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Screenshot 2025-10-30 160228

Bob Hartheimer

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iStock-1737305767

PALM DESERT, Calif.— REACH 2025 kicked off its second day of REACHtalks with a deep dive into the fast-shifting world of digital finance—and a shared message emerged: credit unions must evolve from simple automation to fully autonomous, agentic systems capable of thinking, learning, and defending against AI-driven fraud.

KANSAS CITY, Mo.—Federal Reserve Vice Chair for Supervision Michelle Bowman said bank regulators must move more aggressively to eliminate outdated and burdensome rules as part of the ongoing Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) review, telling industry participants the current process cannot result in “another underwhelming outcome.”

WASHINGTON—Homebuyer affordability improved in September, with the national median payment applied for by purchase applicants decreasing to $2,067 from $2,100 in September, according to the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index (PAPI).