One-in-Five Young Adults Has a Credit File Currently in Collections 01/03/2023 07:37 pm WASHINGTON—One in five adults between 18 and 24 with a credit file in the U.S. currently have debt in collections, a new report shows.
AACUC To Host Webinar on ‘Committing to Self and the Organization’ 01/03/2023 07:33 pm SNELLVILLE, Ga.–The African-American Credit Union Coalition will host a webinar titled, “Committing to Self and the Organization” on Jan. 20 from 1-2 p.m. The webinar is part of AACUC’s “Commitment to Change Conversation” series.
How New Tech Answers Questions About CUs 01/03/2023 08:39 pm SAN FRANCISCO–How does the most sophisticated chatbot created to date describe credit unions? How does it explain the differences from banks? Could it express those differences as if written about in the style of a Harlequin romance? How does it respond to the delicate issue of the best way to get a long-time board member to retire? CUToday.info has asked the chatbot those questions and more and put it to the test.
Maybe I Wrote This & Maybe I Didn't 01/03/2023 09:02 pm I can tell you how chatbots are being used by credit unions and how they may continue to evolve in the future.
Three Major Credit Bureaus Doing Better Job at Responding to Consumer Complaints, But Still Room for Improvements, Says CFPB 01/03/2023 07:38 pm WASHINGTON–The three major credit bureaus have changed how they respond to consumer complaints and are more frequently providing “tailored responses,” according to a new annual report from the CFPB that also offers recommendations for more improvements.
New Year, New Expectations: Lowest Average Annual Pay Workers Say They Are Willing to Accept is Now $73k, Fed Study Finds 01/03/2023 07:44 pm NEW YORK– The lowest average annual pay that workers were willing to accept from a new employer is $73,667, according to a new survey by the New York Federal Reserve Bank.
Loans Up Again in October, as LTS Ratio Passes 80%, New CUNA Data Show 01/03/2023 07:39 pm WASHINGTON—Credit union loans outstanding increased 1.4% in October 2022, according to CUNA's latest Monthly Credit Union Estimates. This is compared to a 2.0% increase in September 2022, and a 1% increase in October 2021, according to the trade association.
New Data Reveal Just How Much Fintech Market has Grown Globally 01/03/2023 09:00 pm DUBLIN, Ireland—The global fintech market size reached $131.14 billion in 2021, according to a new report.
