BROOKFIELD, Wis.–Fiserv reported that over the last five months more than 20 financial institutions have completed remote core conversions to the company.
Fresh Today
IRVING, Texas–Credit unions and their IT teams will want to be on alert as a series of ongoing business email compromise (BEC) campaigns that use spear-phishing schemes on Office 365 accounts has been seen targeting business executives of more 1,000 companies since March 2020.
NEW YORK—Citigroup plans to let credit card customers finance big purchases on Amazon.com over longer periods of time.
RALEIGH, N.C.–Constellation Digital Partners, a platform designed to enable credit union and fintech collaboration, and LenderClose have announced LenderClose’s first certified service, also known as a tile, on the Constellation platform.
DULUTH, Ga.–The reason why no credit union can self-actualize if it isn’t doing something about poverty, what senior managers need to know about the “frozen middle,” and potential plans for an NCUA-hosted meeting on getting more capital into communities were all discussed during a webinar featuring a number of CU leaders.
TAMPA, Fla.–The income and wealth gaps between African Americans and that of whites remains stark, according to one person, who advocated for reasons why everyone should care about the issue, and also shared strategies for younger workers to advocate for themselves financially.
WASHINGTON–A new study from the National Bureau of Economic Research has found businesses in lower income markets primarily turned to fintechs to apply for Paycheck Protection Program loans from the SBA.
JOLIET, Ill.–Separate mergers have been announced in Illinois and Indiana.
ATLANTA—Center Parc Credit Union, which operates as a division of Atlanta Postal Credit Union (APCU), has announced a partnership and a football stadium naming-rights sponsorship with Georgia State University.
ALEXANDRIA, Va.–NCUA has issued a regulatory alert related to provisions of the CFPB’s payday lending rule, which was revised last month. The agency noted the compliance deadlines under the CFPB’s payday lending rule are stayed under a court order due to pending litigation.