MALVERN, Penn.–Three credit unions have made investments in AKUVO, which offers credit risk and delinquency management solutions.
Fresh Today
SEOUL, South Korea–One stablecoin is proving to be less than stable, and its led the Treasury secretary to call for regulations to be put in place.
PORTSMOUTH, N.H.– Service Credit Union said it has partnered with financial wellness platform Pocketnest to launch a financial wellness app called “Fin-Life.”
REDMOND, Wash.–Microsoft has released updates to fix at least 74 separate security problems in its Windows operating systems and related software.
BROOKFIELD, Wis.–Fiserv is reporting it has seen strong growth in its credit union segment.
MOSCOW—As the country continues to deal with sanctions, including being cut off from much of the international banking community, Russia continues to move forward in other areas, with its Ministry of Finance of Russia, which has submitted an updated version of its bill “On Digital Currency.”
ALBUQUERQUE, N.M.–– Sandia Area FCU has donated $5,000 toward local wildfire relief efforts and is pledging to match up to $15,000 as part of a fundraising campaign in response to the devastation brought by the ongoing fires.
BOSTON—Thousands of U.S credit unions have significant unaddressed risk arising from the climate crisis, according to a new report released by Ceres and the Filene Research Institute that also suggests seven steps credit unions should be taking in response.
WASHINGTON—Banks reported that lending standards on commercial and industrial loans were basically unchanged during the April across firms of all sizes, after having eased standards consistently over the last year, according to the Federal Reserve’s April senior loan officer opinion survey.
ARLINGTON, Va.—Total consumer credit rose 14%, at a seasonally adjusted, annualized rate in March and is up 7.5% compared to a year ago.