Majority of Sponsor Banks Report Challenges in Meeting Embedded Finance Compliance Requirements 09/03/2024 07:33 pm NEW YORK—A new study has found 80% of U.S.-based sponsor banks are reportedly facing challenges in meeting embedded finance compliance requirements.
HawaiiUSA FCU Selects Velera for Debit, Credit Card Processing and Support 09/03/2024 07:33 pm HONOLULU–HawaiiUSA FCU has selected Velera to provide it with debit card processing services, alongside continued credit card processing support.
ACU Looks to Strike 'Delicate Balance' 09/03/2024 08:15 pm DES MOINES, Iowa—One credit union that has received a national award for performance contends the success and honors are about much more than just financial data.
REV FCU Reaches Out of State to Buy First Neighborhood Bank 09/03/2024 07:40 pm CHARLESTON, S.C.—The $1.1-billion REV Federal Credit Union here is reaching outside its state’s borders to purchase $152-million First Neighborhood Bank, based in Spencer, W.Va.
PARC Street Group Launches PARC Compensation Consulting 09/04/2024 09:33 am SYOSSET, N.Y.–PARC Street Group said it is launching PARC Compensation Consulting, which it described as a signal of a significant expansion of its solutions.
PenFed CU Sells $447.4 Million in Prime Auto Loan Securitization 09/03/2024 07:39 pm TYSONS, Va.– PenFed Credit Union is reporting it has closed on its second prime auto loan securitization in a $447.4 million transaction that involved fixed-rate, amortizing asset-backed notes backed by prime auto loans.
