WASHINGTON – More than 100 consumer, civil rights, and labor groups are calling on CFPB Director Rohit Chopra to exercise the agency’s authority to limit forced arbitration clauses, which the said are “commonly buried in the fine print of consumer financial contracts to eliminate the rights of customers seeking accountability when scammed, cheated, or defrauded by big banks.”
ALEXANDRIA, Va. – NCUA has opened registration for its third summit focused on diversity, equity, and inclusion. The event, to be held both in-person and virtually, is scheduled for Nov. 2 – 4.
CHICAGO–More than 150 people were in attendance during Alloya’s eighth annual Credit Union Executive Leadership Symposium. The three-day event at the Westin River North also included an additional 80 attendees who streamed the event live.
LAS VEGAS–The Underground will be holding its newest “Collision” on Oct. 22-23 as part of what it is calling a “2Xperience,” and for the first time it ispartnering with the Kinecta FCU board as part of the event.
PASADENA, Calif.–Wescom Credit Union said it is partnering with UCLA student-athlete and women’s softball star Maya Brady on its first student-athlete partnership since the name, image and likeness (NIL) rules were enacted by the NCAA in 2021.
WASHINGTON–The solutions eight teams came up with during a competition to identify a scalable, cost-efficient, risk-based solution to measure the effectiveness of digital identity proofing have been shared by the FDIC and FinCEN.
WASHINGTON–Securities & Exchange Commission Chairman Gary Gensler said he plans to work with Congress to help create legislation that increases oversight of crypto and stablecoins, an announcement that has met with pushback from the industry.
ALEXANDRIA, Va.– NCUA has released a new tool it said is designed to help small credit unions comply with the Financial Accounting Standards Board’s accounting standard on current expected credit lossl (CECL), which goes into effect for most credit unions at the start of 2023.
ARLINGTON, Va.—Two credit union economists are offering their interpretations and forecasts after new data was released showing inflation did not moderate in August to the degree expected, a surprise to many analysts and a disappointment to many, including consumers.
