Latest Technology - Smart Cards Topics

Robert G. Rowe, III, Esq., Regulatory Counsel, Independent Community Bankers of America

Comerica Bank has added new technology that it says allows it to approve mortgage applications in 45 minutes or less and to close on home purchases in five days.

Transaction volume was 60% lower than normal at grocery store branches over the New Year's weekend and 17% lower on Monday morning.

The bank regulatory agencies and the NCUA have just released a "Joint Agency Request Relating to Information Pertaining to the Terrorist Attacks". In it, they spell out the following:

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