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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.

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.

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.