NCUA has released several new videos about the protection it provides to federally-insured credit unions.
The three videos, posted on the administration's
"Federally insured credit unions are a very safe place to save," said NCUA's board chairman, Debbie Matz, in a pres release. "No member of a federally insured credit union has ever lost a penny of shares insured by NCUA."
The faster timelines for completing bank mergers this year reflects a transformed regulatory environment under the Trump administration. In several cases, deals have closed just a few months after they've been announced.
The deal brings together a banking core provider and a digital banking software platform to offer an end-to-end tech product for community and regional banks.
In Brazil, QR codes have been powering Pix, the country's instant payment scheme, for years. Two fintechs are hoping that connecting QR codes to instant payment schemes such as FedNow will help drive uptake for instant account-to-account payments.
The expansion-minded Hampton Roads-based lender announced plans to acquire Dogwood State Bank just weeks before its plans to close a deal for a Virginia-based competitor.
Everything from company culture to data security concerns is hamstringing the pace of automation in financial services, per new American Banker research.
The firm, which is relaunching its signature payment system, gets a branding opportunity and a testing ground in dozens of stadiums and arenas.
