Generations Bank announced Thursday a mobile app for its iPhone and Android customers called mygenmobile.
Among the app's features are bill-pay capabilities; a GPS-based locator for branches and ATMs; alerts and notifications as well as the ability to aggregate outside financial accounts and add tags, notes or photos to transactions.
Generations Bank is based in Seneca Falls, N.Y. The mobile app is available to its internet banking customers.
Esusu, Foyer, Divvy Homes and Tomo Mortgage are among the fintechs trying to give first-time homebuyers a break, alongside community development financial institutions like Southern Bancorp.
The Chicago-area lender, which at first was able to get the suit quashed, agreed to end the discrimination case by paying a $105,000 fine.
The company disclosed the potential for legal action 'in the near-term' by the bureau in a recent earnings disclosure.
The payment company is connecting installment lenders with borrowers who may be looking for a product instead of a specific company.
U.S. Bancorp is splitting its payment services business in half; Flagstar Financial continues to fill out its leadership with an eye toward tech and risk management; First Horizon authorized an additional $350 million in stock buybacks for its $1 billion share repurchase plan; and more in this week's banking news roundup.
The agency said VyStar customers took on fees and credit report demerits because they could not access banking functions for months following an attempted upgrade.
