CUNA Mutual AdvantEdge Partnering With Microsoft 03/29/2018 08:00 pm MADISON, Wis. –CUNA Mutual AdvantEdge Analytics announced it will work with Microsoft to develop the next generation data platform for the credit union industry.
HSBC Reports It Used AI to Successfully Predict Redemptions On Card Loyalty Program 03/22/2018 07:40 pm ST. LOUIS–HSBC Bank has used artificial intelligence to successfully predict the redemption of loyalty program rewards associated with its new suite of credit cards.
In Country with Few Credit Cards, Google Makes a Play 03/29/2018 08:00 pm NAIROBI, Kenya—Google has integrated Kenya’s primary mobile payment service M-Pesa into its Google Play store as an alternative mode of payment—assisting African consumers without credit cards.
A Strong Q4 Just Got Stronger As Numbers Are Revised 03/29/2018 08:00 pm WASHINGTON—Higher estimates for consumer spending led the Commerce Department to revise fourth quarter economic growth upward to 2.9%.
Here’s What’s Happening in China, Japan With Payments 03/22/2018 07:40 pm BEIJING, China—Asia’s two biggest economies are tackling various aspects of payments.
CFPB Issues Report On Efforts To Fight Illegal Debt Collection 03/22/2018 07:41 pm WASHINGTON—The Consumer Financial Protection Bureau has issued a report on the 2017 activities of the Bureau and the Federal Trade Commission (FTC) to combat illegal debt collection practices.
Two Illinois Credit Unions Announce Merger Plans 03/29/2018 08:00 pm CHAMPAIGN, Ill.–Two Illinois CUs are merging. Members of Carle Employees FCU have voted to merge with the University of Illinois Community Credit Union.
NCUA Urged To Extend 18-Month Exam Cycle To All Credit Unions 03/29/2018 08:00 pm ALEXANDRIA, Va.—NCUA is being urged to extend the 18-month examination cycle to low-risk, well-run credit unions greater than $1 billion in assets.
CFPB Seeking Feedback On Its Guidance And Implementation Support 03/29/2018 08:04 pm WASHINGTON—The CFPB has issued a Request for Information (RFI) on the Bureau’s guidance and implementation support.
Auditors Find Records-Management Shortcomings At NCUA 03/29/2018 08:04 pm ALEXANDRIA, Va.—Following an audit it conducted, NCUA’s Office of Inspector General (OIG) has determined that the agency lacks a comprehensive records management program. The audit’s scope ranged from 2012 through 2016.
