The $1.2-billion State Employees FCU here has signed an extension of its agreement with Digital Insight to bring an online banking solution to its members. The credit union is crediting new business from the online channel for helping it to grow to its current assets from the $611 million in assets in 2000, when it first began offering the Digital Insight solution. Through Calabasas, Calif.-based Digital Insight, SEFCU offers its members Internet banking in English and Spanish, bill payment and presentment, check imaging, online support via chat and email, and wireless banking. SEFCU will soon launch additional solutions including online cash management for business members, account aggregation and person-to-person transfers.
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OakNorth Bank in London is eager to utilize the data it's collected from providing risk management software to American banks over the past five years. Its growth plans include eventually acquiring a charter here and making commercial real estate loans.
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An independent examination of the Federal Deposit Insurance Corp. workplace culture revealed an atmosphere of sexual harassment, discrimination and misconduct at the agency and raised the need for significant reforms.
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Cybersecurity leaders for Visa, Deluxe and Fiserv said powerful cloud players have been unresponsive to their requests to monitor the vendors' security postures.
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The full House is scheduled to vote Wednesday on a Congressional Review Act resolution that would overturn a staff accounting bulletin from the Securities and Exchange Commission. Banks argue that the guidance would effectively cut them out of the crypto custody business.
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Thousands of consumers had to wait more than 90 days for funds after their accounts were suddenly closed, according to the Consumer Financial Protection Bureau.
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Katherine Weislogel's career began by being in the right place at the right time.
6h ago