Navy Fed to pay $95M for charging illegal overdraft fees
The Consumer Financial Protection Bureau today fined Navy Federal Credit Union for illegally charging customers overdraft fees, calling it the...
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Citizens streamlines account openings with in-house solutions
Citizens Bank is moving away from third-party vendors and launching in-house solutions to simplify account opening. (Courtesy/Citizens Bank) The $219...
Transactions: FIS Q3 wins
Technology provider FIS ended the third quarter with the acquisition of payment systems company Dragonfly Financial Technologies, a move that...
Presidential election ‘24: Implications for AI in banking
AI might be of importance in the financial services industry, but it doesn't seem to be top of mind for...
Why FIBT is joining FedNow and RTP
First International Bank and Trust is expanding its real-time payments options to boost revenue and meet customer demand. The Wadford...
Fifth Third’s Schramm joins speaker faculty at Bank Automation Summit 2025
Jude Schramm, chief information officer at Fifth Third Bank, will join the Bank Automation Summit 2025 speaker faculty. Bank Automation...
Alliant Credit Union saves customers $500M in 2024
Alliant Credit Union is looking to create value for its customers by offering digital solutions that traditional banks don’t offer....
Truist developing intelligent router for efficient payments
Truist Financial is developing an intelligent router system that can direct payments quickly through the best payment channel. “Most people...
Movers and shakers: Morgan is new chief product, technology officer at Temenos
Tech provider Temenos on Oct. 7 announced Barb Morgan as its chief product and technology officer. Barb Morgan In the...
Tech giants report growing cloud revenue
Tech giants are reporting growing cloud business as companies around the globe adopt generative AI technology. “This business has...
