SRCUS Recognizes ‘Outstanding’ White Papers on Voice Banking Technologies, Employee Engagement 07/12/2021 07:42 pm ATHENS, Ga.–The Southeast Regional Credit Union Schools (SRCUS) is reporting two student groups have been recognized for outstanding white papers during the 2021 session of the Southeast CUNA Management School.
Merchants Payments Group Wants Biden’s Executive Order Applied to ‘Lack of Competition’ in Payments 07/12/2021 07:42 pm WASHINGTON– The Merchants Payments Coalition is saying it welcomes a new executive order from President Biden and wants to see it applied to address what it said is a “lack of competition” in the payments market.
As Borrowing Surges, ‘Millions of Americans’ Are About to Discover Credit Report Errors, Says Group 07/12/2021 07:44 pm WASHINGTON–A relatively new trade group for consumer credit professionals is saying that while it’s good news consumer borrowing is surging, the bad news is “millions of Americans” are going to discover errors in their credit reports and are going to be denied access to credit.
Eyes on Fed Chair Powell This Week And What He Might Say About Inflation 07/12/2021 07:44 pm WASHINGTON–Credit unions and other market-watchers will be paying attention to congressional testimony by Federal Reserve Chairman Jay Powell this week to see whether he departs in any way from his previously stated views on inflation.
First Tech FCU Sponsoring Non-Fungible Token Fundraiser 07/12/2021 07:40 pm PORTLAND, Ore. – Credit unions are getting into the nascent field of non-fungible tokens (NFTs).
Colorado Enacts Bill Allowing Surcharge for Using a Card for Payment 07/12/2021 07:40 pm DENVER –Colorado’s governor has signed into law a bill that will allow merchants to impose a surcharge for people who use a credit card to pay for sale or lease.
Sixth-Grader to Lead Discussion With CUNA Mutual CEO During ‘Collision’ Today 07/12/2021 07:41 pm BOULDER CITY, Nev.–A new Underground Collision meeting themed “We are the World” will be held today and will feature, in part, a Q&A with CUNA Mutual’s CEO hosted by a sixth grader.
Here Are Congressional Hearings to Watch This Week (Including One for Former CUNA Exec) 07/12/2021 07:44 pm WASHINGTON–Both the House and the Senate are in session this week. The House no legislative business on the agenda and will instead be in a committee work week, while the Senate will consider several executive branch nominations, including one involving a former CUNA exec.
CO-OP Forecasts Cards ‘On the Cusp of a Run' 07/12/2021 08:04 pm RANCHO CUCAMONGA, Calif.–Credit unions are being urged to prepare now for “strong payment portfolio growth,” with one person saying spending on credit cards is “on the cusp of a run.”
Biden’s Executive Order Calls for Action on Financial Mergers, Ability of Consumers to Switch FIs 07/12/2021 07:49 pm WASHINGTON–President Biden’s recent sweeping executive order aimed at increasing competition includes a number of provisions related to financial services.