RESTON, Va.–A new report finds consumers open to embracing alternative payment solutions, including wearables and smartphones, but also a “high degree” of concern around security.
Fresh Today
WOODBURY, Minn.–Ideal Credit Union has launched a new Community Heroes Mortgage Program aimed at first responders, teachers, members of the military and others that offers a 1% downpayment option.
ALEXANDRIA, Va.—A proposed rule on risk-based lending is on the agenda for Thursday’s NCUA board meeting. The agency delayed the RBC rule by one year last fall.
NEW YORK–Morgan Stanley's Business Conditions Index, which captures “turning points” in the economy, fell by 32 points in June, to a level of 13 from 45 in May.
MENLO PARK, Calif.–Facebook is expected to announce this week it will back a new cryptocurrency, with more than a dozen companies, including Visa, Mastercard and PayPal, among the backers.
ORLANDO, Fla.–It’s a busy week for credit union meetings. CUNA, NAFCU and the League of Southeastern Credit Unions are all preparing to kick off their major summer meetings, with all taking place on the same dates and two of the events in the same city.
WASHINGTON, D.C. – The Consumer Financial Protection Bureau said it has reached a settlement with Student CU Connect, a CUSO owned by seven credit unions, that requires loan forgiveness of nearly $170 million.
EDINBURG, Texas–Credit unions in Texas and Pennsylvania have named new CEOs.
NEW ORLEANS–As a means of streamlining rulemaking, federal financial institution regulators are working on a “joint data intake system,” the CFPB’s director told a bank group meeting here.
PHOENIX–In partnership with Harkins Theatres, Desert Financial Credit Union helped give away 500 pairs of movie tickets over the weekend to help celebrate Father’s Day.