REACH 2020 Coverage: How to Pivot When the Runway Is No Longer There 10/28/2020 07:44 pm ONTARIO, Calif.–A company founded to serve women looking to dress more fashionably and attractively both in professional and personal environments–and then watched as the pandemic reduced the premium on appearance—offered some advice to credit unions on how to pivot quickly.
Filene Launches Center of Excellence for Community Social Impact 10/28/2020 07:44 pm MADISON, Wis. – The Filene Research Institute has launched its Center of Excellence for Community Social Impact, with Dr. Mai Nguyen leading the initiative as the new research fellow.
CUNA, NAFCU Express Concerns Around CARD Act, Offer Recommendations for Changes 10/28/2020 07:46 pm WASHINGTON—CUNA and NAFCU are both expressing concerns with the CFPB’s review of the Credit Card Accountability Responsibility and Disclosure (CARD) Act and offering recommendations for where they would like to see changes.
Consumers are Spending Money, But Most Aren’t Taking on New Debt, Q3 Data Indicate 10/28/2020 07:45 pm NEW YORK–Consumers have been spending money as if the coronavirus recession is over, but they are also paying down old debts and avoiding new ones in case the pandemic lasts a while, according to one new analysis.
NCUA Approves Proposed Interagency Rule On Role Of Supervisory Guidance 10/28/2020 07:47 pm ALEXANDRIA, Va.—During a special open board meeting, the NCUA board voted 3-0 to approve a proposed interagency rule on the role of supervisory guidance.
Following Scandal, Sweden Intro’s New AML System That Seeks to Guard Privacy 10/28/2020 08:04 pm STOCKHOLM, Sweden—Lenders in a country at the center of one of Europe’s largest dirty-cash scandals are testing a new anti-money-laundering system that doesn’t interfere with banking privacy.