LOWELL, Mass.–Workers Credit Union here has opened a new branch that includes an interactive hologram and a humanoid robot to go with the new video tellers.
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WASHINGTON– The Federal Deposit Insurance Corporation (FDIC) and Duke University’s Pratt School of Engineering have announced a strategic partnership to support technological innovation in the banking and financial services sectors.
ARLINGTON, Va.—NCUA Vice Chairman Kyle Hauptman met with NAFCU's regulatory committee this week to discuss several top credit union issues as well as his priorities moving forward.
WASHINGTON—Bipartisan legislation extending the loan maturity limit for federal credit unions would help more credit unions enter the student lending sector, CUNA stated in a letter to the Senate Banking, Housing and Urban Affairs Committee.
SPOKANE, Wash.–Credit unions in this market say mortgage lending remains scorching hot and they are working on ways to expand home loans to underserved areas.
NEW YORK—Two of the biggest winners in the pandemic delivery boom are looking to launch their own credit cards.
WASHINGTON–The Financial Crimes Enforcement Network (FinCEN) said it will host a special monthly virtual FinCEN Innovation Hours Program on June 10 that will focus on the important role of underserved groups in developing technology to fight illicit financial activity and protect the nation’s security.
MENLO PARK, Calif.—Facebook has confirmed it is testing a new QR code feature and payment links for use with Facebook Pay to make it easier for people in the U.S. to send or request money from one another, TechCrunch is reporting.
BENTONVILLE, Ark.—Walmart has filed for a trademark of the name and logo of its financial technology venture, which also gives some hints about what services the company will provide, according to analysts.
WASHINGTON—The Small Business Administration (SBA) has released updated Paycheck Protection Program (PPP) data showing that more than four million loans have been approved in 2021, totaling almost $233 billion. With the program extended to May 31, there is roughly $58 billion in funds still available.