How the Fed is making AI ‘durable’

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Payoneer applies for OCC’s national trust bank charter

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Who could swallow PayPal?

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Wells Fargo taps KeyBank alum to lead business banking

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How the OCC is handling its charter application workload

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Citi sells another 24% of Banamex

Private-equity firm General Atlantic, Brazilian bank BTG Pactual and funds managed by Blackstone and Qatar Investment Authority are among buyers of as much as 4.9% each; no explicit mention of Texas or Texas credit unions.
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JPMorgan’s Dimon: ‘My anxiety is high’ over future credit cycle

JPMorgan CEO Jamie Dimon expresses concern over current economic conditions, comparing them to the years leading up to the 2008 financial crisis. Elevated asset prices and competitive landscape are noted as potential risks.
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Crypto.com gets OCC’s conditional nod for charter

The Office of the Comptroller of the Currency (OCC) has conditionally approved Crypto.com for a charter, following similar approvals for Circle, Ripple, Paxos, and Bridge. This approval comes roughly four months after Crypto.com's application.
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Union-related charge against Wells Fargo dismissed

The National Labor Relations Board dismissed a union-related claim against Wells Fargo. Wells still faces at least one more such claim.
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Centerview, ex-analyst settle suit over sleep hours for junior bankers

Kathryn Shiber requested a regular 'hard stop' at midnight for sleep and managing her mood and anxiety disorder. The bank granted the accommodation but later fired her; terms of settlement undisclosed.
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Banks boost venture capital deals to scale AI

Wells Fargo and Citi led AI VC investments; financial services industry focuses on building and scaling AI technology.
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Why banks are struggling to deliver ROI on AI investments

95% of organizations see zero return on AI investments; banks are responding by reassessing their AI strategies and focusing on more tangible use cases.
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JPMorgan’s lawyers deny Trump ‘blacklist’ claims

JPMorgan denied being placed on a 'blacklist' by President Trump and asked for the case to be moved to federal court. Jamie Dimon was not named as a defendant in the case.
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Democratic senators press Bowman on Fed changes

Lawmakers questioned Michelle Bowman regarding allegations of firing bank examiners and initiating a new review of Silicon Valley Bank’s collapse. No explicit mention of Texas or Texas-specific entities.
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Klarna pursues more banking customers

Klarna is expanding its customer base by targeting long-term loan and debit card users; the company has experienced two consecutive quarterly losses.
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TD aims to retain its branch ‘essence’ amid brand refresh

TD aims to retain its branch ‘essence’ amid brand refresh; focuses on digital banking to meet evolving consumer expectations and deepen relationships.
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Remitly hires Santander alum as its next CEO

Sebastian Gunningham, previously vice chair of Santander’s Openbank platform, has been hired as the new CEO of Remitly. Matt Oppenheimer, co-founder of Remitly, will transition to a board chair role.
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Bank of America overhauls rewards program

- Bank of America introduces a new rewards program for personal checking account clients, making 30 million existing customers eligible. - The program offers rewards regardless of balance.
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Singapore super-app Grab to acquire US fintech Stash

Grab will acquire a majority interest in Stash for $425 million and the remaining shares over three years; no explicit mention of Texas or Texas-specific entities.
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CFPB’s ‘regulatory burden’ cost consumers billions: White House

The report follows two others released last week by the Government Accountability Office and Senate Democrats that drew different conclusions; The article discusses a White House report claiming CFPB's regulatory burden cost consumers billions.
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Warren targets Dimon for help on interest rate caps

Sen. Warren proposes a bill modeled after JPMorgan Chase CEO Jamie Dimon's suggestion to allow states to set their own card interest rate limits.
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TD’s US head of AI weighs in on agents

AI projects should consider the full production environment involving both employees and customers; this advice is relevant for ensuring seamless technology integration in credit union operations.
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JPMorgan Chase targets 160 branch openings this year

JPMorgan Chase plans major expansions in Carolinas, Florida, Pennsylvania, Kansas, Massachusetts, and Tennessee; no explicit mention of Texas.
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Gemini loses 3 C-suite executives

Gemini announces the departure of its CFO, COO, and legal chief; the company also announced layoffs and a strategic pivot five months after its IPO.
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How stablecoins are finding a foothold

• Stablecoins are primarily used for cross-border payments and peer-to-peer remittances. • The article does not provide specific regulatory or guidance information relevant to Texas credit unions.
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