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WASHINGTON—The Senate Banking Committee was urged to "ensure that when fintechs compete with regulated financial institutions, they must do so on a level playing field where smart regulations and consumer protections apply to all actors in that space."

WASHINGTON—Senate Finance Committee Chairman Orrin Hatch (R-UT) and Sen. James Lankford (R-OK) have introduced companion legislation that would require the Bureau of Consumer Financial Protection to issue timely guidance on its rules in order to facilitate industry compliance and better protect consumers.

NEW YORK–Ten years after the crash of many of the biggest Wall Street Banks and the onset of the Great Recession, many employees of those banks have seen billions of dollars in payouts, while others have seen almost nothing at all.

JACKSONVILLE, Fla.—Credit unions are more likely to prioritize investing in digital channel functionality than global, regional and community banks, a new study shows.

PORTSMOUTH, N.H.–Service Credit Union has rolled out new branding it said challenges people to think about their financial readiness at life moments, big and small, while also showing that the credit union is “ready”  to be a financial partner.

TAMPA, Fla.–GTE Financial presented the Boys and Girls Club of Tampa with a check for more than $20,000 to assist in their continued efforts of helping thousands of youth in the Tampa Bay area. 

ITHACA, N.Y.–CFCU Community Credit Union here says it has selected Fiserv to provide it with a  suite of solutions that will deliver a more integrated mobile, online and in-branch member experience. 

LA CROSSE, Wis.—Marine Credit Union said it has  received regulatory approval to acquire 10 Old National Bank branches through a purchase agreement announced April 2018 and reported earlier in CUToday.info here.

MUSKEGO, Wis.–QuantyPhi balance sheet optimization services is inviting credit union CEOs, CFOs, ALCO, and financial management team members to register for an Adjustable Rate Mortgage Securities (ARMS) webinar to be held today at 12:00 p.m. CT. 

MUSKEGO, Wis.––CU-Save, the revenue enhancement/cost reduction solution offered by InterLutions, has added 12 new credit union partners.