OMAHA, Neb.–A “blue wave” may not occur in the upcoming midterm elections–although Democrats are likely to pick up seats–but regardless of the outcome, the gridlock isn’t going to be getting any better, according to one political analyst.
Fresh Today
WILMINGTON, N.C.—Credit unions in some of the areas devastated by Hurricane Florence are beginning to dig out from the aftermath of a storm that has killed 37 so far and set record flood levels in this state.
WASHINGTON—The Senate Banking Committee held a hearing during which a number of witnesses suggested fintech companies should be regulated in ways similar to financial institutions.
WASHINGTON—The Financial Accounting Standards Board is being urged to exclude credit unions from the current expected credit loss (CECL) standard.
WASHINGTON–Numerous credit unions are among the 302 community development financial institutions (CDFI) that have been awarded more than $202 million as part of the U.S. Department of the Treasury’s CDFI Fund awards.
INDIANAPOLIS–Government Payment Service, Inc., which is used by thousands of U.S. state and local governments to accept online payments for everything from traffic citations and licensing fees to bail payments and court-ordered fines, has leaked more than 14-million customer records dating back at least six years, including names, addresses, phone numbers and the last four digits of the payer’s credit card, KrebsOnSecurity reported.
ST. PETERSBURG, Fla.–PSCU has launched DX Mobile, which it said is an easy-to-use app that is part of PSCU’s Digital Xperience (DX) suite of market-leading digital offerings.
RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced that it is donating $10,000 to CUAid, organized to help credit unions and their members in the Carolinas as they work to recover from Hurricane/Tropical Storm Florence.
HONOLULU–Hawaii Central Credit Union has selected eDOC Innovations’ mobile enterprise digital transaction management (mDTM) solution to provide state-of-the-art automation and management in their digital transaction business processes.
WASHINGTON–People who live in “micropolitan statistical areas, or non-rural census tract areas outside of metropolitan statistical areas (MSAs), are the most likely to be “credit invisible,” according to a new report from the Bureau of Consumer Financial Protection.