NEW YORK—As a small but growing number of credit unions begin offering Bitcoin solutions to members, they are doing so as mining for cryptocurrencies remains highly energy intensive—but efforts are also underway to cut those costs.
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NEW YORK—Paceline, an app that rewards consumers for physical activity, announced its Paceline Visa Signature Card is now open to applications.
CHICAGO—TransUnion is planning a $515-million acquisition of the financial services business unit of Verisk — Verisk Financial Services — which offers competitive studies, predictive analytics, models and advisory services for financial institutions, payments providers and retailers worldwide.
ALEXANDRIA, Va.—By a vote of 3-0, the NCUA board Thursday approved its 2022 Annual Performance Plan, noting cybersecurity will be an area of focus as the war in the Ukraine unfolds.
ALEXANDRIA, Va.—Comparing the five failed corporates to a gambler “busted at the blackjack table,” the NCUA board Thursday outlined what credit unions can expect in future distributions as the agency winds down its Corporate System Resolution Program.
ALEXANDRIA, Va.–The NCUA board has voted 3-0 in favor of its 2022-26 strategic plan, with two of the board members stressing that while the plan speaks to risks from climate change, the agency is not mandating any related actions by credit unions, with agency staff also addressing issues related to NCUA’s plans for overseeing CU overdraft programs.
ALEXANDRIA, Va.–NCUA Chairman Todd Harper is urging credit unions to remain vigilant over cybersecurity as a result of Russia’s invasion of Ukraine.
ALEXANDRIA, Va.—During today’s NCUA open board meeting agency staff are scheduled to deliver a briefing on Corporate System Resolution Update, while its 2022-2026 strategic plan is to be discussed.
LONE STAR, Texas–Ten more credit unions have announced they are seeking member approval for mergers, and are citing limited resources, financial losses, retirements and other reasons for seeking to combine.
ST. PETERSBURG, Fla.—Despite Russia’s invasion of the Ukraine sparking economic ripple effects around the world, member spending remained strong in February, according to the March edition of the PSCU Payments Index.