Fresh Today

Fresh Today

ARLINGTON, Texas–Credit union acquisitions of banks have been subject of another review in a national publication that offers what some will find to be questionable analysis and conclusions, including suggesting CUs have fewer regulations than banks and have numerous other advantages, including a healthier deposit insurance fund.

CHICAGO—Amount, a fintech that says it re-engineers consumer, small business and embedded finance solutions to make banking simpler, safer and more convenient, is reporting it has raised $30 million to expand into the credit union sector.