HONG KONG—The Hong Kong Monetary Authority (HKMA) has kicked off a new wholesale central bank digital currency project to support for the tokenization market in the territory
Fresh Today
CU Leaders Continue to Express Worries Over Liquidity, But Are Also Confident Rates About to Decline
SAN DIEGO – Credit union leaders are continuing to worry about liquidity in 2024.
TROY, Mich.— Even as the rapid increase in usage of buy now, pay later (BNPL) services has been accompanied by a growing concern over runaway consumer debt, the customers who are using these services are growing increasingly satisfied with their experiences, according to a new J.D. Power survey.
WASHINGTON—The number of Americans who are members of credit unions increased to more than 142 million in January, according to the recently released America’s Credit Unions’ Monthly Credit Union Estimates.
WASHINGTON–Applicants have applied for three times more funding than is actually available following the close of the application period for the 2024 funding round of the CDFI Fund, CDFI Program, and Native American CDFI Assistance Program, according to the Treasury Department.
WASHINGTON–In an update on what the CFPB sees ahead for one of its priorities, open banking, Director Rohit Chopra is cautioning that the current standard-setters should not take their place in the market for granted.”
WESTBROOK, Maine–Tricorp FCU has named a new president and CEO to succeed the retiring Steve Roy.
SIDNEY, Mont. —Richland Federal Credit Union has declared a special dividend of $300,000 to be distributed to its share account holders.
IRVINE, Calif.– Origence has announced the breakout sessions for its Lending Tech Live ’24 conference, scheduled June 25-27, 2024, at the Marriott Marquis in San Diego.
EL PASO, Texas–Four former branches of Western Heritage Bank are now officially part of New Mexico-based Nusenda Credit Union.