ST. LOUIS–Together Credit Union has become the first financial institution in the district served by the Federal Home Loan Bank of Des Moines to complete an eNote transaction.
Fresh Today
NEW YORK—When mobile wallets debuted years ago, the country looked to Apple Pay as the digital payments method likely to lead the way—and that included hundreds of credit unions, which signed on with the new wallet.
BIRMINGHAM, Ala.—Dollar Associates will host a webinar Today from 2 p.m.-3 p.m. ET to address the deposit influx at credit unions and how daily deposit management is becoming a priority.
WASHINGTON—The Federal Trade Commission and the state of Arkansas have sued the operators of a “blessing loom” investment program, alleging it has operated as an illegal pyramid scheme that bilked tens of millions of dollars from thousands of consumers, especially targeting African Americans and harming people struggling financially during the COVID-19 pandemic.
WASHINGTON—CUNA said young credit union professionals will have the opportunity to learn from its own advocacy experts as well as those from leagues as part of a Young Professional Advocacy Workshop.
PURCHASE, N.Y.—Mastercard is partnering with U.K.-based FinGo, a biometric identity authentication and payments platform, to give the fintech access to the white labelled Mastercard Payment Gateway Services (MPGS).
WASHINGTON—Congresswoman Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, has announced a Digital Assets Working Group of Democratic Members.
AUSTIN, Texas—Several U.S. states, including Texas, Wyoming and Illinois, are actively vying to attract Bitcoin mining businesses.
WASHINGTON–CUNA and several its affiliated state credit union leagues have sent a letter to NCUA urging it to work with Congress to pursue additional tools to aid credit unions facing prompt corrective action (PCA) and other capital challenges.
WASHINGTON—NAFCU wrote to the NCUA in response to the agency's interim final rule (IFR) renewing temporary prompt corrective action (PCA) regulatory relief for federally-insured credit unions (FICUs).