China’s Ant Financial Moving Into International Remittances; Seeking To Get To Zero Cost 07/04/2018 06:14 pm HANGZHOU, China—Ant Financial Services has taken a strong step toward pushing its way into the international remittances business by lowering the cost of sending money using a blockchain-based platform.
Competition In Cash-Back Rewards Is Expanding 07/04/2018 06:15 pm NEW YORK—A new report indicates that the cash-back war is heating up, extending beyond credit cards—giving CU card portfolio managers more to think about.
FATF Plans to Introduce New Rules Around Cryptocurrency Exchanges 07/04/2018 06:15 pm PARIS—The Financial Action Task Force is planning to introduce new rules related to cryptocurrency exchanges this month.
Credit Unions Watching One Primary Race Run-Off Today 07/16/2018 08:16 pm MONTGOMERY, Ala.–Credit unions will be watching the results of one primary race today here. A run-off is taking place between two Republicans for the seat representing Alabama’s second district.
House Ethics Committee Releases Memorandum Mandating Disclosure Of Cryptocurrency Holdings Of More Than $1,000 07/04/2018 06:15 pm WASHINGTON—The House of Representatives’ Ethics Committee recently released a memorandum mandating its members to disclose any cryptocurrency holdings valuing above $1,000.
WOCCU-Recommended Changes Included In Two Finalized Basel Committee Documents 07/04/2018 06:16 pm MADISON, Wis.–Changes recommended by the World Council of Credit Unions have been included in two finalized standards by the Basel Committee on Banking Supervision and the International Organization of Securities Commissions.
Following Death Of CEO, Dane County CU Names An Interim 07/04/2018 06:17 pm MADISON, Wis.–Following the death of its president and CEO, Dane County CU has named an interim chief executive.
OnPoint Community CU Now Title Sponsor of Oregon’s High School State Championships 07/04/2018 06:18 pm PORTLAND, Ore. - OnPoint Community Credit Union has reached an agreement with the Oregon School Activities Association to make OnPoint the new title sponsor for Oregon’s high school state championships.
Nation’s Biggest Banks Report Big Profits, But Also Say Lending Has Slowed 07/16/2018 08:16 pm NEW YORK–The nation’s biggest banks are reporting some of their biggest profits, even as the data shows a slowdown in ending.
Treasury Secretary Says Report On Fintechs Getting Closer 07/16/2018 08:24 pm WASHINGTON–The U.S. Treasury will be publishing a report on financial technology (fintech) firms in the near future.
