University FCU said it contributed $20,000 to the University of Texas Libraries' first annual fundraiser. The nascent fundraising drive has raised more than $50,000 for programs, library collections and exhibitions so far. The 2005-06 campaign is the first-ever attempt by the libraries to reach out to University of Texas alumni and the local community to raise money.
The government MBS guarantor ended a 15-day advance notice mandate for extensions on a filing deadline so those with a March 31 due date can still ask for one.
The federal court rejected Flagstar's attempts for both a panel rehearing and an en banc hearing to overturn California's interest on mortgage escrow rule.
Banks must plan to support decentralized finance without disturbing their existing businesses. That's easier said than done.
The Treasury's financial crimes enforcement wing proposed a rule Monday that would incentivize whistleblowers to come forth with information that could assist in cracking down on scams, fraud or money laundering, at a time of heightened geopolitical risk.
Federal Reserve Chair Jerome Powell said the central bank is cautiously monitoring consumer sentiment as tensions from the Iran war push energy prices higher, complicating efforts to bring inflation down to the Fed's target.
Can banks win at agentic commerce? What's next for real-time payments? And where are mobile wallets headed? The industry's top experts will dive into these issues at American Banker's Payments Forum from May 4-6 in San Francisco.
