WASHINGTON—The Transparency in CFPB Cost-Benefit Analysis Act, which would require the Consumer Financial Protection Bureau to conduct a cost-benefit analysis and other procedures as part of any rulemaking activity, has been re-introduced by Sen. John Kennedy (R-LA).
NEW YORK – Inclusiv has announced a “significant expansion” of its Financial Inclusion & Community Development Financial Institution (CDFI) Data Analytics Platform following a $1 million grant from CUNA Mutual Group.
WASHINGTON–Changes to late fees on credit cards as proposed by the CFPB could end up penalizing “responsible” consumers, according to several market analysts.
MALVERNE, Penn.–Jay Mossman, CEO of the CUSO AKUVO, is challenging other CUSOs to help raise $100,000 to help Ukrainian refugees.
MINOT, N.D.– Two credit unions have named new CEOs.
WICHITA, Kan.— Juniper Payments, a cloud-based, non-bank third-party provider of inter-bank transaction and reporting systems in the U.S. and a unit of PSCU, said it is partnering with Millennium Corporate Credit Union to offer integrated payments solution to credit unions nationally.
ALEXANDRIA, Va.–NCUA will host a webinar today to explain its Simplified CECL Tool, which the agency said was created to help small credit unions implement the Current Expected Credit Losses accounting standard
SNELLVILLE, Ga.–With its annual meeting scheduled to be held virtually on August 4, the African-American Credit Union Coalition (AACUC) said it is now seeking qualified candidates from the general membership to serve on its board.
NEW YORK—The upshifting to digital-based auto financing among dealers and lenders continues, growing by more than 10% in Q1 2023 over Q1 2022, a new report shows.
ENDWELL, N.Y.–Visions Federal Credit Union is reporting it has reached a philanthropic milestone—it has made $10 million in philanthropic donations to community organizations since 2013.
