Banking
Navy Fed to pay $95M for charging illegal overdraft fees
[ad_1] The Consumer Financial Protection Bureau today fined Navy Federal Credit Union for illegally charging customers overdraft fees, calling it the largest penalty the…
Tag: navy federal credit union
Banking
Navy Fed selects Zafin for core modernization | Bank Automation News
[ad_1] Navy Federal Credit Union selected SaaS core modernization provider Zafin to update its core and move away from its legacy mainframe. “We selected…
Banking
Transactions: BNY Mellon, Accenture team up to boost data and analytics services | Bank Automation News
[ad_1] BNY Mellon has selected technology services provider Accenture to enhance the bank’s data and analytics services. The bank will use Accenture’s AI and…
Banking
Navy Federal developing omnichannel platform | Bank Automation News
[ad_1] Navy Federal Credit Union is developing an omnichannel lending platform as credit unions and captives prioritize technology upgrades in the face of increased competition…
Banking
82% of FIs plan to migrate to the cloud in next 5 years | Bank Automation News
[ad_1] Eight in 10 financial institutions will migrate at least half their core systems to the cloud starting in 2024 in search of efficient…
Banking
More than 200 FIs join RTP network in 2023 | Bank Automation News
[ad_1] Financial institutions are looking to The Clearing House’s real-time payments network to grow deposits and offer instant gratification in their payments offerings. …