WEST PALM BEACH, Fla. - (07/11/06)The Credit Union Journal isannouncing its Call for Entries for its Best Practices awards. TheJournal published its inaugural Best Practices issue in November2005 and featured nearly two-dozen peer-leading ideas as selectedby the editors. Nominations may be submitted by credit unionsthemselves, a CUSO or even another CU. Nominations may also besubmitted by suppliers to the credit union community that haveclients they believe exemplify the best practice in implementing aparticular product or service. The criteria are as follows: 1) Bestpractice must have been deployed since May 1, 2005. 2) Credit union(or vendor) selects (or even creates) a category and nominatesitself/client CU. 3) The entry should include: 500 words or less onwhy it believes it has created a best practice within itsoperation. The nomination essay should include as many tangiblemeasures as practical. 4) A credit union may enter more than onecategory. 5) Nominations should be e-mailed to Managing Editor LisaFreeman at lfreeman@cujournal.com. The deadline for entries is Aug.1. Winners will be profiled in the Oct. 30 issue.
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JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
June 19 -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
June 19 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
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