Zelenskyy Signs Amendments To Help Ukraine CUs Raise Funds In Foreign Currencies 11/26/2024 06:34 pm KYIV, Ukraine— President Volodymyr Zelenskyy has signed new amendments to Ukraine’s Law on Credit Unions that eliminate the need for CUs to obtain a separate license to provide payment services and allow united credit unions to raise funds in foreign currencies.
Financial Institutions Can Save Billions On Compliance Costs By Using AI To Prevent Money Laundering 11/26/2024 06:34 pm NEW YORK—Global economies can save $3.13 trillion by using AI to detect and prevent money laundering and terrorist financing, which costs trillions of dollars annually, a new study shows.
Families Spending More For Thanksgiving Dinner 11/26/2024 06:50 pm PLANO, Texas—As Thanksgiving arrives, U.S. households are paying a little more for their holiday dinner, thanks to stubborn inflation.
Consumers Ready To Max Out Plastic Soon 11/26/2024 06:39 pm NEW YORK— Half of U.S. credit card holders will open a new card or max out cards for holiday spending, a new study shows.
Two More Credit Unions Add BNPL To Their Offerings 11/26/2024 06:35 pm CHANDLER, Ariz.—The $750-million First Credit Union here has added buy now, pay later to its online banking products.
Credit Union Loans Outstanding Decline In September 11/26/2024 06:35 pm WASHINGTON—Credit union loans outstanding declined 0.4% in September, equaling declines in August 2024 (-0.4%) and September 2023 (-0.4%), according to America’s Credit Unions’ latest Monthly Credit Union Estimates.
