The Credit Union 24 Network reported it hit a new high in monthly volume during July when it performed nearly 17 million transactions through its EFT network in July. That figure is a 40% figure over the same period in 2004. While increases in point-of-sale transactions contributed to the volume increase, Credit Union 24 said that ATM volumes have also continued their steady rise, with monthly activity at ATMs up more than 30% over July 2004. "We've already seen over 25 million more transactions on the network than we did last year at this time, and we expect more record-setting months ahead," said CEO Jim Park.
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Bank-favored provisions that were included into the House's version of a bipartisan housing bill threaten to derail Senate passage, but Senate Banking Committee moderates seem skeptical of the combination.
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The digital bank slashed its share volume and pricing the day before its public debut and following a mixed U.S. public debut for fellow Brazil fintech PicPay.
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The Ohio bank said its 2027 earnings per share will be lower due to an accounting revision linked to its acquisition of Cadence Bank. But CEO Steve Steinour remains sold on Huntington's expansion plans, calling the Cadence deal a "home run transaction."
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Houston developer Colony Ridge Development agreed to resolve allegations that it operated a bait-and-switch scheme targeting Hispanic immigrants that led to massive foreclosures.
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JPMorganChase, Citi and Custodia are among the banks that have built digital asset projects on the Ethereum blockchain.
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The district's appeals court let stand a May 2025 ruling that dismissed most of the D.C. Attorney General's claims against EarnIn in a major win for the firm and good news for fintechs looking for favorable regulatory treatment.
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