MEMPHIS - (11/07/05) -- Memphis Area Teachers FCU announcedFriday it will award up to $60,000 in scholarships to high schoolseniors or college freshmen who are members and planning a careerin education. The credit union will grant six scholarships withwinners receiving up to $10,000. Applicants must be attending orplanning to attend a teacher preparation college or university andmust have at least a 'B' average.
The bank is accusing its fintech rival of racketeering for raiding its offices across nine states and stealing an untold amount of confidential information.
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.
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.
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.
Regulators want firms to spot where several critical functions ride on one provider, a question the department's earlier vendor guidance did not ask.
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.
