CHANTILLY, Va. – Online Resources Corp. said yesterday it is rolling out a mobile banking and bill payment services for its credit union and bank customers. It will be a hosted service that allows financial institutions to provide their customers with a full range of online services via cell phones and other wireless devices on an OFX-based software application that works on all U.S. wireless networks. The service is being offered through a partnership with Access Softek, a provider of technology software.
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Fincen also formally dropped a 2020 proposal on rules for self-custodied crypto wallets, citing the Trump administration's deregulatory agenda.
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Kyle Horn, the owner of a precious-metals dealer in San Diego, says his Bank of America account, which had about $50,000 in it, has been frozen for 18 months. He's suing to get his money back — and to win protections for other customers like him.
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Acquiring Huron Valley Bancorp will expand Bank of Ann Arbor's footprint in suburban Oakland County and give it a toehold in a part of that market it's been eyeing.
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