SACO, Maine – PeoplesChoice CU yesterday said it has introduced mobile banking, allowing its members to use Internet-enabled devices from virtually anywhere in the world.
Members can securely view account balances, transfer funds and receive customized alerts about account status such as low funds.
The security features of the service include multi-factor authentication, member-selected passwords and secure socket layer connection.
The fintech's CEO told analysts during Thursday's earnings call that generative AI was taking search by storm and that investors "should absolutely expect us to have an answer for that."
Average Americans are souring on their own financial health, according to a New York Fed survey. That includes their ability to pay off their debts.
The Congressional Review Act resolution to overturn the Office of the Comptroller of the Currency's rules on bank mergers passed 52-47.
The vote to invoke cloture on the Senate's stablecoin bill failed 48-49, delaying the final passage of the crypto legislation.
Experts warn that stopping modern scams requires more than AI. It takes human oversight, customer engagement and cross-industry collaboration.
The Dallas-based company's broker-dealer arm, Texas Capital Securities, has also made several recent hires as it continues to expand its capabilities.
