WASHINGTON—The Treasury Department has delivered a framework on cryptocurrencies for American government agencies to work with their international counterparts.
Fresh Today
WINSTON-SALEM, N.C.– Truliant FCU said it is partnering with personal finance expert Chris Browning on a new personal finance web series.
WASHINGTON—The Financial Action Task Force (FATF) reported that 11 out of 98 responding jurisdictions have started enforcing its standards on combating the financing of terrorism (CFT) and anti-money laundering (AML).
WASHINGTON–Although another inflation record was set in June, two CUNA economists say it’s certain a Fed rate increase lies ahead, and also agree there is some potential good news ahead in the wake of the latest Labor Department’s June Consumer Index report.
WASHINGTON —During a congressional hearing here, a bank trade group called on Congress to apply the Community Reinvestment Act (CRA) to credit unions.
WASHINGTON—NAFCU’s board and some of its staff met with CFPB Director Rohit Chopra to discuss several credit union related topics and share the industry’s thoughts on several of CFPB’s rulemakings.
WASHINGTON—Sharing concerns over the growing role that fintechs play in the financial services market and their associated risks, NAFCU has sent a letter to the House Small Business Subcommittee on Oversight, Investigations, and Regulations prior to its hearing on Fintech and Transparency in Small Business Lending.
GREENBELT, Md.–Chris Conway, president/CEO of Educational Systems FCU, has announced plans to retire in early 2023. A successor has been named.
WASHINGTON—The Alliance for Innovative Regulation (AIR) has announced a partnership with Visa to support AIR’s Minority Depository Institution (MDI) Digital Modernization Pilot program, which is designed to provide underserved communities of color with more competitive financial services options.
NEW YORK–The New York State Department of Financial Services (DFS) has announced guidance it said is aimed at prohibiting unfair and deceptive overdraft and non-sufficient funds (NSF) fee practices.