Movers and shakers: Michael Lehmbeck new CIO at AgFirst
AgFirst Farm Credit Bank has named Michael Lehmbeck chief information officer. Michael Lehmbeck, AgFirst Farm Credit Bank Lehmbeck joins the ...
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CFPB moves to withdraw open banking rule
The Consumer Financial Protection Bureau’s new leadership has been pulling back, and the latest retreat is likely to affect open ...
Digital banking transactions: SouthTrust Bank taps Jack Henry for upgrade
SouthTrust Bank has selected financial technology service provider Jack Henry to upgrade its digital infrastructure. (Courtesy/CanStock) A Jack Henry spokesperson ...
Payments groups want 3.5% remittance levy killed from tax bill
A proposed 3.5% tax on remittance transfers should be killed because it invades consumer privacy and would encourage the use ...
Nearly 75% of Better.com originations use AI
Online mortgage originator Better.com is deploying AI within its internal and external operations to drive efficiencies. The New York-based company ...
Stablecoin issuer Circle, holders seek $624 Million in IPO
Circle Internet Group Inc. and some of its backers are seeking to raise as much as $624 million in a ...
Teachers FCU sees 75% cut in decisioning time with AI
Teachers Federal Credit Union has reduced its loan decision time by 75% with deployment of Corridor Platforms’ gen AI-powered underwriting ...
Zelle to expand its network in 2025
Payments platform Zelle plans to add to its network this year amid growing demand for instant payments among consumers and ...
Capital One: ‘Swiss cheese,’ multilayered approach needed to fight fraud
After auto fraud exposure hit record highs in 2024, lenders and dealers are using multilayered fraud-prevention systems and looking to ...
Vantage Bank looks to stablecoin for international payments
Vantage Bank continues to develop its stablecoin infrastructure and has identified international payments as a use for the tech. “We ...
