Fresh Today

Fresh Today

WASHINGTON—Is the OCC backing away from its proposal to establish a special purpose national bank charter for fintechs? One new report suggests that may be the case, based on recent comments from Keith Noreika, acting Comptroller of the Currency.

DALLAS–Swirlds, creators of the hashgraph distributed consensus platform, and CULedger, a credit union consortium supported by CUNA and the Mountain West Credit Union Association, have announced an agreement whereby CULedger will use Swirlds’ hashgraph technology as a key component of CULedger’s permissioned, distributed, shared ledger platform for credit unions.

MECHANICSBURG, Penn.–The $3.6-billion Members 1st Credit Union has named a new president and CEO. The credit union has selected George Nahodil to lead the organization.