BROOKFIELD, Wis.– Fiserv has published a whitepaper it said outlines how financial institutions that take a strategic approach to open banking can enable competitive differentiation, better customer experiences and accelerate growth.
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WASHINGTON—While credit unions support efforts to rein in high-cost loan products that aren’t consumer-friendly, CUNA is warning against overly prescriptive rules that could hamper availability of safe and affordable credit union products.
WASHINGTON—A bipartisan commission at the Consumer Financial Protection Bureau is essential to preserving its independence, CUNA wrote to the House Financial Services Committee.
TYLER, Texas—Wells Fargo has filed a motion with the U.S. District Court for the Eastern District of Texas asking it to stay a second jury's decision that found the bank intentionally infringed on certain USAA remote deposit capture (RDC) patents. Wells Fargo was ordered the bank to pay $103 million in damages in the case.
OGDEN, Utah–America First Credit Union has signed on as a multi-year presenting sponsor of the Ogden Marathon, which is produced by the GOAL Foundation.
WASHINGTON–The Mortgage Bankers Association has told NCUA it supports its proposed increases for appraisal thresholds for residential and commercial properties.
CLEVELAND––Hyland, a content services provider, said it has acquired Learning Machine, a provider of blockchain-anchored digital credentialing solutions.
WASHINGTON—CUNA has confirmed the “cyber incident” it experienced this week that shut down many of its systems and led to the trade association sending staff home on Monday was indeed ransomware.
WASHINGTON – Americans' views on their personal financial situation have been climbing since 2018, according to new research released by Gallup.
WASHINGTON—Ahead of a House Financial Services subcommittee meeting to explore astroturfing in financial practices –the term used to describe the practice of attempting to advance an anti-consumer agenda under the guise of grassroots efforts – NAFCU Vice President of Legislative Affairs Brad Thaler sent a letter flagging how credit unions have been affected by such actions.