BINGHAMTON, N.Y. – Horizons FCU has signed with Manley’s Mighty Mart to offer credit union members access to the convenience chain’s 23 ATMs.
The deal allows members of the $95-million credit union to use their debit, ATM or VISA cards at any Manley’s Mighty Mart ATM without incurring ATM fees.
A July pickup in activity is just a start, experts say. The banking industry's drive for scale and greater efficiency is expected to drive a renewed wave of consolidation, pushing the institution count lower.
Administration of the Community Development Financial Institution Fund at the Treasury Department will be led by the CDFI Fund's legal counsel following the resignation of the fund's director.
Paxos and Mastercard are among the firms betting that legal clarity will lead to a wider range of stablecoin users.
Google, Oliver Wyman and Corridor Platforms offer bankers a safe space where they can experiment with using generative artificial intelligence for customer interactions.
The Treasury's financial crime agency delayed enforcement of a variety of Bank Secrecy Act requirements for investment advisors in order to gain time to revise and tailor regulations.
Kate Luft, a former chief of staff for Citi CEO Jane Fraser, is now running the company's U.S. retail banking business. In her first interview since getting the job, Luft discussed what banks can learn from airlines and the advantages that incumbents have over fintechs.
