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SANTA BARBARA, Calif.–MoveCU Inc., which describes itself as a credit union fintech, said it generated 330 direct auto loan approvals for Market USA FCU within the first 45 days of their partnership. 

MADISON, Wis.–It’s the question CUNA Mutual Group reports it has been getting from credit unions more than any other—what do we need to do to re-open our branches? It’s a complex question, but as one company expert reminded, in the race to open branches, it’s not a race a credit union has to win.

ST. PETERSBURG, Fla.–Although down from a year ago, overall card spending by consumers has now increased over the prior week for four consecutive weeks, while debit spend is also up, according to the latest spending data released by PSCU.

ARLINGTON, Va. – The National Association of State Credit Union Supervisors (NASCUS) has sent a comment letter to the Small Business Administration regarding the Interim Final Rule (IFR) implementing the Paycheck Protection Program (PPP).

WASHINGTON–While Treasury and SBA have released a loan forgiveness application form for the CARES Act’s Paycheck Protection Program (PPP), the document and related instructions leave a number of outstanding issues unaddressed and, more importantly, still do not provide enough flexibility for those who receive funds, according to the American Institute of CPAs.

BROOKFIELD, Wis.–Fiserv has announced it will temporarily increase PINless transaction approval limits from $50 to $100 for eligible transactions on several of its networks, including the STAR debit payments network and the Accel debit payments network.

WASHINGTON—The Small Business Administration (SBA) has released an application for Paycheck Protection Program (PPP) loan forgiveness and instructions for borrowers.  But the agency has not released additional guidance for lenders on the loan forgiveness process.