MADISON, Wis.— CUES said its members can now download a free copy of “Welcome to Credit Union Leadership: A guide for executives who are new to the CU industry.”
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SAN FRANCISCO–LendingClub, one of the original fintechs to offer personal loans online, is buying a bank in order to give it access to a stable and cheaper source of funding.
WASHINGTON–The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has opened the fiscal year (FY) 2020 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program).
SAN FRANCISCO—A recent report by CipherTrace Labs has found individuals are operating illicit crypto-Money Service Businesses (MSBs) at eight out of 10 U.S. retail banks, whereas in Europe, around 50% of all retails banks face this problem.
CUPERTINO, Calif.—Apple Pay now accounts for 5% of all global credit card purchase volume, according to financial research firm Bernstein.
DALLAS—MoneyGram International has launched MoneyGram FastSend, a new service the company says allows consumers to send money quickly and easily to their friend's mobile phone number via the MoneyGram website and mobile app.
BATON ROUGE, La. – In a move to deliver more features and a better member experience through its ATMs, Pelican State Credit Union said it has turned over management of its fleet of machines to Dolphin Debit, the full-service ATM management company.
WASHINGTON—The Conference of State Bank Supervisors (CSBS) has released the newest chapter of its white paper titled "Reengineering Nonbank Supervision.”
WASHINGTON–A consumer group that acts as a watchdog for student loan borrowers has suggested one lender is charging higher interest rates on student loans to graduates of historically black or predominantly Hispanic colleges.
LONDON — HSBC said it plans to cut 35,000 jobs over the next three years as the global bank struggles to revive a business that has come to depend increasingly on China for growth. As a result, many of the cuts planned by the bank are to take place in Europe and the United States.