PENSACOLA, la. - (02/18/04) -- Pen Air FCU said it has installed911 call buttons on its ATMs to improve safety for its members. Thecredit union has installed the panic buttons on ATMs near itsdowntown offices and at a suburban machine and plans to installthem on all of its machines. The emergency call buttons can beactivated by inserting an ATM card and allows the 911 dispatcher tohear everything within 20 feet of the machine. The credit unionposted signs nearby alerting users of the emergency callsystem.
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The Canadian institution plans a U.S. tokenized deposit, contending that it can help banks keep and grow deposits amid threats from fintech-issued cryptocurrency. Founder and President David Taylor is encouraging others to do the same.
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Founder and executive chairman Edward Nigro will step back into the top executive spot after Ryan Sullivan informed the company he didn't plan to renew his employment contract.
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The Bureau of Labor Statistics reported that the economy added 22,000 jobs in August, raising the unemployment rate to 4.3% and providing additional cover for the Federal Reserve to lower interest rates in September.
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Fintechs are rolling out business financing tools that are packaged as buy now/pay later and earned wage access in the hopes of capturing momentum from the budding consumer finance industries.
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Both Fannie Mae and Freddie Mac made similar changes to their policy when it comes to disclosures and retention rules for an appeal of a valuation.
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Organizers of the planned Portrait Bank say they're well ahead of initial capital-raising goals as they near completion on leasing a property to serve as headquarters
September 4