NORTH CANTON, Ohio–Diebold has agreed to purchase Wincor Nixdorf, one of its competitors, in a deal valued at $1.8-billion.
Fresh Today
ALEXANDRIA, Va. – Noting that 20% of households headed by a working-age adult with disabilities lack access to traditional financial services, NCUA will be hosting a Twitter chat in conjunction with the National Disability Institute. The live chat is scheduled for Wednesday, Dec. 2, beginning at 11 a.m. ET.
MADISON, Wis.– The CUNA Lending Council has announced its 2015-2016 executive committee at its annual conference.
SEATTLE—Moss Adams LLP, an accounting and business consulting firm that is retained by a number of credit unions, announced it has agreed to combine with the Spokane, Wash.–based financial services consulting firm Contineo. The deal is effective Jan. 1.
OVERLAND PARK, Kan.–Ten credit unions have invested in MEMBERS Development Company over the past year.
ALEXANDRIA, Va.–As NCUA promised, the agency Monday sent its report on the final risk based capital rule to the House Financial Services Committee—and the document includes recommendations for changes to the Federal Credit Union Act.
MINNEAPOLIS, Minn.—The number of banks choosing not to serve money services businesses (MSBs) appears to be growing, according to a new report.
WASHINGTON—The World Council of Credit Unions has sent a comment letter to the Financial Action Task Force urging the FATF to set clearer rules for when U.S. CUs are able to serve money service businesses (MSBs).
LOMBARD, Ill.—Consumers in the market for new credit cards this holiday season are most likely to apply for cards with features such as 0% introductory rates, cash-back rewards programs, ID theft protection, no annual fees and low standard interest rates, a new report reveals.
NEW YORK—Consumer credit defaults ticked up slightly in October over September, according to a new report.