Advanced search

WASHINGTON–NAFCU has told the Government National Mortgage Association (Ginnie Mae) it “cannot agree” with a proposal that would “arbitrarily” impose a blanket risk-based capital proposal on credit unions, while additionally raising other objections, as well.

WASHINGTON–The nation’s banking industry must more aggressively push back against credit union acquisitions of banks, which are not just bad for America but even for credit unions themselves, according to the president of the American Bankers Association.

WASHINGTON–Senators Cory Booker (D-NJ) and Elizabeth Warren (D-MA) have reintroduced legislation that seeks to crack down on what they allege are exploitative overdraft fees.

SAN FRANCISCO–The fintech Plaid has reached a $58 million settlement in a class-action lawsuit that alleged privacy allegations against the company. Plaid admitted no wrongdoing in the settlement, but agreed to a number of terms on how it informs consumers on the data it collects.

PORTLAND, Ore.–A number of credit unions here are partnering on an engagement initiative with the National Credit Union Federation of Korea (NACUFOK) through the Worldwide Foundation’s Global Bridges program.

SYDNEY, Australia—In an effort to take cryptocurrency more mainstream, EML Payments and CoinJar, Australia’s longest-running cryptocurrency exchange, have introduced the CoinJar Card.
According to the organizations, collaboration will make it simple for cardholders to pay using cryptocurrency via a digital or physical card wherever Mastercard is accepted.

PLANO, Texas—SWBC will host a webinar today on how to best optimize a borrower’s user experience in order to build a successful payments program.

OSHKOSH, Wis.  – Verve, a Credit Union, has been named to the Spring 2021 National Best and Brightest Companies to Work For list.

TUCSON, Ariz.— Vantage West has hired Rob Hoyle as Chief Information Officer (CIO).