OAKLAND, Calif.–Women of color start businesses at a faster rate than anyone, yet they remain underserved by lenders, according to new research conducted by CNote, a women-led community investment platform that says it has a mission of closing the wealth gap.
Fresh Today
HAMPSHIRE, U.K.– A new study from Juniper Research is forecasting the transaction value of B2B domestic payments across payment methods will exceed $54 trillion in 2023, up from $49 trillion in 2021. The research predicts a growth of 10%; reflecting a slow recovery in business activity following the impact of the COVID-19 pandemic.
ANNAPOLIS, Md.—A new CUSO has been formed here with backing from a Florida-based credit union in a deal that involves the acquisition of a compliance services firm.
WASHINGTON—President Biden has designated Jessica Rosenworcel as chairwoman of the Federal Communications Commission (FCC).
WASHINGTON–A proposal that would have required credit unions to report member deposit inflows/outflows to the IRS has been dropped from the latest reconciliation bill currently before Congress.
IRVINE, Calif.–For many CU members, “financial precarity” is the new normal, according to one expert, who called on credit unions to understand just how stressed out many people are—including their own employees—over the uncertainty in their lives.
ARLINGTON, Va.—New-home sales rose 14% in September from August's downwardly revised rate of 702,000 annualized units to 800,000 units.
LUBBOCK, Texas–A new credit union here has received its charter: Capital FCU.
WASHINGTON—Ahead of today’s hearing to conduct a semi-annual review of the CFPB, NAFCU and CUNA each wrote to the House Financial Services Committee to comment on the Committee's oversight of the Bureau.
ST. LOUIS–How tight has the real estate market become as Halloween approaches? A majority of Americans say the fact a house is haunted wouldn’t stop them from buying it and, moreover, they find many house-related issues more frightening than ghosts.