B2B Cross-Border Payments Projected to Soar in Just 2 Years 02/08/2023 07:36 pm HAMPSHIRE, U.K.–A new study from Juniper Research is predicting the global spend on B2B cross-border payments will exceed $40 trillion by the end of 2024, up from $37 trillion in 2022.
Litigation Continues Around the Tech Behind Remote Deposit Capture 02/08/2023 07:28 pm WASHINGTON—Litigation surrounding remote deposit capture (RDC) technology continues, with the U.S. Patent Office’s Patent Trial and Appeal Board recently invalidating three of USAA’s patents related to mobile check deposit.
Suncoast CU Continues Its Expansion into Orlando Market 02/08/2023 07:31 pm TAMPA, Fla.— Suncoast Credit Union, which at $16.2 billion in assets is the largest CU in Florida, said it is expanding into Central Florida with three new service centers scheduled to open in the Orlando market later this year.
State Department FCU CEO Jan Roche Announces Retirement Plans 02/08/2023 07:30 pm ALEXANDRIA, Va.–Jan Roche, president and CEO of State Department FCU, has announced plans to retire this summer. A search has been launched for a successor.
Looking to Enroll in Ginnie Mae 101? Here’s a Webinar For You 02/08/2023 07:28 pm ALEXANDRIA, Va.–NCUA said it will partner with the Government National Mortgage Association to co-host a Feb. 22 webinar, “Ginnie Mae 101.”
Why the 'Good Guys' Must Pay Attention 02/12/2023 06:47 pm LAKE FOREST, Ill.—President Biden’s State of the Union Address last week should be a wake-up call for credit unions that are not yet addressing overdraft charges and overall fee structures, according to one expert who believes credit unions’ white hats could be on the line.
By 1-Vote Margin, North Dakota Senate Passes FOM Bill in State With Strict Limits on Membership 02/12/2023 06:46 pm BISMARCK, N.D.–The North Dakota Senate has by a narrow margin passed a field of membership modernization bill that had the support of credit unions. The Dakota CU Association has described the current limits on FOM in North Dakota as some of the strictest in the country.
8 Young CU Leaders, 4 Continents, 2 Meetings to Choose From: Here’s Who Won WYCUP Scholarships 02/12/2023 06:49 pm MADISON, Wis.—Eight young credit union professionals from four different continents have each received a World Young Credit Union Professionals’ (WYCUP) Scholarship, which includes an all-expense paid trip to credit union events in either Brazil or Canada.
Consumers List Top Areas Where Inflation is Being Felt Most, Affecting Decision-Making 02/12/2023 06:49 pm WASHINGTON—Not surprisingly, the high prices for gas, food, and medical care are key concerns for consumers, according to a new survey from Fannie Mae reveals.
Community Bankers Express Concerns Around Fed’s Proposals Around Climate Change 02/12/2023 06:47 pm WASHINGTON–The Independent Community Bankers of America is expressing concerns over the effects the Federal Reserve Board’s proposals around climate risk will have on banks of less than $100 billion in assets, and especially on community banks.
