NEW YORK—Last year was a blockbuster year for virtual currency investments, a new report reveals.
Fresh Today
SIOUX FALLS, S.D.–A new survey various industry executives, “Readiness for Universal Cash Deposits for ATMs 2022,” has found an overwhelming majority of respondents support the adoption of Universal Cash Deposit at ATM networks, especially as banks continue to reduce their branch networks.
SAN FRANCISCO—PayPal has revealed its upgraded credit card, which will now offer users more cash back—up to 3%--depending on how they make their purchases.
LAKE BUENA VISTA, Calif.–A pair of CUSOs that have partnered on a voice authentication solution have won NACUSO’s Next Big Idea competition here.
WASHINGTON– The Consumer Financial Protection Bureau said it is invoking a largely unused legal provision to examine nonbank financial companies that pose risks to consumers.
WASHINGTON–There is a full slate of congressional hearings of interest to credit unions on tap this week on Capitol Hill.
ARLINGTON, Va.–With Congress not expected to make much progress on substantive legislation in the near future, the focus for credit unions on Capitol Hill is increasingly on congressional hearings (see related story).
MADISON, Wis.–CUNA has now set a date of May 2 for release of a new white paper on a survey it has conducted related to financial well-being.
GDANSK, Poland–The World Council of Credit Unions’ CEO got an update on just how damaging economically Russia’s invasion of Ukraine has been to date.
WASHINGTON—CUNA and NAFCU have each written to the Federal Reserve with concerns over the Fed’s proposed guidelines for evaluating account and services requests.