WASHINGTON–The National Credit Union Foundation announced its popular Development Education (DE) program will move to a virtual environment for the remainder of 2020 as a result of the COVID-19 crisis.
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MARLBOROUGH, Mass—Mercator is estimating that Visa, the brand on 72% of U.S. debit cards, now has 93 million contactless debit cards in the United States.
WASHINGTON—The Federal Reserve has provided an update on its FedNow Service, indicating the program will be launched in phases.
ATLANTA–Intercontinental Exchange Inc. is buying Ellie Mae, a provider of cloud-based services for mortgage lenders, for $11 billion.
WASHINGTON–The CUNA board has released a report in response to a June 4 resolution in which it said it acknowledged and stood against structural racism, and further announced a commitment to creating a pathway to change within the credit union system.
DECATUR, Ga.–One of the biggest challenges in having conversations around race is often the issues are “too heavy” for most white people to deal with.
WASHINGTON–The wave of refinancings and first mortgages credit unions have been experiencing show no signs of abating, as rates continue to fall into record territory.
ST. PETERSBURG, Fla.—The expiration of unemployment benefits under the CARES Act and sluggish back-to-school spending are likely factors in trends seen in the latest CU member card spend data.
ARLINGTON, Va.—The U.S. economy added 1.8 million jobs in July, and the sharp slowdown is largely due to inaction around a new stimulus package and school closures, according to NAFCU Chief Economist and Vice President of Research Curt Long.
ARLINGTON, Va.–A series of executive orders signed by President Trump aimed at stimulating the economy and whose constitutionality is being challenged will likely not help nor hinder Congress as it seeks to pass a phase IV stimulus package of its own, according to a NAFCU executive.