NAPERVILLE, Ill.–Alloya Corporate FCU said it has acquired the Olympia, Wash.-based QCash Financial, a CUSO of Washington State Employees CU that provides a platform for making small-dollar loans in under 30 seconds.
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BISMARCK, N.D.–An effort to modernize field of membership statues in North Dakota, described as some of the most restrictive in the country for state charters, has failed in the state’s House of Representatives.
ST. PAUL, Minn.–The Minnesota Credit Union Network has named a new president/CEO to succeed the retiring Mark Cummins. The organization has named Mara Humphrey as the organization’s next president/CEO. Humphrey is currently chief advocacy and engagement officer.
GERMANTOWN, Md.–SkyPoint FCU said it is rolling out its new business banking services in three phases.
MADISON, Wis.–Filene has announced plans to host a webinar on “Credit Union Innovation Success Study: Get Ready for Year 2.” The webinar will be held May 4 from 12-1 p.m. ET.
LOS ANGELES – The Department of Justice has seized virtual currency worth an estimated $112 million linked to cryptocurrency investment scams commonly called “pig butchering.”
HONG KONG—As the focus on cryptocurrency in Hong Kong begins to increase, investors here are launching a $100-million fund to finance the digital industry.
DALLAS—MoneyGram received the "Best Use of Blockchain in FinTech" honor at the recent 2023 FinTech Breakthrough Awards.
WASHINGTON–New Consumer Price Index numbers show inflation slowed notably in March, reflecting the slowest increase in two years.
NEW YORK–Credit union membership in the federal home loan banks has grown substantially, especially during this century, and the presidents of two FHLBs shared their observations on how the banks are evolving, what credit unions get from membership, and what the hectic days after the recent failures of two banks were like.