LONDON—The U.K. might raise its amount for contactless payments from £45 to £100 in one of its first actions after officially leaving the European Union (EU), The Daily Mail reported.
Fresh Today
WASHINGTON–With the final tally in Georgia’s special election tipping the Senate to Democratic control by the razor thin margin of VP-Elect Kamala Harris’ tie-breaking vote, analysts are now focused on what it might mean moving forward, including for credit unions.
WASHINGTON–The 2020 surge in homebuying showed signs of easing at year-end.
WASHINGTON—Members of the Fed’s Open Market Committee view development of the coronavirus vaccine as "favorable for the medium-term economic outlook,” according to minutes released from its December videoconference meeting.
CLARION, Penn.–Clarion FCU has declared a $350,000 Special Bonus Dividend to its members, based on their relationships with the credit union during 2020.
ALEXANDRIA, Va.–Members at credit unions across the country will be asked to vote on mergers over the next few months.
NEW YORK—The majority of small business owners have been struggling since the COVID-19 pandemic hit the U.S. in early 2020.
OKEMOS, Mich.–Brian McVeigh, who had a nearly 40-year career in credit unions, most recently as CEO of Adventure Credit Union, has died.
NAPERVILLE, Ill.––Alloya Corporate FCU has launched a new virtual education series, Link.
PORTSMOUTH, N.H.–A new analysis offers some insights into how financial institution employees use conversational banking technology, including virtual assistants and bots.