ALEXANDRIA, Va. - (07/17/06) Pentagon FCU announced Fridaythat its non-profit foundation raised $300,000 during lastweeks second annual Night of Heroes Gala tohelp support soldiers injured fighting in Iraq and Afghanistan.Soldiers, credit union members and the community mingled at thebanquet with the wounded from Walter Reed Army Medical Center,where the Pentagon FCU Foundation has helped finance the FisherHouse hospice. Funds raised during the gala will be contributed toa variety of projects, including those providing financial supportfor military families, renovations at Walter Reed Medical, and daycare programs for children of wounded soldiers being treated atmilitary facilities. The Pentagon Foundation has raised more than$750,000 to support wounded soldiers over the last three years.Among the projects underwritten by the Foundations MilitaryHeroes program are furnishings for the new Fisher Home convalescentfacility at Walter Reed; the installation of wireless computers atFisher House; and dinners out at a local steak house for the FisherHouse residents.
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Groups representing community banks and credit unions argue that the Department of Agriculture used a faulty process when it removed 10 lenders from its OneRD loan guarantee program
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The Kansas City bank plans to purchase St. Louis-based Nolan & Associates, adding to its investment banking advisory capabilities.
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Wise grew its net revenue 19% year over year to $2.5 billion in its fiscal 2026, aided by increased deposits, cross-border volume and spending on the Wise card. It's the latest sign that interest in cross-border payments and multicurrency accounts is heating up.
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X Money includes rudimentary functions like deposits and P2P transfers. But it's also laying groundwork for a potential move into agentic commerce and broader financial services — which analysts say is necessary for the app to thrive in a crowded market.
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Taktile's backers now include Goldman, Tiger Global and Index Ventures, lifting its total raised to $184 million since 2020.
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The Bank of International Settlements compared the recent AI investment frenzy to the canal mania of the 1830s, the British railway craze of the 1840s and the dot-com boom of the late 90s.
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