SEOUL, South Korea–Under pressure to adopt an open banking system, South Korea's financial industry said it plans to move forward with a general-use digital financial transaction protocol this year so fintech companies can share financial data and build innovative business models.
ARVADA, Colo.–Partner Colorado Credit Union said it was able to exceed a new deposits goal by 200% with a special offer.
FALCON HEIGHTS, Minn.–SPIRE Credit Union has announced two new sports-related partnerships, including entering into multi-year partnership to become the official credit union of the Major League Soccer’s Minnesota United.
JANESVILLE, Wis.–Blackhawk Community Credit Union, which was founded in 1965 to serve the huge General Motors plant here, is now helping distribute bricks from that same plant after it has been torn down.
LONDON–How much extra does it cost someone annually if they are unbanked in the U.K.? According to new research, it costs the unbanked as much as £485 ($629) extra each year.
KILLARNEY, Ireland–Six credit unions in the Cork-Kerry region here have joined forces as an agricultural lending program called Cultivate continues its expansion in this country.
WASHINGTON –The Consumer Financial Protection Bureau announced it is making changes to policies regarding Civil Investigative Demands (CIDs) to ensure they provide more information about the potentially wrongful conduct under investigation.
MINNEAPOLIS, Minn.—U.S. Bancorp is planning to close hundreds of branches across the country over the next few years, a new report indicates.
DECATUR, Tenn.–NCUA has placed Mid East Tennessee Community Credit Union here into conservatorship.
MADISON, Wis.–The Wisconsin Supreme Court has issued a ruling in a debt collection case that is being hailed by credit unions as a victory for lenders in this state, many of which have been targeted by attorneys claiming they were in violation of state law.
