CUPERTINO, Calif.–In addition to announcing it is moving into the BNPL space, Apple has also made another move related to Apple Pay that has drawn fewer headlines: it plans to underwrite the BNPL loans itself.
Fresh Today
DUNEDIN, Fla.–Achieva Credit Union has become the latest to offer bitcoin services to its members. Approximately a half-dozen CUs are now offering the services to members.
LAWRENCEBURG, Ind.–Dearborn County FCU said it plans to seek a member vote on a merger into Hoosier Hills Credit Union in Bedford, Ind. In addition to the approval of members, the combination also requires regulatory OK.
COLUMBIA, Md.–Kristin Shultz, CEO of Spectra Credit Union was named 2022 Professional of the Year by the MD|DC Credit Union Association.
BROOKFIELD, Wis.—Fiserv is reporting the 1,000th financial institution has now deployed its person-to-person transfer solution Zelle.
WASHINGTON—The IRS has increased its 2022 optional mileage rate for business miles from 57.5 cents to 62.5 cents for the remainder of the year.
ALEXANDRIA, Va.—The NCUA board Thursday will receive a briefing and update on the post-exam feedback survey.
KOLOA, Kauai–A former executive with companies that ranged from fast food to video games to Irish beer had some advice for credit unions: giving members exactly what they want typically doesn’t work
KOLOA, Kauai–Credit unions know something about risk. But not the kind of risk where when wrong choices are made the results are “you get your head chopped off” or, worse, people die.
KOLOA, Kauai–For all the uncertainty created for credit unions by fintechs, the upstart challengers have also inadvertently provided some certainty—in this case, a blueprint for what consumers want.