FORT WORTH, Texas – Texas Business Lenders Group, a CUSO owned by six Texas credit unions, said yesterday it has signed with Cypress Software System to automate its business lending program for members credit unions with its BixMark platform. The CUSO will provide a centralized small business lending system for its credit union participants at its Forth Worth headquarters. The participating credit unions are: Community Resource CU, Dallas Telco FCU, First Community CU, Firstmark CU, EECU, and United Heritage CU.
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The topic of AI implementation came up on several big banks' first-quarter earnings calls. Morgan Stanley CEO Ted Pick said Wednesday that the firm views AI as a friend.
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President Donald Trump said he would fire Federal Reserve Chair Jerome Powell if he does not resign after his term as head of the central bank ends in May. Trump made a similar threat against Fed Gov. Lisa Cook before attempting to fire her last August.
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