and a sport package, including ESPN and selected games. "Most of our young members tend to be targeted in these markets," said spokesperson Lauren Moeller. The agency is White & Partners, Herndon, Va.
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Part of the growing "phishing-as-a-service" economy, the Spiderman kit offers novice hackers sophisticated tools to target customers of major EU institutions.
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Banks may need to offer people over the age of 65 more than just digital experiences, according to an executive at J.D. Power, which surveyed more than 11,000 retail banking customers.
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In a move some industry observers call "dangerous and irresponsible," the administration is taking down consumer protection guardrails that have been put up by states like California and Colorado.
11h ago -
Rohit Chopra is named senior advisor to the Democratic Attorneys General Association's working group on consumer protection and affordability; Flagstar Bank adds additional wealth-planning capabilities to its private banking division; Chime promotes three members of its executive leadership team; and more in this week's banking news roundup.
December 12 -
The Office of the Comptroller of the Currency Friday approved national trust charter applications for five crypto firms, affirming the administration's push to allow crypto companies the ability to take deposits.
December 12 -
Kansas City Federal Reserve President Jeffrey Schmid and Chicago Fed President Austan Goolsbee said in statements Friday that their dissents from this week's interest rate decision were spurred by inflation concerns and a lack of sufficient economic data.
December 12





