News

The third time may not be the charm for Nobel Laureate Peter Diamond’s effort to get on the Federal Reserve.

TCF National Bank, the financial institution that has sued the Federal Reserve over its proposed debit interchange rule, has based their argument against the rule in part on the rule's small issuer exemption.

Open Solutions Inc. of Glastonbury, Conn., and PSCU Financial Services of St. Petersburg, Fla., have reached an agreement that integrates the big CUSO’s contact center services with the core processor’s flagship DNA platform.

If history is any indication, the increase in rates on long-term certificates of deposit could mean higher inflation is around the corner.

Despite the ongoing debate over health care reform, health savings accounts continue to grow.

The continued push to raise the member business lending cap for credit unions in light of banks scaling back aid is the focus of an article in the Wall Street Journal.