SAN FRANCISCO—Fraud is evolving since the height of the pandemic, with criminals simultaneously targeting online and offline vulnerabilities as people’s daily lives return to a blend of in-person and e-commerce experiences, according to a new analysis released by Visa.
MADISON, Wis.–Credit union liquidity has dropped precipitously over the last year, according to CUNA Mutual’s newest Trends Report, which further urges CUs to prepare for lower mortgage volumes and notes CU membership growth, while slower, continues to reflect growing marketshare by credit unions.
MADISON, Wis.–Economic growth saw a rebound during the summer, but it will “not last,” according to a CUNA economist.
KYIV, Ukraine–The challenges to credit unions, their members and employees only continue to grow, according to an update from the World Council of Credit Unions.
ALEXANDRIA, Va.– You can officially begin making your 2023 travel plans, as NCUA has released its monthly meeting schedule for 2023.
LAS VEGAS–One the final day of the meeting, attendees at the Money 2020 Conference here were told there is a “big shift” taking place in the B2B space, given an update on what the “creator economy” is seeking, heard from one regulator on how it sees its role, and were told that payments can be a great tool for improving inclusion.
WASHINGTON–In follow up to its announcement earlier this week that it will be facilitating rules to provide for personal financial data rights for Americans, paving the way for open banking and open finance, the CFPB has now outlined options it said are designed to strengthen consumers’ access to and control over their financial data.
SAN FRANCISCO–Noting that one of the biggest obstacles to switching financial institutions is the “overwhelming hassle” of moving accounts, SF Fire Credit Union is encouraging Bay Area residents to open up their financial relationships by exploring a credit union membership in addition to their main bank.
ARLINGTON, Va.—New home sales fell 10.9% in September to 603,000 annualized units. Sales in August were revised down 8,000 units. Compared to last year, September sales were down 17.6%, according to new federal data.
OAK RIDGE, Tenn.–ORNL Federal Credit Union has approved a $5-million special dividend, the fifth consecutive year a special dividend has been issued by the CU.
