AUSTIN, Texas - (08/31/04) -- Three credit unions have selectedindirect lending software, known as Software Application forIntegrated Lending, or SAIL, from Teres Solutions, Inc. The creditunions are: IBM Texas Employees FCU, Lockheed Georgia Employees'FCU, and United Heritage CU. SAIL Indirect is a Web-basedtechnology that resides within a credit union's infrastructure andwhich integrates with all major credit union core systems andcredit bureaus, and features an intuitive userdashboard.
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A White House executive order issued Friday afternoon directing regulators to ease Dodd-Frank compliance burdens comes as a bipartisan housing bill advances on Capitol Hill.
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The bank and fintech entered an agreement to expand open banking ahead of the CFPB's new 1033 rule and announced joint fraud-combatting product improvements.
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A federal judge wrote in an opinion that a "mountain of evidence" suggests the subpoenas were an effort to push Federal Reserve Chair Jerome Powell to lower interest rates or resign.
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Investors claim JPMorganChase collected fees while ignoring suspicious transfers linked to a $328 million crypto Ponzi scheme.
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Federal bank enforcement actions have dropped sharply since the start of the second Trump administration, but experts' views vary about whether less enforcement will result in a buildup of risk in the financial system.
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Billy Beale, who was hired to clean up Virginia-based Blue Ridge Bankshares after its failed foray with fintechs, has left the $2.4 billion-asset company. His successor is Harry Golliday, who was named interim CEO.
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