NAFCU Calls for ‘Competitive Equality’ Between Traditional FIs, Fintechs in Letter to House 09/29/2020 07:48 pm ARLINGTON, Va.—Ahead of this week’s House Financial Services Committee’s Financial Technology Task Force hearing, NAFCU has repeated the association's call for “competitive equality” between traditional financial institutions and fintech companies.
Smith Joins Northwest Credit Union Association as VP of Strategic Partnerships and Resources 09/29/2020 06:39 pm TIGARD, Ore. — Cameron Smith, former Director of the Oregon Department of Consumer and Business Services, joins the Northwest Credit Union Association Nov. 9 as Vice President of Strategic Partnerships and Resources.
Registration Opens for Global Women’s Leadership Network’s Virtual Exec Readiness Summit 09/29/2020 07:47 pm MADISON, Wis.–Registration is now open for the 2020 Virtual Executive Readiness Summit being hosted by the Global Women’s Leadership Network.
European Commission Adopts New Digital Finance Package 09/29/2020 07:46 pm BRUSSELS, Belgium—The European Commission, executive branch of the European Union, has adopted a new Digital Finance Package that includes digital finance and retail payments strategies as well as legislative proposals on crypto-assets.
CO-OP Forum Coverage: What Filene Has Learned About Taking Advantage of Current ‘Structural Break’ 09/29/2020 07:51 pm MADISON, Wis.–In the six months since the coronavirus pandemic took hold in the United States, the Filene Research Institute has been conducting ongoing research on the long-term implications or short-term disruptions, and is now offering some early and conclusions from that work.
Here’s the September Forecast for Vehicle Sales, Plus Updated Forecast for 2020 09/29/2020 07:49 pm SANTA MONICA, Calif.– A new forecast sees 1,221,092 million vehicles being sold during September, down 12% from one year ago when adjusted for the same number of selling days.
Instant-Payment Volume To Surge Over Next 5 Years, Suggests Report; Says U.S. Falling Behind 09/29/2020 07:51 pm HAMPSHIRE, U.K.–A new study from Juniper Research has found the value of instant payments, where transactions are completed within 10 seconds, will reach $18 trillion in 2025, up from $3 trillion in 2020; a growth of over 500%.
NCUA Letter to Credit Union Offers Reminder on New FOM Rules Going into Effect 09/29/2020 07:50 pm ALEXANDRIA, Va.–NCUA is reminding credit unions of an upcoming date in which changed field of membership rules go into effect for federal credit unions, and urging them to recognize a new definition of a service area will be going into effect.
Corporate One to Host Series of Webinars on Payments 09/29/2020 07:48 pm COLUMBUS, Ohio—Corporate One Federal Credit Union said it will host a series of webinars aimed at helping credit unions deliver world-class faster payments solutions, as will educate credit unions on the importance of the industry’s momentous transition to real-time payments.
