WASHINGTON–Two senators are raising concerns following an announcement by Fidelity that it will allow customers to allocate bitcoin to their 401(k) retirement accounts.
Fresh Today
AUSTIN, Texas–Amplify Credit Union is reporting it sold $300-million in loan participations in the first quarter, a new record for the credit union. It is predicting it will double the volume in Q2.
CHICAGO–As inflation continues to rise,non-prime borrowers – those consumers with the riskiest credit profiles – have generally experienced the greatest impact to their wallets, according to a new study.
DALLAS— Baylor Health Care System Credit Union has named Delana Bolen as its new president/CEO.
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.