Robinhood calls Massachusetts regulator “elitist” for attempted licence ban

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Robinhood has hit back at a Massachusetts regulator which filed an administrative complaint on Thursday...

Credit unions sound alarm on COVID-19 vaccination scams

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Credit unions are increasingly sounding the alarm about COVID-19 vaccination scams.The scams can come in a variety of forms, but the common denominator involves taking a consumer’s...

Digital transformation can boost minority homeowners

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Home ownership can be a powerful way to build wealth and boost long-term consumer financial...

States should take lead on regulating innovation: Wyoming senator

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WASHINGTON — The Senate's newest advocate for financial innovation did not come to the capital because she thinks the federal government needs to validate the digital banking...

Citi poised for cardholder acquisition push

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The king of cards is eyeing a comeback.Citigroup, the world’s largest credit card issuer, is looking to jump-start efforts to acquire new cardholders after the pandemic caused...

Wyoming’s new senator spreads gospel of financial innovation

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"We need to innovate and innovation occurs when regulatory climates and opportunities in states are allowed to flourish," says Wyoming Senator Cynthia Lummis.Senator Cynthia Lummis, a Republican...

With core switch, small Alabama bank aims to settle transactions in real time

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Without access to real-time services, bank customers don't always see their actual balance and transaction information across digital and nondigital platforms. An account user who deposits a...

MSU Federal Credit Union to launch financial concierge | Bank Automation News

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MSU Federal Credit Union is piloting a “financial concierge,” solution to build banking relationships with its members, and plans to launch the program...

Registration ends soon for 2021 Best Credit Unions to Work For rankings

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There is just one week left to register for the 2021 edition of Credit Union Journal’s annual Best Credit Unions to Work For program. The deadline to...

BNY Mellon, Citizens Financial and PNC report higher tech spending, mixed results on efficiency...

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Banks continued to report strong quarterly earnings on Friday, but presented a mixed bag of efficiency ratios. An uptick in efficiency ratios generally...

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