WASHINGTON—The U.S. Energy Information Administration (EIA) has launched a survey on the electricity consumption of cryptocurrency mining in the country.
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Consumers Distrustful of AI at Financial Institutions; Education Going to be Needed, Says J.D. Power
TROY, Mich.–As new technologies are being integrated into financial services, most bank customers in the U.S. are expressing distrust over artificial intelligence, according to the newest Banking and Payments Intelligence Report from J.D. Power.
SAN FRANCISCO —New data released by VantageScore, a national provider of credit-scoring and data analytics, show that in January delinquencies spiked to the highest level in nearly four years as some consumers dropped out of the VantageScore Prime credit tier into VantageScore Subprime due to inflation-induced economic stress.
GLENDALE, Ariz.–At a time when some credit unions have announced layoffs, Credit Union West said it is preparing to add 36 new people to its team.
INTERNATIONAL FALLS, Minn.–After a three-year absence, TruStar Federal Credit Union said it is paying a patronage dividend of $650,000 to eligible members.
vPLANO, Texas–Catalyst Corporate FCU and Catalyst Strategic Solutions have introduced a new brand style and identity that the companies said better reflects their “growing organization and dedication to credit unions nationwide.”
LAS VEGAS– The California and Nevada Credit Union Leagues and the Utah Credit Union Association, said they have entered into an agreement to form a joint association support services organization.
LONG ISLAND CITY, N.Y.–United Nations FCU has joined the Partnership for Carbon Accounting Financials (PCAF).
BOSTON–Former NCUA Board Member Rodney Hood has joined his second fintech board.
TAMPA, Fla.–Trellance has announced its agenda of breakout sessions for its EDGE Conference, which will be held May 6-7 in Nashville.