ALBANY, N.Y. - (05/05/06) -- Employees of State Employees FCU andlocal residents traded pretend deeds and play money on behalf ofthe city's Center for Disability Services Tuesday. SEFCU's 14thannual Monopoly Tournament, one of the largest in the Northeast,raised $8,500 in real money for the local charity. More than 130people participated in this year's tournament, with individualseach paying a $30 entry fee and corporations paying $250 for a teamof four. The $1.2 billion credit union has raised more than $52,000through the annual tournament for the Center for DisabilityServices, which provides services for children, adults and seniorswho live with disabilities.
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The bank is accusing its fintech rival of racketeering for raiding its offices across nine states and stealing an untold amount of confidential information.
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Mirroring the efforts of a number of larger institutions, Portland-based Northeast Bank plans to open a de novo branch in Bangor and renovate its seven existing branches.
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The Brazilian digital bank is bringing its services to U.S. consumers through a partnership with Lead Bank as it awaits its own final charter approval.
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Research from Cerulli Associates suggests that many RIAs have a long way to go with AI adoption while already finding possible ramifications for back-office staff.
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Regulators want firms to spot where several critical functions ride on one provider, a question the department's earlier vendor guidance did not ask.
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The digital asset and card-issuing firms are supplying the guts to enable transactions for cards and digital wallets, betting that Mastercard's ties to both firms will be attractive to banks, consumers and merchants.
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