NEW YORK–The number of ATMs in the U.S.—once a ubiquitous presence in the country—continues to shrink as fewer and fewer people use cash.
Fresh Today
OLYMPIA, Wash.–Nine new job openings have just been added to CUToday.info’s free job board, the Gig.
BASINGSTOKE, U.K.–The value of payments via CBDCs (central bank digital currencies) will reach $213 billion annually by 2030, up an astounding 260,000% from just $100 million in 2023, according to a new forecast.
NEW YORK—Credit unions might want to warn members about the growing risk of buying gift cards off a rack.
WINDERMERE, Fla.–Although a “harsh” 2022 was one of the most challenging years for the crypto industry, a new forecast is calling for “impressive user growth” and “significant increase of global crypto transaction value” in 2023.
WASHINGTON–During a Senate hearing here one Senator used a Q&A period to point out credit unions do not pay income taxes.
WASHINGTON —Following a tumultuous several weeks and uncertainty that remains ongoing, the chairman of the Federal Reserve and the Secretary of the Treasury are both calling for stronger oversight of banks, while backing away from talk about a big expansion of deposit insurance.
NEW YORK–Ahead of a Supreme Court case that challenges the CFPB’s funding, the U.S. Court of Appeals for the Second Circuit has ruled the Bureau’s independent funding through the Federal Reserve is constitutional.
ST. LOUIS–A new survey finds Americans saying inflation has had a bigger impact on their finances than COVID-19, although the pandemic has exacerbated inflation.
WASHINGTON— Support for FY2024 funding levels for several international credit union priorities, one of which includes dollars to support CUs in Ukraine, have been outlined in a CUNA letter to the respective members of the House and Senate Appropriations Subcommittees on State, Foreign Operations, and Related Programs.