ONTARIO, Calif.-DU Direct Corp. said it has signed three more CUs to its CU Direct Lending platform. Oklahoma Central CU, Aloha Pacific FCU and Charter Oak FCU will be integrating their back-office processing and loan origination with CUDL's platform. Two others, Sandia Laboratory FCU and Franklin Mint FCU, have also signed a partnership agreement with CUDL to implement its AutoSMART program. Those two credit unions will employ the AutoSMART program to help extend their brand and member offerings by providing members with a wide-range of online vehicle research tools, as well as access to dealers and their inventories.
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The companies have signed a new data-sharing agreement that includes an undisclosed pricing structure. Plaid said it will not pass the new costs on to its clients.
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A group of Democratic Senators led by Elizabeth Warren, D-Mass., urged regulators to keep the 2023 Community Reinvestment Act overhaul, saying the rule was carefully crafted with bipartisan input.
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The Denver-based bank-holding company's pending acquisition of Vista Bancshares in Dallas is an opportunity to expand into key fast-growing Texas markets and deepen its talent bench, CEO Tim Laney told analysts.
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The White House said it will appeal a circuit court ruling allowing Federal Reserve Gov. Lisa Cook to remain on the central bank board while her lawsuit challenging her dismissal is litigated.
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Early Warning Service's peer-to-peer payments network saw payment volume growth accelerate in the first six months of 2025, buoyed once again by small-business payments.
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As President Trump calls for scrapping quarterly earnings reports and switching to a six-month schedule, industry observers wonder whether the time saved would be worth the potential loss of transparency.
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