LONDON–Three credit unions here have been awarded grants from Lloyds Banking Group through its Credit Union Development Fund.
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PURCHASE, N.Y.—Mastercard has signed a global Memorandum of Understanding (MoU) with Angaza, a leader in so-called “last-mile distribution technology.”
MENLO PARK, Calif.–Facebook is working on its own cryptocurrency coin.
ALEXANDRIA, Va.–Total assets in federally insured credit unions rose by $75 billion, or 5.4%, over the year ending Dec. 31, 2018, while loans were up $86 billion and crested $1 trillion, according to the latest Quarterly Credit Union Data Summary from NCUA
FOSTER CITY, Calif.—Spending for goods and services generated by Mastercard and Visa credit, debit, and prepaid cards issued in the United States was $6.021 trillion in 2018, an increase of 9.5% over 2017, a new report shows.
WASHINGTON—NAFCU President and CEO Dan Berger met with CFPB Director Kathy Kraninger to discuss the Bureau's rulemaking initiatives and share how the Bureau could reduce credit unions' regulatory burden.
WASHINGTON—Proposed changes to the current expected credit loss (CECL) standard are unlikely to be adopted by credit unions, said CUNA, which urged the Financial Accounting Standards Board (FASB) to explore ways relief for credit unions can be achieved.
MADISON, Wis.–The $2.8-billion UW Credit Union has launched what it is calling a refreshed corporate identity, as well as a newtagline, new look and a new direction for the CU established more than 85 years ago by members of the University of Wisconsin community. The new tagline is “Here For Every You.”
TAMPA, Fla.—Trellance has unveiled the agenda for its 28th annual conference, IMMERSION19. The conference offers an agenda filled with educational and collaborative sessions on data analytics, card portfolio growth, member experience, vendor evaluation services and fraud, the CUSO said.
WASHINGTON—The Department of Veterans Affairs (VA) has issued a circular outlining new policies for the interim final rule that amended its regulations regarding VA-guaranteed or insured cash-out refinance loans.