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The bank said the test showed blockchain can be used to conduct secure, low-cost cross-border payments without intermediaries.

Whether donating to worthy causes or recommitting to decades-long partnerships, credit unions are putting their best face forward and showing their communities what the CU difference is all about.

The blockchain-based platform, set to launch later this year, promises to make gold trading around the world faster, more transparent and safer.

Barbara Yastine, who stepped down as head of Ally’s banking unit two years ago, has become a director of Zions in Salt Lake City.

In the near future, branch authentication will likely rely more on things like iris scans and palm readers than physical ID cards.

The new CUSO is intended to provide services for credit unions across Southeast Texas.

The combined institution will have assets of about $1.1 billion and serve more than 91,000 members.

CUs will have improved opportunities to add areas, sources say, but new rules ‘not a panacea.’

The new controls include transaction-screening parameters users may adjust to their own risk and compliance policies.

Stakeholders have until May 9 to offer their thoughts on how to design an additional source of capital for credit unions.