WASHINGTON—Senate Banking Committee Chairman Mike Crapo (R-ID) has outlined the committee's agenda for the 116th Congress.
Fresh Today
ATLANTA—The U.S. District Court for the Northern District of Georgia has issued a decision that both supports and denies a motion by Equifax to dismiss claims related to its huge 2017 data breach. Lawsuits were filed against Equifax by numerous financial institutions, including credit unions, and associations representing those institutions, including CUNA.
WASHINGTON—The House of Representatives has passed the Financial Technology Protection Act, which is designed to combat illicit activities that use fintechs, such as digital currencies.
OVERLAND PARK, Kan.–Mazuma Credit Union has named a new president/CEO. The $661-million Mazuma has selected Deonne Christensen, who had been serving as interim CEO, to lead the organization on a permanent basis.
MESQUITE, Texas–Mesquite Credit Union here has selected United Solutions Co. to provide it with core processing services.
WASHINGTON—One congressman is asking the House Financial Services Committee to take a much closer look at fintechs.
AHMADABAD, India–While traveling in India to learn more about that country’s cooperatives, Brian Branch, president of the World Council of Credit Unions, was asked during a media interview why India’s credit cooperatives have such small market share and whether co-ops in the U.S. are really “too corporate” to be co-ops.
CHESTERFIELD, Mo.—NewGround, the architecture, design, and delivery firm, is reporting it received a 93% overall client satisfaction score for 2018 through the C.A.R.E. (Consistent, Available, Reliable, Engaged) Assessment Program.
ALBANY, N.Y. – The New York Credit Union Association said it has partnered with Vibrant Creative to provide the state’s credit unions with a preferred agency that offers marketing, creative and consulting services.
LONDON—Despite the struggle some major banks are having with profitability on their card programs as the result of generous rewards, offers, it doesn’t appear issuers will be dialing back their offers in 2019—especially in travel rewards.