Latest news with #Spiral
Business Wire
30-05-2025
- Business
- Business Wire
Credit Union of Texas Achieves Nearly 10% Enrollment with Spiral in Just 60 Days
NEW YORK--(BUSINESS WIRE)-- Credit Union of Texas (CUTX) has always been committed to helping its members save effortlessly while giving back to their communities. For five years, CUTX's Save the Change program allowed members to round up their debit card purchases and automatically transfer the spare change into their savings accounts or make charitable contributions to the CUTX Foundation. However, the program required in-branch enrollment with limited accessibility and high internal resources. "The response from our members has been phenomenal," said Pointer. "The combination of effortless enrollment, a rewarding savings experience, and the ability to give back has made Save the Change more popular than ever." Share That all changed when CUTX partnered with Spiral to elevate the experience for members. By migrating Save the Change to Spiral's Roundup Center, CUTX members could enroll and personalize their experience seamlessly through their online banking account — anytime, anywhere. "By leveraging the innovative Spiral platform, we enhanced our Save the Change program, enabling members to track their savings in real-time and easily support meaningful local causes," said Eric Pointer, President & CEO at CUTX. "This seamless solution helps our members grow their savings while making a positive impact in the communities we serve." After migrating the program, CUTX saw an unprecedented surge in adoption and engagement, doubling the program's enrollment in just two months. Nearly 10% of CUTX's online banking members signed up through Spiral's Roundup Center within this short timeframe. Today, over 13% of members use Spiral daily, with more than 700,000 roundup transactions processed to date. The program has also driven a 53% enrollment rate through the digital widget and generated over 100 requests for new savings accounts, demonstrating strong demand and interest. The transition to Spiral not only simplified enrollment but also introduced additional features, like real-time savings tracking, an innovative user experience, and the ability for members to effortlessly support charitable causes of their choice, creating a more personalized and fulfilling experience for members. "The response from our members has been phenomenal," said Pointer. "The combination of effortless enrollment, a rewarding savings experience, and the ability to give back has made Save the Change more popular than ever. Spiral's innovation and seamless migration made this possible in record time." CUTX successfully transitioned its long-standing program into a modern, member-friendly experience, resulting in rapid adoption, stronger engagement, and more members saving and giving back than ever before. So far, Spiral has powered over 1 million savings transactions for account holders across the country while initiating thousands of donations made to local causes and communities. To learn more, read the full story here. About Spiral Headquartered in New York City, Spiral is the award-winning platform that helps credit unions and banks grow deposits and build deeper relationships that boost retention and loans through personalized banking experiences. With Spiral, financial institutions can empower their account holders to achieve financial freedom and easily support their communities through any online bank account, debit card, or credit card. Thus, Spiral makes it simple for financial institutions to drive positive change and empower millions of people to build better lives. Spiral is backed by Team8, Euclidean Capital, Intuition Fund, Communitas Capital, Phoenix, Nidoco AB, MTVO, Curql, ICBA, and more. To learn more, visit For almost 100 years, Credit Union of Texas (CUTX) has provided financial services to members throughout North Texas and its growing number of locations in East Texas. Living out its vision to deliver an unexpected experience, CUTX has grown to over $2.5 billion in assets. Most Texas residents may qualify for membership. Recently, CUTX was recognized with the Communities Foundation of Texas 'Be in Good Company' Seal of Excellence, voted the Best Credit Union in DFW by the readers of The Dallas Morning News, and named the winner of the Torch Awards for Ethics from both the Better Business Bureau Serving North Central Texas and the International Association of Better Business Bureaus. For more information about CUTX, visit
Crypto Insight
19-05-2025
- Business
- Crypto Insight
‘Sats' vs ‘bits' debate reignites amid proposal to change Bitcoin base unit
A recent proposal that aims to change Bitcoin's base unit to make it easier to understand as a payment tool has run into opposition, with critics saying Bitcoin's satoshis are no more confusing than the dollar's cents. Bitcoin developer John Carvalho introduced Bitcoin Improvement Proposal-177 on April 23, which seeks to eliminate the concept of satoshis, of which there are 100,000,000 in 1 Bitcoin and effectively split Bitcoin's fixed supply of 21 million into 21 quadrillion units. It follows a 2017 proposal from Bitcoin developer Jimmy Song to create 'bits,' representing one-millionth of 1 Bitcoin. However, Carvalho said Song's approach would still require Bitcoin users to think about decimals and 'shifts complexity rather than eliminating it.' Block Inc. CEO Jack Dorsey is among those calling for the change, saying in a May 18 X post that satoshis, or sats, are too confusing for newcomers. 'Bits of Bitcoin is better, and just Bitcoin is best,' Dorsey said. Dorsey pointed to a December 2024 discussion on the topic where Stevie Lee, product lead of Bitcoin infrastructure firm Spiral, argued that not enough people know or care about what satoshis are. 'Everyone knows Bitcoin, no one knows sats, people just want to send and receive Bitcoin,' Lee said, recalling past conversations where people thought satoshis were an entirely new token, unrelated to Bitcoin. He added that the Bitcoin community shouldn't be too concerned with the change, as they know the underlying economics of Bitcoin would remain intact. Swan Bitcoin CEO Cory Klippsten and Byte Federal director of product Michelle Weekley were among those who opposed the change. 'People understand cents in a dollar, they will understand sats in a Bitcoin,' Weekley said on X. Magdalena Gronowska, a self-described Bitcoin consultant, claimed that the change could make some people think that Bitcoin abruptly crashed from its current price of around $100,000 and that its 'supply has massively inflated.' Bitcoin creator was open to the idea Robin Linus, the creator of the Bitcoin Virtual Machine (BitVM), highlighted that even Bitcoin's pseudonymous creator, Satoshi Nakamoto, was open to changing how Bitcoin's units are displayed for the purpose of usability. 'If it gets tiresome working with small numbers, we could change where the display shows the decimal point,' Satoshi said in a February 2010 post before vanishing the following year. 'Same amount of money, just different convention,' Satoshi added. The Bitcoin network hasn't implemented any improvement proposals since the Taproot upgrade in November 2021, which aimed to improve Bitcoin's speed, efficiency and privacy. Source:
Business Wire
22-04-2025
- Business
- Business Wire
Dort Financial Credit Union Chooses Spiral to Empower Financial Wellness and Community Impact Through Everyday Banking
NEW YORK--(BUSINESS WIRE)-- Spiral, the award-winning personalized banking platform, today announced a partnership with Dort Financial Credit Union, a leading Michigan-based credit union dedicated to empowering its members and enriching communities. This partnership will enable Dort Financial Credit Union to amplify member engagement and grow deposits through new personalized digital experiences. Members will be able to turn everyday purchases into savings and community impact and donate through an innovative online Giving Center. "With Spiral, we're elevating our digital experience—making it effortless for members to grow their savings while joining us in supporting the causes they care about." Share By integrating Spiral's Roundup Center, Dort's members will be empowered to round up their everyday purchases to go toward saving for the future and supporting their favorite charitable causes, directly benefiting their communities and nonprofits. In addition, the new Giving Center will enable members to easily donate to their preferred charities directly from their digital accounts. Through this personalized Giving Center, members can create a tailored portfolio of causes, track their charitable impact, and receive a donation report for tax purposes. "We're proud to offer innovative experiences that enhance our members' financial wellness and strengthen the communities we serve," said Adam Koishor, Chief Strategy Officer at Dort Financial Credit Union. "With Spiral, we're elevating our digital experience— making it effortless for members to grow their savings while joining us in supporting the causes they care about." By integrating with Spiral, Dort Financial will drive awareness and digital donations directly from its member base to its charitable nonprofit partners, expand its offering for local nonprofits, and attract more nonprofit businesses to create positive change in their community through fundraising campaigns, donation matching, and community-wide events. "Dort Financial's dedication to innovation and improving members' lives is truly inspiring," said Shawn Melamed, CEO and Co-founder of Spiral. "We're thrilled to help more credit unions build deeper relationships with their members while growing deposits and building stronger communities," he added. Spiral's turnkey solutions integrate with leading digital banking providers and core systems. To learn more about Spiral's platform, please contact Spiral here. About Spiral Headquartered in New York City, Spiral is the award-winning platform that helps credit unions and banks grow deposits and build deeper relationships that boost retention and loans through personalized banking experiences. With Spiral, financial institutions can empower their account holders to achieve financial freedom and easily support their communities through any online bank account, debit card, or credit card. Thus, Spiral makes it simple for financial institutions to drive positive change and empower millions of people to build better lives. Spiral is backed by Team8, Euclidean Capital, Intuition Fund, Communitas Capital, Phoenix, Nidoco AB, MTVO, Curql, ICBA, and more. To learn more, visit About Dort Financial Credit Union For more than 70 years, Dort Financial Credit Union has been dedicated to providing exceptional financial services to its members across Michigan and beyond. As a not-for-profit, member-owned institution, Dort Financial prioritizes financial wellness over profits, ensuring that every decision is made with its members' best interests in mind. With a commitment to personalized banking solutions, innovative technology, and community impact, Dort Financial empowers its members to achieve financial success while giving back to the communities it serves. Today, the credit union has grown to over $2 billion in assets, offering a full range of financial products and services designed to help members save, borrow, and invest with confidence. For more information about Dort Financial Credit Union, visit
Yahoo
13-03-2025
- Entertainment
- Yahoo
Charity's new project invites young people to Dungeons and Dragons game nights
Young people can get stuck into a game of Dungeons and Dragons whilst building social skills and emotional resilience thanks to a new project. Spiral, a charity which supports young people affected by bullying, has received £3,000 from Cumberland Council to go towards its new youth focused D&D project called Journey Together. The funding will help the charity to run game nights in multiple locations which will create a safe and supportive space where those attending can develop their confidence, social skills, and emotional resilience. They will build friendship, explore social situations, and develop teamwork and problem solving skills through the roleplaying game. The charity said: "A huge thanks to the the folks at Carlisle College and Carlisle Youth Zone for supporting us to get this project running. "Speak to anyone who has played Tabletop RPGs and they can attest to the benefits they offer." Spiral has also asked whether anyone in Carlisle who may have D&D related items such as dice can donate them to the project.
CBC
13-02-2025
- Entertainment
- CBC
14 Canadian romance books to swoon over this Valentine's Day
Warm your heart with this list of swoon-worthy romance books by Canadian authors! And if you write nonfiction, the CBC Nonfiction Prize is accepting submissions until March 1, 2025. Spiral by Bal Khabra Two different worlds collide in Spiral, when Elias Westbrook, a famous hockey player always in the spotlight, agrees to fake date Sage Beaumont, an aspiring, less assuming ballerina hoping to join the Aurora Ballet Theatre. As they spend more time together, the two opposites begin to realize that their feelings for each other are more than just for show. Bal Khabra is a Vancouver-based writer. Her debut novel was Collide. Vacationing one summer on Prince Edward Island, Lucy meets Felix in an electric, chemistry-filled night. Only one problem: Felix is her best friend Bridget's younger brother. On her annual return trips to P.E.I., Lucy vows to avoid Felix and his bed, that This Summer Will Be Differen t — easier said than done. When Bridget rushes home to P.E.I. in crisis a week before her wedding, Lucy can only follow and remind herself to protect her heart, but finally wonders if she really wants to do that after all. Fortune Every Summer After and Meet Me at the Lake, which was a contender for Canada Reads 2024, championed by Mirian Njoh. A Five-Letter Word for Love follows Emily who is feeling stuck in her small-town life. Living on Prince Edward Island, Emily works as a receptionist at an auto shop while she dreams of working as a creative in a big city. The one bright spot in her day is her obsession with The New York Times' daily game Wordle. When Emily becomes stuck on a word she turns to her irritating coworker, John for answers. Their shared interest in the game fosters a surprising romance as they pursue her goal of a 365-day streak and Emily finds her ideas of love, success and joy completely upended. Amy James is based on the east coast of Canada. A Five-Letter Word for Love is her first novel. Wild Eyes by Elsie Silver In Wild Eyes, Chart-topping country singer Skylar Stone is struggling to find peace since a recent streak of bad press, so she escapes to the small town of Rose Hill. But when she meets shameless flirt Weston Belmont, she falls head-over-heels — and begins to think that a small-town life might be the answer she's been looking for. Elsie Silver is a B.C.-based writer of steamy romance novels. Her other books include the Gold Rush Ranch and Chestnut Springs series. Love, Lies and Cherry Pie by Jackie Lau Thirty-something Toronto novelist and barista Emily Hung's four sisters are married with thriving careers, and her mother is obsessed with Emily finding a husband. Enter Mark Chan, a sweater-vest wearing engineer her mother hand picked herself. When Emily and Mark meet, she's not interested, but to get her mother off of her back, Emily suggests they pretend they've started dating. Mark, intrigued, agrees. Once her mother questions the truth, they begin "fake" dating for real, getting to know one another. Did Emily's mother actually get it right? Jackie Lau is a Toronto-based author of over a dozen romantic comedies, including and the Holidays with the Wongs went to school for engineering and worked as a geophysicist before writing romance novels. Each with their own struggles that landed them in the psych ward, Dee, Misa and Matt became inseparable friends in Never Been Better. When Misa and Matt are set to be married at a destination wedding a year after being discharged, Dee arrives with her own form of baggage. She's in love with Matt, and unlike everyone else attending the wedding, Dee knows how Misa and Matt met. Telling him would jeopardize not only their friendships but mutual support systems — Dee will have to decide what matters most. The Takedown by Lily Chu Dee Kwan is having a rough few months. She lost her dream job as a diversity consultant, and her parents and cranky invalid grandmother have moved into her home. She finds fun playing an online game, where the teasing rivalry she has with another player keeps her on her toes. When they meet IRL, he's unexpectedly handsome. Dee lands a new job at Celeste, a luxury fashion house desperately in need of diversity training. She meets the CEO's son Teddy Marsh — surprise, he's her online game rival turned crush! And his dad isn't interested in changing the toxic culture at Celeste. When Dee and Teddy band together to takedown his father, things get very complicated in business and love. by J.M. Frey Time and Tide is a time-travelling historical romance. It follows Sam, the only survivor of a catastrophic plane crash over the Atlantic, as she is impossibly rescued by a warship from 1805. Thrown into Regency England, Sam relies on the alluring sea captain to guide her through this unfamiliar world. When she is suddenly betrayed and left at the mercy of the men around her, Sam must rely on the help of the captain's sisters to survive. Eventually moving in with famous author Margaret Goodenough, Sam finds a surprising friend in the rule-breaking writer and maybe something even more. J.M. Frey is a Toronto-based author, screenwriter and actor. Her debut novel Triptych was nominated for a CBC Bookie in 2011 and won the San Francisco Book Festival Award for SF/F. Just Playing House by Farah Heron When fashion stylist Marley Kamal gets the opportunity of her career — to be a personal shopper for a rising movie star — she's overjoyed until she finds out he's the prom date who ghosted her after sleeping together. Adding to this awkward dilemma is the fact that she's about to undergo an elective double mastectomy and breast reduction. Actor Nikhil Shamdasani needs a stylist to boost his image and he wants Marley. He offers to move in and help take care of Marley during her recovery. The pair slowly find their way back to each other as she lets Nik into her home and life. Farah Heron is a writer from Toronto. She is also the author of the romantic comedies Just Playing House, Jana Goes Wild, The Chai Factor, Accidentally Engaged, Kamila Knows Best and the YA novel Tahira in Bloom. Fall With Me by Becka Mack Becka Mack's series about fictional NHL team the Vancouver Vipers is peak hockey romance. Fall With Me is the fourth book in the series, featuring badboy defensive player Jaxon Riley, who doesn't need a relationship as long as he has his cat, Mittens. Jaxon is a fighter on the ice and a playboy in the streets. When he meets photographer Lennon Hayes on her honeymoon alone, their chemistry is explosive. What was supposed to be another one-night stand for him and a quickie rebound with a stranger for her gets complicated when Lennon accepts a job as the Vipers' new team photographer. Various circumstances lead to her becoming Jaxon's roommate and surrogate mom to Mittens. Will these two hurt people heal and fall in love? Consider Me, Play with Me and Unravel Me. A Sweet Sting of Salt by Rose Sutherland A Sweet Sting of Salt is a historical novel set in the fictional town of Barquer's Bay, Nova Scotia in the nineteenth century. Jean, the local midwife, lives an isolated simple life in her cottage but all is set awry when she finds a woman in labour by the sea. After Jean helps Muirin deliver her child, the two grow affectionate towards one another. But Jean is left with more questions after meeting Muirin's husband in this twist on the myth of The Selkie Wife. Sutherland is a Toronto-based writer, former patissier apprentice in France and occasional bartender. A Sweet Sting of Salt is her first novel. An Honored Vow by Melissa Blair An Honored Vow is the fourth and final installment in the epic romantic fantasy series, The Halfling Saga. The novels tell the story of Keera, a mysterious Halfling who is known in the kingdom of Faeland as the King's Blade, a dangerous spy and assassin. As the kingdom descends into violence and chaos, Keera and her allied rebels plan to rescue one of their own and confront King Damien's forces in an ultimate battle of magic and tragedy. Melissa Blair is an Anishinaabekwe of mixed ancestry who split her time between Treaty 9 in Northern Ontario and Ottawa. The other books in The Halfling Saga are A Broken Blade, A Shadow Crown and A Vicious Game. Under All the Lights by Maya Ameyaw When Ollie Cheriet's song becomes popular online, he's approached to write an album, go on tour and fulfill all his dreams as long — as he can learn to manage his stage fright. As the pressure of being in the spotlight grows, his new touring partner Jesse begins to make him feel more at ease. In the coming-of-age novel Under All the Lights Ollie explores what it means to be an artist in the spotlight while he learns more about his anxiety disorder and bisexuality. Maya Ameyaw is a writing instructor and author based in Toronto. Her books include the YA novel When It All Syncs Up and the anthology Brilliance is the Clothing I Wear. Skater Boy by Anthony Nerada Skater Boy follows Wesley "Big Mac" Mackenzie as he struggles to complete his senior year of high school. Wes spends most of his time skateboarding, hanging out with a trouble-making friend group and fostering his secret love for photography. When his mom brings him to a production of The Nutcracker, he meets and begins to become attached to its star performer, Tristan Monroe. Caught between his closeted self and his true identity, Wes comes to realize who he truly wants to be in this gay coming-of-age love story.
