WASHINGTON–While much of the attention given to Federal Reserve Chairman Jerome Powell’s appearances before Congress this week focused on any signals related to inflation and rates, he also spoke to the issue of a central bank digital currency (CBDC).
Fresh Today
VENICE, Italy–The ability to assess the risks of climate change, particularly when it comes to financial stability, will be dependent upon comparable, globally consistent and reliable disclosures, as well as upon a broader set of high-quality, relevant data, according to the vice chairman of the Federal Reserve.
ST. PETERSBURG, Fla.–Consumer spending continues to show strength, according to the newest edition of the PSCU Payments Index.
FLINT, Mich.–Two Michigan credit unions have announced plans to merge.
MADISON, Wis.–Credit union leaders who want to become “future ready” need to focus on generational equity, according to one person.
MADISON, Wis.– Wis.–Credit union leaders were given an update on the status of Open Banking in various regions of the world and what they need to know about it as the look to move forward.
WASHINGTON—CUNA has told Congress it supports more money for a cooperative funding program and procurement reform at the U.S. Agency for International Development (USAID).
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) said it will convene a FinCEN Exchange in August 2021 with representatives from financial institutions, other key industry stakeholders, and federal government agencies to discuss ongoing concerns regarding ransomware, as well as efforts by the public and private sectors.
PLANO, Texas—SWBC said it will host a webinar on Aug. 11 on how to best optimize a borrower’s user experience in order to build a successful payments program.
ST. LOUIS –Together Credit Union has signed on as a founding partner and as the Official Banking Partner of CITY SC, a Major League Soccer (MLS) expansion franchise scheduled to take to the pitch in 2023.