LAS VEGAS–The fifth “massive” technological shift is underway and the resulting changes to financial services are going to be “monumental,” according to one person.
Fresh Today
LAS VEGAS–It won’t be that much longer before cardholders never “swipe” their cards again. But the “card” will remain, just in a different format, according to one person.
LAS VEGAS–In a financial landscape in which fintechs are nibbling around the edges in some cases and taking big bites of credit unions’ traditional marketshare in others, one person offered some encouragement here for how credit unions can respond. But it’s going to take some work.
LAS VEGAS–There are “good, bad and necessary” aspects of credit union partnerships with fintechs, and how to know which is which, why a credit union should invest (or avoid doing so), and what to look for in company founders were all part of a panel discussion here.
LAS VEGAS–It isn’t just that the FICO model is evolving, in many cases it shouldn’t even be used as a basis for lending, according to a panel of people here.
LAS VEGAS–Gambling. Crypto. Sports betting. Pot. Regardless of where you or your credit union may stand on each of those, members are involved and are making related payments. So, how should a credit union respond?
DALLAS—Early bird registration has been extended through Oct. 31 for clients and non-clients who register for the ALM First Hedging & Derivatives Symposium, which will be held virtually Nov. 8 – 9.
OSWEGO, Ill. — Earthmover Credit Union (ECU) launched a brand refresh, saying the move allows it to better align design elements with their identity as a trusted local financial institution.
WASHINGTON—The Federal Housing Finance Agency (FHFA) has announced targeted changes to Fannie Mae and Freddie Mac’s pricing framework, saying it is eliminating upfront fees for certain borrowers and affordable mortgage products.
KYIV, Ukraine.—More than 17,000 gallons of diesel fuel is being distributed free of charge to credit union member farmers in Ukraine as part of the Worldwide Foundation for Credit Unions’ (WFCU) ongoing relief activities in the country.