WASHINGTON—A bill has been introduced by a bipartisan group of senators that would require the Treasury Secretary or their designee to testify about Community Development Financial Institutions (CDFI) Fund before both the House Financial Services Committee and the Senate Banking Committee annually.
ONTARIO, Calif.–One of the most influential leaders in U.S. credit union history has died.
MERIDEN, Conn.—With credit unions in attendance at the signing ceremony, Connecticut Gov. Ned Lamont has signed into law a bill making financial literacy education a requirement for all Connecticut seniors graduating high school in 2027.
WASHINGTON—The U.S. Senate is taking another shot at regulating the crypto industry with a new bill that would place stringent anti-money laundering (AML) requirements on decentralized finance (DeFi) protocols.
WASHINGTON–The Federal Trade Commission and more than 100 federal and state law enforcement partners nationwide, including the attorneys general from all 50 states and the District of Columbia, have announced a new crackdown on illegal telemarketing calls.
BROOKFIELD, Wis.— A new study has found that increasingly cost-conscious consumers are driving demand for omnichannel experiences, retailer apps, and embedded finance offerings that add value “without incremental expense.”
HARRISBURG, Penn./HAMILTON, N.J.–During its Evoke Virtual Marketing conference, the CrossState Credit Union Association has named its MIC marketing award winners from its member credit unions in New Jersey and Pennsylvania.
CLAREMONT, Calif.–Eight-two people have graduated as part of the “Upsilon” class of Western CUNA Management School (WCMS).
NEW YORK—Buy now, pay later provider Affirm said it will divest its Returnly unit, a returns payment platform it acquired two years ago.
ARLINGTON, Va.— A new report suggests more consumers are turning to fintech apps rather than financial advisors to manage their money, and that the trend will only increase as artificial intelligence becomes more mainstream.
