Not a Secret Any Longer: Report Says BSA Isn’t Having Much Effect 11/06/2018 08:07 pm WASHINGTON—A new report from the U.S. Treasury indicates that the IRS’ Bank Secrecy Act program has had minimal impact on compliance.
First Player In Fintech Sandbox Is Named 11/06/2018 08:07 pm PHOENIX—The Arizona Attorney General’s Office has accepted Sweetbridge as one of the first three projects to be part of its new Financial Technology Sandbox.
Used Car Values Will Resume Decline, Forecast Predicts 11/06/2018 08:07 pm LAWRENCEVILLE, Ga.—Don’t expect the recent trend of used vehicle values holding steady or actually increasing to continue, says Black Book.
Digital Transformation ‘Largely A Myth’ And Will Come Back To Haunt, Says Report 11/06/2018 08:13 pm STAMFORD, Conn.—Traditional financial institutions and insurance companies are facing extinction in the next decade due to increased digitization in the financial services sector, asserts a new forecast reveals.
NCUSIF Pays Out Nearly $750 Million To Cover Q3 Losses 11/15/2018 11:13 am ALEXANDRIA, Va.–The National Credit Union Share Insurance Fund paid out nearly three-quarters of a billion dollars during the third quarter to cover losses related to failed credit unions.
NCUA Approves 2019-2020 Budgets 11/15/2018 11:28 am ALEXANDRIA, Va.–The NCUA board has voted 2-0 in favor of its proposed 2019-2020 budgets.
SECU Providing FAFSA Assistance 11/06/2018 09:27 pm RALEIGH, N.C.––SECU members who are new to the Free Application for Federal Student Aid (FAFSA) process or returning college students who need to complete the financial aid form are being offered help by their credit union.
PSCU Opens Registration for Its Member Forum 2019 11/06/2018 09:27 pm ST. PETERBURG, Fla.–PSCU has opened registration for its Member Forum 2019 is now open to Owner credit unions. The CUSO’s annual meeting will be held April 2-4, 2019, at the JW Marriott in Austin, Texas.
Los Angeles FCU Opens New Branch; Supports the Homeless 11/15/2018 12:00 pm VAN NUYS, Calif.– Los Angeles FCU has relocated a new branch, while its staff has helped to feed people at a homeless shelter, while providing other support, as well.
Report: ‘You Can’t Simply Digitally Enable Your Business as Usual and Expect to be Successful’ 11/06/2018 09:27 pm NEW YORK/LONDON/HONG KONG–It isn’t just credit unions warily watching emerging competition from fintechs and other players.