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FORT WAYNE, Ind.—Summit Choice Credit Union said it has partnered with InvestiFi to allow members to invest directly from their checking accounts through the credit union’s existing digital banking platform, as more credit unions look to keep investment relationships inside their own digital ecosystems instead of losing them to outside fintech platforms.

WASHINGTON—Five banking trade groups are pushing back on proposed Senate language governing stablecoin interest and rewards payments, saying the draft “falls short” of its stated goal of preventing yield-bearing stablecoins from drawing deposits out of banks, the Bank Policy Institute reported.

Thompson_Randy_TCT Risk Solutions_CEO

Randy Thompson

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Tim Sustak

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