WASHINGTON–Nine large auto lenders have been issued orders by the CFPB to provide information about their auto lending portfolios as part of a pilot program for collecting auto lending data.
Fresh Today
WASHINGTON–In a case that will have the close attention of credit unions and other financial institutions, the Supreme Court has announced it will hear a lawsuit challenging the funding mechanism of the Consumer Financial Protection Bureau (CFPB).
WASHINGTON–Ukraine’s ambassador to the United States appeared before credit unions here, pledging the country’s determined resolve in the war being waged by Russia, thanking credit unions in the United States and around the globe for their donations, and asking for more help.
WASHINGTON–One year after the Russian invasion of Ukraine, credit unions gathered here were offered an update on credit union efforts to help the country and its refugees.
WASHINGTON—How does members’ economic instability affect credit union growth? How would ChatGPT answer that question? And how big an issue is liquidity going to be for all CUs? Four leaders from within the credit union community have offered some interesting insights on those questions and others.
WASHINGTON–Any credit union leader who previously downplayed the “vulnerabilities” represented by technology is likely no longer playing down those threats, after one panel of experts here shared their experiences, warnings and views.
WASHINGTON–A year ago a group of people seeking to build the first credit union training facility in Africa faced a mountain to climb when it came to completing the project, especially with fundraising. A year later, they have climbed the mountain—literally.
NEW YORK–A reporter for Vice.com said he was able to fool the voice authentication system designed to provide security on his bank account by using an AI-generated voice.
WASHINGTON—Consumers reported losing nearly $8.8 billion to fraud in 2022, an increase of more than 30% over the previous year, according to newly released Federal Trade Commission data.
OCALA, Fla.–Ocala Community Credit Union has moved to eliminate its return item fee, becoming the latest credit union to make the move.