7+ hour, 42+ min ago   (186+ words) LONDON--Banking and credit card companies receive six times as many complaints as the average across other financial-services sectors, according to a new analysis by Huntswood, a ResultsCX company. Organizations in the banking and credit card sector handled an average…...

7+ hour, 42+ min ago   (295+ words) cutoday.info NEW YORK—The FDIC scored another victory in its multibillion-dollar legal battle stemming from Silicon Valley Bank’s collapse, with a federal appeals court ruling the agency did not have to file a proof of claim…...

7+ hour, 41+ min ago   (224+ words) cutoday.info WASHINGTON—The Office of the Comptroller of the Currency has granted preliminary conditional approval for Revolut and blockchain-focused OpenReserve to establish full-service national banks, according to separate decisions dated Sept The approvals do not authorize either bank…...

7+ hour, 43+ min ago   (196+ words) cutoday.info ANNAPOLIS, Md.— The Accredited Standards Committee X9 has launched an industry forum focused on identifying ways to reduce fraud across payment types and networks Participation in the X9 Payment Fraud Forum is open to anyone in financial services, and…...

2+ day, 22+ hour ago   (139+ words) CU Today WASHINGTON—Federal banking regulators have issued an interim final rule doubling the asset threshold for certain community banks to qualify for an 18-month examination cycle, increasing it from $3 billion to $6 billion.The change implements provisions of the…...

3+ day, 6+ hour ago   (251+ words) America’s Credit Unions Sets 3 Priorities For Final Congressional Push CU Today WASHINGTON--Time in Washington is running out for the current Congress, but America’s Credit Unions has three priorities it is working to advance through the end of…...

3+ day, 21+ hour ago   (182+ words) SOUTHLAKE, Texas — Lender Compliance Technologies (LCT) today announced the launch of a new credit union service organization (CUSO) – LCT CUSO – dedicated to making advanced automated-compliance solutions seamless and accessible to credit unions across the U.S. LCT CUSO is a…...

3+ day, 20+ hour ago   (203+ words) CUToday WASHINGTON— The Blockchain Association has urged federal regulators to tailor proposed customer-identification requirements for permitted payment stablecoin issuers to how stablecoins circulate rather than applying uniform, bank-style standards, according to Finance.Biggo.com The cryptocurrency industry group submitted…...

3+ day, 21+ hour ago   (219+ words) cutoday.info SAN FRANCISCO—Chime has agreed to acquire longtime bank partner Stride Bank for $590 million in cash, a deal that would give the financial technology company its own nationally chartered bank, PYMNTS reported According to PYMNTS, the transaction…...

3+ day, 21+ hour ago   (182+ words) SOUTHLAKE, Texas — Lender Compliance Technologies (LCT) today announced the launch of a new credit union service organization (CUSO) – LCT CUSO – dedicated to making advanced automated-compliance solutions seamless and accessible to credit unions across the U.S. LCT CUSO is a…...