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.
Fresh Today
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.
WASHINGTON—A new cybersecurity labelling program has been introduced in which smart devices that meet specific cybersecurity standards will be marked with a “US Cyber Trust Mark” shield logo.
NEW YORK–The U.S. card payments market is expected to grow at a strong compound annual growth rate (CAGR) of 7.8% between 2023 and 2027 to reach $13.9 trillion in 2027, according to a new analysis from GlobalData.
WASHINGTON–The U.S. economy added 187,000 jobs during July, indicating the economy is cooling and likely lifting pressure on the Fed to ease up on the raising of rates.
ST. LOUIS–In part two of this two-part analysis of proposed credit union mergers, CUToday.info has found CUs with some whopping capital ratios (one north of 63%) and only a few planning to return any of that capital to members, as well as a higher-than-usual number of credit unions with no succession plans citing both CEO and board member retirements and as reasons they must find a partner.
