HONOLULU - (10/28/04) -- With the presidential election justdays away, political debates cropped up everywhere at CUNA's FutureForum, from the 'CU Marketplace' exhibit hall to after hoursreceptions. One Denali Alaskan FCU director stumped for John Kerryas the right person to 'get us out of the mess Bush got us into,'while a Kauaii Community CU director rooted for George Bush andnoted that Hawaii, usually a Democratic stronghold could tilttowards Bush next week. A small group of Florida credit unionrepresentatives suggested their biggest hope was that whichevercandidate wins the notorious battleground state wins 'by alandslide' so there will be no question about how Florida votedthis time around. "We're all just hoping it's some other state onthe hot seat this time," one offered.
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Part of the growing "phishing-as-a-service" economy, the Spiderman kit offers novice hackers sophisticated tools to target customers of major EU institutions.
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Banks may need to offer people over the age of 65 more than just digital experiences, according to an executive at J.D. Power, which surveyed more than 11,000 retail banking customers.
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In a move some industry observers call "dangerous and irresponsible," the administration is taking down consumer protection guardrails that have been put up by states like California and Colorado.
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Rohit Chopra is named senior advisor to the Democratic Attorneys General Association's working group on consumer protection and affordability; Flagstar Bank adds additional wealth-planning capabilities to its private banking division; Chime promotes three members of its executive leadership team; and more in this week's banking news roundup.
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The Office of the Comptroller of the Currency Friday approved national trust charter applications for five crypto firms, affirming the administration's push to allow crypto companies the ability to take deposits.
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Kansas City Federal Reserve President Jeffrey Schmid and Chicago Fed President Austan Goolsbee said in statements Friday that their dissents from this week's interest rate decision were spurred by inflation concerns and a lack of sufficient economic data.
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