Twin City Bank’s mission is to offer both traditional and innovative products, and to deliver unparalleled personalized service to ite customers. Twin City Bank began operations in April of 2000. It was founded by local business leaders for the purpose of providing banking products and support for the Longview and Kelso communities. Twin City Bank is still locally owned and operated for the original purpose. Twin City Bank offers a variety of financial products to small and medium sized business. professionals and retail customers.
Senate votes to scrap CFPB oversight of Big Tech payment apps
The US Senate has voted to overturn a Consumer Financial Protection Bureau rule that would give the watchdog oversight of tech giants, such as Apple, Google and X, that offer digital payment apps and ...
Calastone Research Reveals Tokenisation Could Save $135 billion for Asset Management Industry
Calastone, the largest global funds network, has today released groundbreaking research, revealing that tokenisation – the process of transforming asset ownership into digital tokens on a blockchain –...
PSR Finds ‘Lack of Competition’ in Card Market, as High Visa and Mastercard Fees Cost Firms Millions
The Payment System Regulator (PSR) has revealed that increases to payment processing fees implemented by Visa and Mastercard since 2017 cost UK businesses an extra £170million a year.It says that thes...
Finance CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network and the three U.S. banks that dominate transactions on it. The CFPB sued E...
Sen. Elizabeth Warren: DOGE’s FDIC firings put banking system at risk
In a statement Thursday, Sen. Elizabeth Warren, D-Mass., said she was “pleased” the Federal Deposit Insurance Corp. would review the decision to lay off more workers. The recent FDIC firings were part...
European Central Bank Outlines Two-Track Approach to Enhance DLT Transaction Settlements
The European Central Bank (ECB) is developing a new platform to settle transactions using distributed ledger technology (DLT) in central bank money, aiming to integrate and harmonise the European fina...
Banking Associations Warn New Overdraft Rule Could Harm Consumers
Five banking associations have called on the CFPB to withdraw its new regulation on overdraft fees, arguing that it is unnecessary due to recent innovations and could potentially harm consumers.The co...
Australia’s central bank cuts rates for the first time in more than four years, flags economic uncertainties
The RBA cut rates by 25 basis points to 4.10% on Tuesday, marking its first easing since November 2020, when the central bank cut its key rate to a record low in the depths of the pandemic. The centra...
Fintech unicorn Zepz to lay off 20% of its global workforce, sources say
London-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC. Zepz confirmed to CNBC it is eliminating roles to “susta...
Consumer sentiment drops sharply in February as inflation worries soar
The University of Michigan’s gauge of consumer sentiment fell to 67.8 in a preliminary February reading, down from 71.1 in the prior month and the lowest reading since July. Economists polled by the ...