BERLIN, Germany—After years of largely ignoring the cryptocurrency industry and considering it too speculative, too risky and too unregulated, Germany’s banks are beginning to change their position, according to a new report.
Fresh Today
ALEXANDRIA, Va.—Lending was up nearly 20% at credit unions in the first quarter of this year, with every asset category reporting loan growth, according to new data from NCUA, which also reveals what a difference a year makes, as interest expense was up by nearly 220% at CUs compared to one year earlier.
CHICAGO–Many consumers are in a “conundrum,” according to a new study from TransUnion, which found a majority are expecting an economic downturn even as they remain optimistic about their own finances.
PHILADELPHIA–How do Americans view the “seismic shift” taking place in banks as more large banks now offer small-dollar loan products and have made substantial changes to their overdraft and nonsufficient funds (NSF) fees policies? A new survey analysis by The Pew Charitable Trusts offers some answers.
WASHINGTON–The Securities and Exchange Commission has filed suit against Coinbase, the largest crypto trading platform in the United States, claiming the company broke the law by not registering as a broker.
HONOLULU, Hawaii–HawaiiUSA FCU has been hit with a potential class action lawsuit over a data breach earlier this year.
WASHINGTON—NAFCU and CUNA joined with several other trade groups in a letter to the Federal Communications Commission (FCC) in response to its proposal regarding robocalls and robotexts.
HARTFORD, Conn.—The Connecticut legislature has approved a bill making financial literacy education a requirement for all seniors graduating high school in 2027, a move that has earned the support of the Connecticut CU League.
PROVIDENCE , R.I.—Two Rhode Island credit unions are proposing to merge.
ALEXANDRIA, Va. –NCUA will host a webinar today titled, “Discovering MDIs: The Key to Building a Strong and Inclusive Financial System.”