SOUTH PORTLAND, Maine–TruChoice FCU here has selected the CU*Base system from CU*Answers as its new core solution.
Fresh Today
WASHINGTON—The Federal Trade Commission (FTC) will hold hearings in December and February to examine its authority to deter unfair and deceptive conduct in data security and privacy matters.
WASHINGTON—During a Financial Accounting Standards Board's (FASB) Transition Resource Group for Credit Losses meeting last week, FASB staff indicated it would spend additional time working on certain operational challenges associated with the current expected credit loss (CECL) standard.
WASHINGTON—The Federal Trade Commission has given final approval to a settlement with Uber Technologies, Inc. over allegations that the ride-sharing company deceived consumers about its privacy and data security practices.
PURCHASE, N.Y.— Mastercard has rolled out Digital Commerce Solutions, a new suite of strategies and services that includes a plan for all of its cards to support security token authentication methods by 2020.
WASHINGTON—During the weekend of Dec. 8, Fannie Mae will begin use of Desktop Underwriter (DU) Version 10.3, which accounts for 2018 market conditions, makes changes to appraisal waivers and provides updates to align with the Selling Guide. Many credit unions use the DU for loans sold to Fannie Mae.
VANCOUVER, B.C.– Central 1 here has announced the launch of Forge, a digital banking platform it said transforms the banking experience in Canada.
LIVONIA, Mich. — CU Solutions Group (CUSG), a CUSO providing technology, marketing and HR performance management solutions, and QCash Financial, a provider of automated, cloud-based mobile lending products, said they have entered into a marketing partnership to promote QCash Financial’s solutions in the credit union marketplace.
WASHINGTON—The Bureau of Consumer Financial Protection has released an assessment report on its remittance rule, which found that most credit unions that offer remittance transfers fall under the 100-transfer threshold.
SAN FRANCISCO—Square is launching a new point-of-sale hardware device called Terminal, which can accept credit card and mobile payments through Apple Pay, Google Pay, Samsung Pay, and NFC.