WASHINGTON—The House Energy and Commerce Committee has passed the Securing and Enabling Commerce Using Remote and Electronic Notarization Act of 2021 (H.R. 3962).
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WASHINGTON—FHFA Director Sandra Thompson has offered some direction around the agency’s posture regarding pilot programs and the purchase of more noncomforming loans from CDFIs.
TROY, Mich.–Three credit unions have made a total investment of $20 million in Maholo Banking, a CUSO that provides online and mobile banking solutions for credit unions.
WASHINGTON—The Federal Housing Finance Agency (FHFA) has established the Office of Financial Technology.
BROOKFIELD, Wis.–Fiserv said it has entered into two partnerships aimed at helping financial institutions make better and faster decisions.
BASINGSTOKE, U.K.– Business sentiment towards cryptocurrencies as a theme declined by 8% in Q2 2022 verses Q1 2022, according to the Company Filings Analytics Database by GlobalData.
ALEXANDRIA, Va.–The NCUA board has approved an asset threshold increase for credit unions to be supervised by its Office of National Examinations and Supervision, known as ONES.
ALEXANDRIA, Va.–NCUA is projecting it will finish 2022 approximately $18 million under its projected budget, due to salary savings from positions that remain vacant and the fact most examinations remain virtual.
ALEXANDRIA, Va.–NCUA has put out for comment a proposal that would require credit unions to notify it when cyberbreach occurs.
SAN ANTONIO—More consumers are looking to Tik Tok and YouTube for financial advice than they are their own financial institution, according to new research.
