CORVALLIS, Ore. - (11/30/05) -- OSU FCU said it donated a total of$33,000 to local education programs, including $25,000 towards tothe $4 million renovation of the Linn-Benton Community Collegescience and health labs. The credit union also awarded $1,000 eachto eight area schools for program support. Schools receiving grantswere Corvallis Waldorf School, Philomath High School, EddyvilleCharter School, Waldport High School, Santiam Christian School,Scio High School, Central High School and Midvalley ChristianAcademy.
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The card brand introduced tech for businesses to tap agentic AI, while Revolut counters Italy's accusations of inaccurate marketing. That and more in the American Banker global payments and fintech roundup.
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The Treasury Department Wednesday proposed a set of rules that would require stablecoin issuers to abide by risk-based anti-money-laundering programs similar to those that banks must employ, as well as secondary market monitoring and independent testing by issuers.
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Closing its Brex acquisition adds a corporate-focused fintech and new agentic commerce tools to an already considerable consumer payments division.
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American Banker data found that those who upped artificial intelligence spending by more than 25% in the last year saw major improvements in employee output.
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A new Basel III proposal offers mixed results for warehouse lending, with some risk-weight relief for banks but tougher terms that could crimp credit availability for nonbank mortgage lenders.
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Organizers of the Winter Park-based Portrait Bank said they exceeded their capital-raise target by a wide margin, clearing the path for a June soft launch.
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