WASHINGTON—Nominations are now being accepted for eight open director positions on CUNA’s board of directors, the trade association said.
Fresh Today
CINCINNATI–The 81-year-old United Methodist Financial Credit Union has changed its name. The credit union has now rebranded as Christian Family Credit Union following an expanded field of membership.
SACRAMENTO, Calif.—With the official passage of the California Consumer Protection Act, California’s Department of Business Oversight (DBO) will be renamed the California Department of Financial Protection and Innovation and given expanded powers.
PURCHASE, N.Y.—Mastercard has unveiled two solutions it said are designed to help retailers digitize and simplify operations during the coronavirus pandemic.
WASHINGTON – The U.S. Department of the Treasury's Community Development Financial Institutions Fund announced it has approved a $100 million guarantee under the fiscal year 2020 round of the Community Development Financial Institutions (CDFI) Bond Guarantee Program.
SEATTLE–Amazon has introduced a new payments solution that lets consumers use their palm prints to pay for goods at its Amazon Go stores.
SINGAPORE—Open banking continues to take hold across the globe.
WASHINGTON—Discussions continued over the weekend between Administration and congressional representatives about a so-called phase IV relief package, with the credit union trade associations urging specific types of support.
WASHINGTON–The economy added 661,000 jobs in September, indicating a slowdown in job growth may be taking place. According to the Bureau of Labor Statistics the unemployment rate in its latest analysis stood at 7.9%.
WASHINGTON—The House has passed two bills of interest to credit unions, the Digital Taxonomy Act and the Blockchain Innovation Act.