SAN JOSE, Calif. - (03/02/06) Tech CU said it hassupercharged its online banking with new enhancements aimed atexpanded security and convenience for members. Among them are:expanded e-statements allowing members to view statements as farback as 13 years; expanded Tech CU history allowing members todownload up to 14 months of their credit union history into Quickenand Money; more interactive interface for bill payments; a timestamp allowing members to verify the last time they logged on toonline banking, adding a layer of security to thwart phishing andpalming attacks. Tech CUs online service also allows directdownload of IRS 1098 and 1099 forms to Turbofan; and two-way,multi-factor authentication for log-ons.
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Research, insights and data on how banks and financial institutions are using AI can now be found in a new location on American Banker.
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The regulator argues the plans were costly, too theoretical and ineffective, eliminating the financial crisis-era requirement as part of the Trump Administration's deregulatory push.
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Thomas Owens, Trustmark's current chief financial officer, will take over as chief operating officer on May 1. The COO position has historically been a pathway to the top job at the Jackson, Mississippi-based bank.
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Will Artingstall, global head of digital asset payments and ecommerce solutions within Citi's Services business, sat down with American Banker to discuss the firm's banking-as-a-service business and how it fits into its larger corporate payments strategy.
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The bank's planned $142 million acquisition of Affinity Bancshares comes as war-related uncertainty appears to have slowed the industry's appetite for mergers.
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American Banker data finds that a majority of executives investing in technology expect payments enhancements in the immediate future as well as further out.
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