SAN FRANCISCO–The first class of kindergarteners who were enrolled in a unique program that gave each of them a $50 savings account has now graduated from high school, and the results offer some insights into the lessons learned along the way.
Fresh Today
WASHINGTON–Representatives of NAFCU, CUNA and other financial services trade groups met with the Small Business Administration’s Office of Advocacy to discuss automated valuation models (AVMs) and the CFPB Policy Statement on unfair, deceptive, or abusive acts or practices (UDAAP).
WASHINGTON—Legislation that seeks to strengthen anti-money laundering (AML) and counter-terrorist financing (CTF) regulations for the digital asset industry has been has been reintroduced by Sens. Elizabeth Warren (D-MA), Roger Marshall (R-KS), Joe Manchin (D-WV) and Lindsey Graham (R-SC).
MADISON, Wis. –TruStage said it has signed a Memorandum of Understanding (MOU) with the African Confederation of Co-operative Savings and Credit Associations (ACCOSCA).
MILWAUKEE, Wis. – A CUSO that provides contract renegotiation and cost reduction services said it continues to deliver “eye-opening” savings for credit unions is reporting that since the launch of the program in 2017 it has helped 80 credit unions save more than $30 million.
HARAHAN, La.–Five people have been inducted into the Louisiana Credit Union Hall of Fame.
WASHINGTON—NAFCU has announced additions to its speaker lineup for its Congressional Caucus, Sept. 10-13.
SAN FRANCISCO—PayPal has introduced tap-to-pay technology for Venmo and PayPal Zettle businesses in the United States.
MADISON, Wis.— CUES has released its 2024 Learning & Events Calendar and other tools it said are designed to help the industry’s professionals “solidify their career goals for the coming year.”
CUPERTINO, Calif.–Apple is reporting it has now crossed the $10 billion in deposits threshold with the new high-yield savings account it introduced in April of this year. The product is being offered in conjunction with Goldman Sachs.