Fresh Today

Fresh Today

WASHINGTON­–In response to a call to action by CUNA, more than 480 letters have been sent to the Financial Accounting Standards Board urging it to move carefully and to take into account credit union concerns related to its proposal on Current Expected Credit Losses (CECL).

DALLAS–Some bonds backed by subprime auto loans are beginning to see performance issues resulting from delinquencies in the underlying loans.

MONETT, Mo.–JHA Payment Solutions, a unit of Jack Henry & Associates, said it has entered into a partnership with The Clearing House (TCH) to expand the scope of U.S. financial institutions equipped to send and receive new real-time transactions.