ST. PETERSBURG, Fla. - (07/13/06) PSCU Financial Servicesannounced that it is now offering a comprehensive identity theftsolution to its credit union members through an agreement with IDTAlliance. The service comes in two tiers. Basic coverage includesan assigned recovery advocate that assess the damage, creates arecovery plan that includes the use of limited power of attorney,corrects all incidents of fraud, and provides a post-recoveryfollow-up. Advanced coverage adds continuous credit monitoring withweekly alerts that identify account activity, identity theftinsurance and educational materials. Credit unions can elect tomake this service available free to all members or use the serviceto reward Platinum cardholders, members with both credit and debitcards or users of other bundled services.
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The digital bank gives its business clients the option of feeding their bank account data into Anthropic's large language model, which will then provide answers to their questions.
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The Office of the Comptroller of the Currency Friday terminated a 2022 enforcement order against Anchorage Digital, the first federally regulated crypto bank, at a time when fintechs and crypto firms are increasingly seeking national trust charters.
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More nonbank digital asset firms are applying for national trust charters, a development that many banking organizations oppose due to what they say is inadequate oversight, lack of congressional intent and no FDIC backstop.
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The Federal Open Market Committee member is the third Democrat the Trump administration has accused of committing occupancy fraud.
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The Charlotte, North Carolina-based bank, which is focusing its growth push in the Southeast, is also planning to renovate 300 existing offices as part of an effort to attract more mass-affluent customers.
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The Swedish financial institution will sell future buy now/pay later originations to Nelnet. Also, RBC and BMO may sell their payments joint venture; and other news in the global payments and fintech roundup.
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