Surge Seen In Usage Of Mobile Bill Pay, P2P Payments 06/06/2017 08:28 pm BROOKFIELD, Wis.–The percentage of consumers using mobile bill pay rose significantly from late 2015 to late 2016, growing from 22% to 28%.
CU Prodigy Signs First American CU; Says Edwards FCU Is Migrating Servers 06/12/2017 08:10 pm CASA GRANDE, Ariz.–The $107-million First American Credit Union has signed with Layton, Utah-based CU Prodigy here to move to its core solution.
CU*Answers Announces Winners of Email Address Contest 06/12/2017 08:10 pm GRAND RAPIDS, Mich. – CU*Answers has announced the winner of its 2017 Email Address contest.
FASB Should Suspend Implementation Of CECL, NAFCU Says 06/06/2017 07:57 pm WASHINGTON—The Financial Accounting Standards Board (FASB) should indefinitely suspend implementation of the "current expected credit losses" (CECL) standard while the board reassesses the standard's requirements, according to NAFCU.
CUNA Expresses Support For Reauthorization Of National Flood Insurance Program 06/12/2017 08:10 pm WASHINGTON—CUNA reiterated its support for the reauthorization of the National Flood Insurance Program (NFIP) in a letter to House Financial Services Committee leadership this week.
NCUA Data For Q1 Shows Total FICU Assets At $1.34 Trillion; Other Data Points Also Released 06/06/2017 08:10 pm ALEXANDRIA, Va.–Total assets in federally insured credit unions were up by $97 billion, or 7.8%, during the first quarter, while loans grew by $85 billion, or 10.6%, according to first quarter data released by NCUA.
Tipping, Tipping, Tipped: What Survey of Online Banking Has Found 06/13/2017 08:35 pm AUSTIN, Texas–In a tipping point in the world of online banking, 54% of active users of digital banking now say they use mobile banking, meaning a clear majority of consumers are using the mobile channel, according to the latest Monkey Insights “little data” report from Malauzai Software.
Supreme Court Rules Laws About Abusive Debt-Collection Techniques Don’t Apply To Debt Buyers 06/12/2017 08:16 pm WASHINGTON–The U.S. Supreme Court voted unanimously to decline to widen the reach of a federal law that targets abusive debt-collection tactics, including harassment and threats, saying it does not cover companies that buy debt and then attempt to collect on it.
Trade Groups Turn Attention To Senate Version Of CHOICE Act, But… 06/12/2017 08:16 pm WASHINGTON—Passage last week by the House of Representatives of the Financial CHOICE Act means the attention of CUNA and NAFCU is now focused on the Senate’s version of the bill. But odds are expected to be long for passage of the companion legislation in the Senate.
TCPA Lawsuit Abuse on Congressional Calendar Today; Plus Other Events This Week 06/12/2017 08:16 pm WASHINGTON–The House Judiciary Subcommittee on the Constitution and Civil Justice today plans to review lawsuit abuse in connection with the Telephone Consumer Protection Act (TCPA).