DALLAS - (02/17/06) -- Banking incentive company RennhackMarketing Services has introduced a new web-based incentive rewardsplatform aimed to supporting customer retention at banks and creditunions. BankingBonus is the online incentive platform thatspecifically targets the banking market, allowing banks and creditunions to add customer recognition and rewards tool and to provideincentives for front-line employees to improve customer service.The system allows both customers and employees to redeem points formerchandise, gift cards and leisure rewards using points earned.Employees could be rewarded for signing up new members, convincingexisting members to open new accounts or apply for a credit card.Members could earn redeemable points by referring friends orsigning up for automatic payroll deposit. BankingBonus featuresmore than 1,500 rewards items representing more than 380brands.
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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
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Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
February 9 -
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
February 9 -
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
February 9 -
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
February 9 -
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
February 9





