WICHITA, Kan. Wayne Warfel, CEO of Wichita FCU the past 19 years and before that a state credit union supervisor, announced he is retiring May 31, ending 38 years in credit unions.
Warfel’s credit union career began in Illinois and included a three-year stint as Kansas’ top credit union regulator before he took the job at Wichita Federal, which now has $77 million in assets.
Eightfold AI, which many companies use as they screen job candidates, is being accused of gathering information about applicants without their consent. The lawsuit also alleges that the company uses an algorithm to judge candidates without explaining how it works.
Faraz Shafiq, formerly of AWS and Google, will oversee the bank's vision for enterprise-wide artificial intelligence initiatives.
CEO Gunjan Kedia joined nearly 70 chief executives of Minnesota-based companies in calling for "an immediate de-escalation of tensions" in Minneapolis, where a second resident was fatally shot by federal immigration agents on Saturday.
New research from American Banker finds that more than 30% of all institutions see open finance as a high priority for growth, but challenges hold many back.
Pre- and post-purchase, buy now/pay later loans from Affirm will be available on Fiserv-issued debit cards. Last year, Affirm and FIS inked a deal to bring Affirm's BNPL loans to FIS-issued debit cards.
The bank technology seller closed the sale of its payment processor to Global Payments, which sold its card issuing unit to FIS. Helping banks get a handle on artificial intelligence is a big part of FIS' plan to reach banks.
