LONDON–The credit union community can only expect discussions around cryptocurrencies to increase, especially among commercial account and business members, according to one new forecast.
Fresh Today
ALEXANDRIA, Va.–More than half of employees surveyed in North America plan to look for a new job in 2021, according to a new report, while separate research shows that a quarter of workers plan to quit their jobs outright once the COVID-19 pandemic subsides and recruiting efforts ramp up.
HAMPSHIRE, U.K.–A new report from Juniper Research has found that digital cross-border remittances will grow from $295 billion in 2021 to $428 billion in 2025, with digital transactions returning to pre-pandemic values by 2022.
WASHINGTON—The federal government is planning further money laundering requirements for crypto-money service providers.
LONDON—The Financial Conduct Authority (FCA) estimates 2.3 million adults now hold cryptoassets (up from 1.9 million last year) in the United Kingdom, which is a 21% rise year-over-year, with 78% of adults having heard of cryptoassets.
CHICAGO–TransUnion’s May 2021 Consumer Credit Snapshot reveals accounts in financial hardship status have dropped significantly compared to one year ago.
MEMPHIS, Tenn.–A new survey and analysis offer some insights into how consumer banking behaviors are changing or reverting as pandemic restrictions are lifted.
PETERBOROUGH, N.H.–New approaches to overdrafts being taken by banks has started to earn some national attention.
SACRAMENTO, Calif. — Credit unions in at least one state may be spared the difficulties in helping members who suddenly face overdue rent bills. But they may also face an influx of new deposits as the result of a state-level stimulus.
PORTSMOUTH, N.H.–Northeast Credit Union has selected a new president/CEO to succeed the retiring Timothy Collia.