SUPERIOR, Wis.–Two Wisconsin credit unions have announced plans to merge.
Fresh Today
WASHINGTON—NAFCU has written to leaders of the House of Representatives to reiterate its support for the Credit Union Board Modernization Act, which would modify existing language in the Federal Credit Union Act related to the requirement that credit union boards meet once a month.
ALEXANDRIA, Va. –NCUA has released its annual report to Congress on the performance of minority depository institution (MDI) credit unions and the agency’s work to support them.
WASHINGTON–CUNA and NAFCU have joined with the American Bankers Association, Bank Policy Institute, Consumer Bankers Association, Electronic Payments Coalition, and Independent Community Bankers of America in sending a letter to House Speaker Nancy Pelosi and Minority Leader Kevin McCarthy with a “warning” over the card interchange before the House.
SAN ANTONIO—SWBC is reporting it has expanded its Asset Recovery integration partnerships to include Location Services LLC.
WASHINGTON–Thirty-four credit unions are among the CDFIs that have been awarded a total of $11.4-million from the Treasury department’s CDFI Fund as part of its FY 2022 round of the Small Dollar Loan Program (SDL Program).
WASHINGTON—The U.S. Securities and Exchange Commission is planning to open a new office that will handle public filings related to crypto activity.
DES MOINES, Iowa–FINTAINIUM, a provider of cash management solutions, has joined the “fintech ecosystem” of Curql Collective, a CUSO that makes venture capital investments in various companies on behalf of credit unions.
BASINGSTOKE, U.K.–A new study from Juniper Research suggests the value of contactless payment transactions will reach $10 trillion globally by 2027, up from $4.6 trillion in 2022.
LONDON—Mastercard said it is partnering with Nochex Ltd, a U.K. provider of payment services, to roll out Click to Pay.