BASEL, Switzerland—Financial institution regulators across the world are looking into the reasons why large banks are pulling back from handling cross-border payments—something that is making it more challenging for families to send money to relatives overseas, Reuters reported.
NEW YORK–Wall Street banks are demonstrating that fintech start-ups aren’t limited to Silicon Valley. Companies such as Zelle and Concord are fintechs that have been launched by the nation’s biggest banks as a means of protecting their own turf and growing their businesses.
MOSCOW—Another study shows that security and fraud concerns are slowing adoption of mobile banking.
SAN FRANCISCO—Hacker attacks on hotel chains are not slowing.
WASHINGTON–The corporate credit union “bailout” that was engineered by NCUA as the financial crisis hit credit unions appears to be a success, but it’s “hard to say,” according to one analyst.
MIDDLETOWN, Penn.–MY CU Services and Elan Financial Services said they have entered into a partnership to provide more reliable ATM and card services to credit unions.
LAS VEGAS–An innovative video podcast called the Strategic Hotbox has been introduced by Mitchell, Stankovic & Associates.
ATLANTA–FMSI has published an infographic that offers a summation of its latest Retail Salary & Benefit Study.
SEATTLE–Seattle Metropolitan Credit Union said it has completed the move of its administrative headquarters and approximately 100 employees to Home Plate Center.
ST. PETERSBURG, Fla.–PSCU said it has joined with payments industry strategy consulting firm Glenbrook Partners to publish a white paper on blockchain technology and its potential for credit unions. The white paper is available here.
