One of the trickiest circumstances for banks and credit unions during the pandemic was how to get high speed internet...
The Trump administration is looking to potentially name the chair of the National Credit Union Administration to lead the CFPB; J. Mark McWatters has been seen as being a bigger credit union advocate over banks; bankers are concerned because his public record has indicated he lobbies more for breaks that favor credit unions over banks; while a decision is yet to be made bankers are hopeful that the administration will consider those from the banking community as well. Source.
Before Covid it was a matter of vendor philosophy when it came to doing a core conversion in-person or remotely;...
Union Credit's platform provides credit unions with new, credit-worthy members by aggregating consumer data and matching it with various credit union fields.
According to a new survey by Cornerstone Advisors 6 percent of U.S. adults with a checking account consider a digital...
Trade groups that work on behalf of banks and credit unions warned the Office of the Comptroller of the Currency...
Sheltered Harbor began earlier this year and covers around 400 million accounts across banks and credit unions; members of the project are required to back up data so other banks can serve customers in the event that another bank becomes disabled; the project goes beyond concerns over customer data being stolen to address concerns that a cyberattack could destroy or lock data. Source
The latest edition of Credit Union Tracker, a collaboration between PYMNTS and PSCU, found that 60% of credit union customers...
The Prizeout Partners CUSO, which was assembled by Callahan and Associates, gains access to Prizeout's proprietary ad technology in an effort to bring more value to their members and to support local merchants.
A beneficiary of the government shutdown are the small dollar lenders as more federal workers turn to them to make...