‘How to Succeed in the Credit Card Business’ Paper Released by CO-OP 07/25/2019 07:54 pm RANCHO CUCAMONGA, Calif. – Noting more than half of all credit cardholders use their card every day, CO-OP Financial Services has issued a new white paper, “How to Succeed in the Credit Card Business: A Blueprint for Credit Unions.”
Survey of Financial Execs Finds Value in Having Ethics Officers 07/22/2019 07:52 pm CHICAGO –A new survey of more than 450 financial services executives has found value in having someone responsible for ethics within an organization.
Robocall Legislation Now Moves on to Senate 07/25/2019 07:55 pm WASHINGTON—Will Congress ever pass legislation to deal with robocalls? It’s now on to the Senate with one significant piece of legislation after the House of Representatives has passed the Stopping Bad Robocalls Act (H.R. 3375) by a vote of 429-3.
Coast Capital Partnering With Lender to Accelerate Online Commercial Loans 07/22/2019 07:52 pm SURREY, B.C.–Coast Capital Savings Credit Union here said it has formed a partnership with OnDeck Canada, a provider of commercial lending, to “accelerate online lending” to its small business members.
CUNA Says Voice Service Providers Shouldn’t Block ‘Unsigned’ Calls 07/25/2019 07:55 pm WASHINGTON—CUNA is saying it believes the Federal Communications Commission (FCC) should direct voice service providers to refrain from blocking “unsigned” calls under the SHAKEN/STIR framework until the framework has been fully implemented.
Applications Now Being Accepted for Excellence in Lending Awards 07/25/2019 07:55 pm MADISON, Wis.--Applications are now being accepted for the CUNA Excellence in Lending Council Awards, which recognize outstanding credit union lending results and best practices, CUNA Mutual said.
Fintechs Need to Comply With Consumer Protections, NAFCU Tells Committee 07/25/2019 07:56 pm WASHINGTON—Members of the House Financial Services Committee Task Force on Financial Technology are being urged to "ensure that when fintechs compete with financial institutions, they do so on a level playing field where smart regulations and consumer protections apply to all actors."
New Analysis of Private Student Loans Finds Some ‘Wide’ Disparities 07/22/2019 07:52 pm HOBOKEN, N.J.–A new analysis offers updated insights on debt held by private student loan borrowers, including the discovery of “wide financial disparity between those who apply and those who get approved.”
CU Cards Saw Big Spike During Amazon Prime Days, Reports PSCU 07/25/2019 07:58 pm ST. PETERSBURG, Fla.–Credit unions saw a significant spike in card volume during the recent Amazon Prime Day sale.
Report Finds Costs of Data Breaches is Rising, Plus Other New Findings 07/25/2019 07:59 pm CAMBRIDGE, Mass.—A new report indicates the cost of a data breach has risen 12% over the past five years and now costs $3.92 million on average.
