DALLAS— Baylor Health Care System Credit Union has named Delana Bolen as its new president/CEO.
Fresh Today
OCEANSIDE, Calif.–Frontwave Credit Union said it has become the official financial sponsor of the 2022 Beach Soccer Championships, one of the largest beach soccer tournaments in the United States.
CARMEL, Ind.– Allied Solutions, a provider of insurance, lending, risk management, and data-enabled products, said it has entered into a strategic collaboration with Scienaptic AI, an AI-powered credit underwriting platform provider.
ALBANY, N.Y.— NAFCU and several other trade associationshavesent a letter to New York Governor Kathy Hochul and leaders in the New York State Senate expressing their concerns over the Foreclosure Abuse Prevention Act (“FAPA”), S5473D, which passed this week.
ARLINGTON, Va.—The Nominating Ballot phase of NAFCU's 2022 board election has ended; official ballots will be sent to members May 11. The deadline for returning the ballots is May 25, the trade association said.
BROOKFIELD, Wis.–Fiserv and the Clearing House said they have entered into a collaboration that will allow thousands of financial institutions to simplify and accelerate the enablement of real-time payments for consumers and businesses.
WASHINGTON—The Consumer Financial Protection Bureau has filed a proposed order to resolve its allegations that Performance SLC, a student loan debt relief business, and Performance Settlement, a general debt-settlement company, along with their owner and CEO, Daniel Crenshaw, engaged in wrongful fee-charging practices and deceptive telemarketing.
ATLANTA–The median U.S. household needed 42.9 weeks of income as of March 2022 to purchase an average-priced vehicle, according to the latest Cox Automotive/Moody’s Analytics Vehicle Affordability Index.
BEIJING—China's Internet Financial Association, the China Banking Association and the China Securities Association want to "resolutely curb" the tendencies of non-fungible tokens (NFTs) to be made into financial products and securitized and to limit the risk of illegal financial activities related to the tokens, the group said in a statement.
LONDON–The new sheriffs in town looking to tame what’s being described as the “Wild West” of finance—the cryptocurrency space—are, ironically, primarily in Europe, and many crypto-company leaders are none-too-happy with the new lawmen, according to a new report.