LAS VEGAS–Credit union leaders may not be completely familiar with the concept of open banking and what it will mean, but one financial executive who has experience in the area believes it will go a long way toward resolving some issues that “suck” right now. But first, certain things will need to happen.
Fresh Today
LAS VEGAS–Goldman Sachs has had a mixed record in moving into retail banking, with its Marcus brand posting billion-dollar losses, while it has seen some success in partnering with Apple and American Airlines in different ways. During a meeting here one executive with the company offered a perspective on what the bank has learned and where it is headed.
NEW YORK–A Credit Union Capital Markets Symposium that will be hosted at the New York Stock Exchange by NCUA Board Member Rodney Hood is now just three weeks away.
ARLINGTON, Texas—Texas Trust Credit Union is reporting it has doubled its asset size in six years and now has hit the $2 billion threshold in assets.
ALEXANDRIA, Va.– NCUA has released its 2022 Annual Report, highlighting the agency’s activities, policy initiatives, and accomplishments for the past year.
WASHINGTON— The Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2022 are now available on the Federal Financial Institutions Examination Council’s (FFIEC) HMDA Platform for approximately 4,394 HMDA filers.
NEW ORLEANS–Hope Credit Union said it has partnered with the City of New Orleans, the Louisiana Agricultural Finance Authority (LAFA) and Canseco Properties to finance a newly constructed store in an underserved area here.
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) has launched what it said is an improved survey of credit card issuers and which is designed to help consumers and families compare interest rates and other features when shopping for a new credit card
DETROIT–Credit unions are facing a number of challenges around repossessing automobiles, but a patent filed by one major automaker offers a solution—a vehicle that repossess itself.
LONDON—The remittance market is heating up, and cross-border payments fintech Wise said it has introduced two offerings in the U.S. to go with its new branding.