The Consumer Financial Protection Bureau today fined Navy Federal Credit Union for illegally charging customers overdraft fees, calling it the largest penalty the agency has levied against a…
Read more Navy Fed to pay $95M for charging illegal overdraft feesNavy Federal Credit Union selected SaaS core modernization provider Zafin to update its core and move away from its legacy mainframe. “We selected Zafin to help us as…
Read more Navy Fed selects Zafin for core modernization | Bank Automation NewsBNY Mellon has selected technology services provider Accenture to enhance the bank’s data and analytics services. The bank will use Accenture’s AI and data expertise to introduce new…
Read more Transactions: BNY Mellon, Accenture team up to boost data and analytics services | Bank Automation NewsNavy Federal Credit Union is developing an omnichannel lending platform as credit unions and captives prioritize technology upgrades in the face of increased competition and changing consumer preferences. Along…
Read more Navy Federal developing omnichannel platform | Bank Automation NewsEight in 10 financial institutions will migrate at least half their core systems to the cloud starting in 2024 in search of efficient operations, robust tech stacks and…
Read more 82% of FIs plan to migrate to the cloud in next 5 years | Bank Automation NewsFinancial institutions are looking to The Clearing House’s real-time payments network to grow deposits and offer instant gratification in their payments offerings. “It’s definitely been an interesting…
Read more More than 200 FIs join RTP network in 2023 | Bank Automation News
