DALLAS – TNB Card Services announced yesterday it has acquired four more credit union cards portfolios, from Northeast Panhandle Teachers FCU, Southern Lakes CU, American FCU and Saugus FCU. The latest deals make a total of 21 portfolios acquired from credit unions in 2006. TNB Card Services is a wholly owned unit of Town North National Bank.
Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week's banking news roundup.
The Open Standard consortium understands what makes a stablecoin valuable isn't how digital it is, but how ubiquitous it is
Low daily, weekly and monthly Zelle limits can cause users to switch to other payment networks, raising the ante for banks to find solutions.
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
Sen. Elizabeth Warren, D-Mass., is asking President Trump's son Eric if he plans to refile a lawsuit against Capital One Financial for allegedly "debanking" hundreds of Trump Organization accounts. The letter follows President Trump's nomination of a Capital One executive to lead the Consumer Financial Protection Bureau.
The fintech sponsor bank plans to offer digital asset services.
