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Banking

Automated Financial Systems (AFS)
Strategic Combinations

SouthState Bank Adopts AFSVision Platform for Enhanced Commercial Lending

November 18, 2024November 17, 2024 - by Timothy Alexander

EXTON, PA — SouthState Bank, N.A., has selected Automated Financial Systems, Inc.‘s (AFS) AFSVision as their new commercial lending platform. This strategic move aims to integrate AFSVision into the bank’s …

SouthState Bank Adopts AFSVision Platform for Enhanced Commercial Lending Read More

REGO Payment Architectures
Regional

Rego Payment Architectures Launches Youth Banking Solution on Jack Henry Platform

November 16, 2024November 15, 2024 - by Timothy Alexander

BLUE BELL, PA — Rego Payment Architectures, Inc. (OTCQB: RPMT) has announced a strategic integration of its innovative youth banking solution with the Jack Henryâ„¢ digital banking platform. This development …

Rego Payment Architectures Launches Youth Banking Solution on Jack Henry Platform Read More
Monetary policy
Personal Finance

What Will Rate Cuts Mean for You?

November 14, 2024November 14, 2024 - by Joe Oliver

For the first time in four years, the Federal Reserve has cut short-term interest rates. The Fed has indicated that this cut may be followed by several others in the …

What Will Rate Cuts Mean for You? Read More

Consumer Financial Protection Bureau (CFPB)
National

CFPB Imposes Record Penalty on Navy Federal Credit Union for Illegal Overdraft Fees

November 10, 2024November 10, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has levied a significant enforcement action against Navy Federal Credit Union, the largest credit union in the United States, for imposing unlawful …

CFPB Imposes Record Penalty on Navy Federal Credit Union for Illegal Overdraft Fees Read More
SEI Investments Company
Regional

SEI Unveils New Professional Services for Private Banking and Wealth Management

November 5, 2024November 4, 2024 - by Timothy Alexander

OAKS, PA — SEI® (NASDAQ: SEIC) has launched a new professional services offering within its Private Banking and Wealth Management sector, already adopted by nine U.S. clients across 17 projects. This …

SEI Unveils New Professional Services for Private Banking and Wealth Management Read More

Consumer Financial Protection Bureau (CFPB)
National

CFPB Takes Action Against VyStar Credit Union Over Online Banking Failure

November 4, 2024November 4, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken decisive action against VyStar Credit Union following its flawed deployment of a new online banking platform that adversely affected its …

CFPB Takes Action Against VyStar Credit Union Over Online Banking Failure Read More
REGO Payment Architectures
Regional

Rego Payment Architectures Partners with Bangor Savings Bank for Youth Banking Platform

October 31, 2024October 29, 2024 - by Timothy Alexander

BLUE BELL, PA — Rego Payment Architectures, Inc. (OTCQB: RPMT) has teamed up with Bangor Savings Bank to roll out a youth banking platform designed to attract families to banks …

Rego Payment Architectures Partners with Bangor Savings Bank for Youth Banking Platform Read More

Consumer Financial Protection Bureau (CFPB)
National

CFPB Implements Groundbreaking Rule to Enhance Consumer Control Over Financial Data

October 28, 2024October 28, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has finalized a transformative rule designed to significantly enhance consumer rights regarding personal financial data. This landmark regulation mandates that financial …

CFPB Implements Groundbreaking Rule to Enhance Consumer Control Over Financial Data Read More
Home sale
National / Real Estate

U.S. Home Sales Defy Downturn: Mortgage Rate Shifts Spark Surprising Market Rebound

October 8, 2024October 7, 2024 - by Timothy Alexander

SEATTLE, WA — Recent data from Redfin indicates that U.S. pending home sales have remained stable compared to the previous year during the four weeks ending September 29. This marks the …

U.S. Home Sales Defy Downturn: Mortgage Rate Shifts Spark Surprising Market Rebound Read More
Consumer Financial Protection Bureau (CFPB)
National

Cracking Down on Phantom Fees: CFPB Moves to Protect Consumers from Unseen Overdraft Costs!

September 23, 2024September 23, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently issued new guidance aimed at preventing banks from levying overdraft fees without clear consumer consent. This move targets the practice …

Cracking Down on Phantom Fees: CFPB Moves to Protect Consumers from Unseen Overdraft Costs! Read More

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