16 Irish CUs Partnering on Backoffice Collaboration 07/14/2019 05:55 pm KERRY, Ireland–The financial services company Fexco and 16 of Ireland’s largest credit unions have embarked on a €10 million collaboration.
…Head of BIS Predicts Digital Currencies to Arrive Earlier Than Expected 07/14/2019 05:55 pm BASEL, Switzerland—The head of the Bank for International Settlements is predicting central banks' digital currencies (CBDC) may become a reality more quickly than many expect.
Labor Group Calling on Communities to Boycott CU 07/18/2019 07:45 pm VANCOUVER, B.C.—The biggest labor group in British Columbia is calling on people to boycott a credit union here as long as its employees remain on strike.As CUToday.info reported here,
Task Force Created by G7 Countries to Examine Regulation of Cryptocurrencies As… 07/14/2019 05:57 pm LONDON—A G7 taskforce is being created to examine how central banks can regulate cryptocurrencies such as Facebook’s Libra, a new report indicates.
Webinar to Discuss Mergers as Part of Strategic Plan 07/14/2019 05:57 pm ARLINGTON, Va.—NAFCU is offering a webinar Tuesday to help credit unions determine whether a merger should be part of their strategic growth plans.
Here’s What Latest Fed Beige Book Shows for District Performance 07/18/2019 07:46 pm WASHINGTON—While economic activity was little changed from the previous reporting period, all but two Federal Reserve districts reported increased loan demand and growth in financing activity from mid-May through early July according to the latest Fed Beige Book data.
New Exec Director of Faster Payments Council to Address Catalyst’s Economic & Payments Forum 07/16/2019 09:00 pm PLANO, Texas–The newly hired executive director of the Faster Payments Council, Kim Ford, has been added as a featured panelist during a breakfast “listening” meeting during Catalyst Corporate’s 2019 Economic & Payments Forum in October.
1 Person’s Need for Sleep Leads to Another Serving on NCUA Board 07/18/2019 07:52 pm ALEXANDRIA, Va.–Were it not for one person’s need for some sleep and to get married, another person wouldn’t be serving on the NCUA board right now.
CFPB Finds 1-in-4 With At Least One Debt in Collection 07/18/2019 07:52 pm WASHINGTON– The Consumer Financial Protection Bureau has released a report that found that more than one-in-four consumers with a credit report have at least one debt in collection by third-party debt collector.
YMCA’s Lobby Named for American 1 Following $600K Donation 07/14/2019 05:57 pm JACKSON, Mich.–American 1 Credit Union here has donated $600,000 to the Jackson YMCA as part of a new partnership.