WASHINGTON—CUNA said it supports a Consumer Financial Protection Bureau proposal that would amend the Fair Credit Reporting Act to assist victims of human trafficking.
Fresh Today
MILWAUKEE, Wis.–Corporate Central CU said it plans to launch a new member service platform in the fall of this year called “Beastro” that is designed to be a user-friendly, open, and integrated correspondent services digital platform to further advance financial wellness for members and the people they serve.
HENDERSON, Nev.–In the six weeks since it was announced, more than $300,000 has been raised for the Polish American Credit Union Support Fund, which is providing support to Poland’s credit unions as they give assistance to the tide of Ukrainian refugees who have entered the country.
ST. PAUL, Minn.–The Minnesota Credit Union Foundation said it has launched an effort to raise $1 million in capital from the credit union community to support the establishment of Village Financial Credit Union, a Black-led de novo credit union.
WASHINGTON—The Federal Trade Commission has joined the Consumer Financial Protection Bureau in an amicus brief filed with the United States Court of Appeals for the Second Circuit in the case of Sessa v. TransUnion.
WEST PALM BEACH, Fla.—Gold Coast FCU has been selected as one of Elan’s 50 credit union credit card partners to participate in Elan’s Across the Country Charitable Giving program.
MADISON, Wis.–Filene will host a webinar titled “Leading With Heart, Earning Results,’ on May 24.
WASHINGTON–The nation’s banking system remains strong overall, but there remain risks around cybersecurity, prime brokerage services and credit, in addition to other emerging issues, according to a new report from the Federal Reserve.
CHICAGO– An increasing number of landlords are reporting rent to the credit reporting agencies, and the number is likely to grow as the youngest generation — Gen Z — is most interested in the practice, according to a new report from TransUnion.
WASHINGTON–The CFPB said it is “sharpening its focus” on digital redlining and algorithmic bias as the result of the growing influence of financial technology platforms.