Driving Card Transactions During Pandemic 01/13/2021 07:40 pm RANCHO-CUCAMONGA, Calif.—Credit unions have a big opportunity now to partner with small businesses to drive card transactions, according to CO-OP Financial Services, which says the move also bolsters community ties and business services opportunities.
Registration Opens for Spring Training for Development Education Program 01/13/2021 07:41 pm WASHINGTON–Registration is now open for the Spring 2021 training sessions for the National Credit Union Foundation’s Development Education (DE) program.
PayPal Ventures Makes Investment in Cryptocurrency Tax Software Company 01/13/2021 07:41 pm SAN JOSE, Calif.—PayPal Ventures has invested in cryptocurrency tax software TaxBit.
A (Very) Old Theme For a New National CU Youth Month 01/13/2021 07:41 pm MADISON, Wis.–CUNA has announced the theme for 2021’s National Credit Union Youth Month: “Be a Credit Union Saver and Your Savings Will Never Go Extinct.” Fittingly, given the theme, graphics feature dinosaurs.
Fed’s Looking Into Sales Practices at American Express 01/13/2021 07:40 pm NEW YORK—Federal investigators are probing business card sales practices at American Express.
Proposal Aimed At Simplifying Risk-Based Capital Requirement Put Out for Comment 01/14/2021 02:49 pm ALEXANDRIA, Va.–The NCUA board has voted to put out for 60-day comment a proposal that offers two suggested approaches to simplify the risk-based capital requirement, one of which borrows from a model in place for community banks.
NCUA Proposes To Expand CUSO Lending Authorities 01/14/2021 02:39 pm ALEXANDRIA, Va.–The NCUA board has voted 2-1 to put out for 30-day comment a proposal that would expand the lending authorities of CUSOs.
CAMEL To Become CAMELS 01/14/2021 02:51 pm ALEXANDRIA, Va.–NCUA is proposing to turn its CAMEL rating system into a “CAMELS” rating system, with the new “S” representing sensitivity to market risk, and specifically, interest rate risk.
