SAN JOSE, Calif. -- Tech CU said it has expanded its products and services for small business owners to include a comprehensive line that will help small businesses in financial management. The new line of products and services will include business checking accounts, free overdraft protection, business loans and lines of credit, payroll services and merchant processing. The $1 billion credit union said it is committed to building relationships with the thousands of small businesses in Silicon Valley.
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The company's investment advisory subsidiary was dinged for failing to properly disclose that its allocation of certain client assets represented a conflict of interest.
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Western Union CEO Devin McGranahan said at the Digital Asset Summit in New York that stablecoins were a great way to earn float revenue on money moving through its network. But the possibilities didn't end there.
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The payment firm's P2P app, which has only been available in the U.S., will provide a new lane for remittances and other cross-border payments.
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Capital One's Andy Ozment urges banks to break down internal silos and implement rigorous checks to catch nation-state impostors hiding in remote roles.
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Republican Sen. Josh Hawley repeated his long-standing criticism of Fair Isaac Corp. in a letter noting the detrimental impact of its prices on home buyers.
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JPMorganChase, Invesco and other digital asset leaders are increasingly open to working with public blockchains like Solana as well as private, permissioned ledgers like Ethereum layer 2s.
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