EAST LANSING, Mich.–MSU Federal Credit Union increased CD revenue by more than 1,000% through the use of Trellance’s Next Best Product AI, according to the CUSO.
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VERNON HILLS, Mich.–Baxter Credit Union and its CUSO, BCU Wealth Advisors, a fee-based investment advisor, has reached an agreement with CUNA Mutual Group and LPL Financial to provide members with access to personalized wealth management guidance.
ARLINGTON, Va.—NAFCU has released its agenda for its Annual Conference: Engage 2023.
MIDDLETOWN, Penn.–MY CU Services, a CUSO of Vizo Financial that offers payments solutions, is reporting it has deepened its partnership with CU*Answers to include managed technology services to its IT clients.
BENTONVILLE, Ark.—Walmart is suing Capital One to end their credit card partnership agreement, alleging the bank fell short of its customer service standards as the exclusive issuer of Walmart's private label and co-branded credit card program in the U.S.
ALBANY, N.Y.–The New York State Department of Financial Services has announced plans to start charging cryptocurrency firms registered in the state for the costs of annual supervision and examination.
PURCHASE, N.Y.—CardX, a surcharge compliance platform, said it has entered into a partnership with Mastercard to add Click to Pay on Lightbox, its online payment form, to expand the product’s reach.
CUPERTINO, Calif.–Consumers can now turn to their iPhones for a high-yield savings account. Apple has announced that holders of its Apple Card can open an account with a 4.15% APY as the company jumps into the increasing competition around high-yielding savings products.
BOSTON–Turmoil in the banking industry may not yet be over, according to Fidelity Investments, which said the Fed is in a “twilight zone” where it can't tame inflation without hurting financial stability.
NEW YORK–The gap between the fed funds rate and the average rate being paid on deposits by financial institutions is at one of its widest points in history, according to a new analysis.