The Key (West) Message: Hood Tells CFOs CUs in Good Shape, But ‘Warning Signs’ Must be Watched 05/15/2022 03:13 pm KEY WEST, Fla.–NCUA Board Member Rodney Hood told credit union CFOs gathered here the industry has emerged from the pandemic in strong shape, but there are “warning signs” he wants everyone to heed.
Check Loan Engine Light: Consumer Groups Say Financing at Auto Repair Shops is ‘Predatory’ 05/15/2022 03:11 pm WASHINGTON–Credit unions across the country may wish to warn their members over potentially problematic financing being offered by auto repair shops, according to a new report.
Big Banks Feeling More Shareholder Pressure Over Support for Fossil Fuels 05/15/2022 03:10 pm NEW YORK–The nation’s big money center banks are feeling more pressure to stop supporting fossil fuels.
Value of Digital Wallets to Exceed $12 Trillion by 2026, New Study Forecasts 05/15/2022 03:09 pm HAMPSHIRE, U.K.– The value of digital wallets transactions will exceed $12 trillion in 2026, from $7.5 trillion in 2022, according to a new study from Juniper Research.
NCUA Exec Updates Congress on Agency's Plans to Use AI, Other Tech in Exams; Repeats Call for Third-Party Oversight Authority 05/15/2022 03:19 pm WASHINGTON–NCUA’s director of its Office of Examination and Insurance shared with Congress how the agency is using and plans to use artificial intelligence, while also again calling for NCUA to be given third-party vendor oversight authority.
Verve, a Credit Union, Partners With Local Police on ‘Fraud Squad’ 05/15/2022 03:21 pm OSHKOSH, Wis. – Verve, a Credit Union, said it has partnered with a number of local police departments to form the “Fraud Squad.”
Where There is Smoke There Needs to be Some Fire, Senators Say 05/15/2022 03:14 pm WASHINGTON—A group of Senators, led by Jeff Merkley (D-OR) and Jacky Rosen (D-NV) have joined together in a letter to congressional leaders calling for the inclusion of the Secure and Fair Enforcement (SAFE) Banking Act in the America COMPETES Act of 2022.
CURevl Partnering With ChangEd to Help Student Loan Debt Payoffs 05/15/2022 03:14 pm GALVESTON, Texas—CURevl is partnering with ChangEd, a CUSO that helps students pay off student loan debt.
