Unions

US Officials Contemplate Extending Deposit Insurance Coverage to More Individuals and Institutions

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Time Stamp: March 22, 2023 5:13 AM - Modified On: March 22, 2023 - Published By:
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Published by Plato

In the wake of the 2008 financial crisis, US officials have been contemplating extending deposit insurance coverage to more individuals and institutions. Deposit insurance is a government-backed program that protects depositors in case their bank fails. The Federal Deposit Insurance Corporation (FDIC) is the agency responsible for administering this program.Currently, the FDIC insures deposits up to $250,000 per depositor per insured bank. This coverage applies to all types of deposit accounts, including checking, savings, money market, and certificate of deposit (CD) accounts. The FDIC does not insure investments such as

Exploring the Impact of SVB and Signature Bank’s Closure and Potential Solutions

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Time Stamp: March 16, 2023 2:31 PM - Modified On: March 16, 2023 - Published By:
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Published by Plato

The recent closure of Silicon Valley Bank (SVB) and Signature Bank has left many businesses and individuals in a difficult situation. SVB and Signature Bank were two of the most popular banking options for entrepreneurs, startups, and small businesses. These banks provided services such as loan origination, venture capital, and merchant services. With their closure, many businesses are now left without access to these services. The impact of the closure of SVB and Signature Bank is far-reaching. Many businesses have had to find alternative banking solutions, which can be time-consuming

UAW President Election and New Product Launches: What to Expect in the Coming Week

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Time Stamp: March 13, 2023 4:01 AM - Modified On: March 13, 2023 - Published By:
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Published by Plato

The United Auto Workers (UAW) is set to elect a new president this week, and the outcome of this election could have a major impact on the future of the union. At the same time, several automakers are expected to launch new products in the coming days. This combination of events could have a significant impact on the automotive industry and the labor market. The UAW is one of the largest labor unions in the United States, representing more than 400,000 workers in the auto industry. The union has been

UAW to Elect New President and Launch New Products This Week

Source Node: https://zephyrnet.com/week-ahead-new-products-and-a-new-uaw-president/
Time Stamp: March 13, 2023 4:01 AM - Modified On: March 13, 2023 - Published By:
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Published by Plato

This week, the United Auto Workers (UAW) will be electing a new president and launching several new products. The election of a new president is an important event for the UAW, as the president will be responsible for setting the direction of the organization and leading the union into the future. The UAW was founded in 1935 and has since become one of the most powerful labor unions in the United States. The union represents over 400,000 workers in the auto industry, and is a major force in the fight

Which Companies Will Be Presenting at FinovateSpring in May?

Source Node: https://zephyrnet.com/whos-demoing-at-finovatespring-this-may/
Time Stamp: March 7, 2023 1:10 PM - Modified On: March 7, 2023 - Published By:
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Published by Plato

FinovateSpring is an annual event that showcases the latest innovations in financial technology. This year, the event will be held in San Francisco from May 7-9, 2019. It is a great opportunity for attendees to learn about the latest trends in the fintech industry and to network with industry professionals. At FinovateSpring, a variety of companies will be presenting their latest products and services. These companies come from all over the world and represent a wide range of financial technology solutions. Some of the companies that will be presenting at

Stellantis Pauses Operations at Illinois Plant Pending Possible Closure

Source Node: https://zephyrnet.com/stellantis-puts-illinois-plant-on-pause-before-potentially-closing-it/
Time Stamp: March 2, 2023 3:52 AM - Modified On: March 2, 2023 - Published By:
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Published by Plato

Stellantis, the newly formed car manufacturer created by the merger of Fiat Chrysler Automobiles (FCA) and Groupe PSA, recently announced that it has paused operations at its Belvidere Assembly Plant in Illinois. The plant, which was previously operated by FCA, employs over 4,000 people and produces the Jeep Cherokee. The decision to pause operations at the plant is due to a decrease in demand for the Jeep Cherokee. The company has stated that it will be evaluating the future of the plant and that it may ultimately decide to close

Omdia Names Backbase as Top-Ranked Digital Banking Platform in 2021 Report

Source Node: https://zephyrnet.com/omdia-ranks-backbase-as-leader-in-digital-banking-platform-report/
Time Stamp: March 2, 2023 2:17 AM - Modified On: March 2, 2023 - Published By:
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Published by Plato

The digital banking landscape is rapidly changing, and it's important for financial institutions to stay ahead of the curve. According to a new report from Omdia, Backbase has been named the top-ranked digital banking platform in 2021. Backbase is a leading provider of digital banking solutions for banks, credit unions, and other financial institutions. The company has been providing innovative solutions for more than a decade, and its platform is designed to help financial institutions deliver exceptional customer experiences. The platform provides a comprehensive suite of digital banking capabilities, including