KYIV, Ukraine–In what’s being called a “major victory” by the World Council of CUs, the Ukrainian Parliament has overwhelmingly approved the first reading of a new draft law on credit unions. The law must now pass a second reading as the final step for adoption.
DALLAS–Registration is now open for ALM First’s 2021 Financial Forum, which will be held in person Sept. 27 – 29 at The Silverado Resort & Spa in Napa, Calif.
HELENA, Mont.–Credit union leaders in Montana and Louisiana have been recognized for their accomplishments.
WASHINGTON—The Financial Stability Board (FSB) has published a public consultation on global targets for addressing the four challenges of cross-border payments.
RED WING, Minn.–A start-up fintech here, Live.Give.Save. Inc. has been acquired by Reseda Group, a subsidiary of Michigan State University FCU.
MARGATE, Fla.–We Florida Financial Credit Union has become the latest to launch a “Heroes Loan,” which it said offers those who serve and protect, both active and veteran, up to 50 basis points off their consumer loan rate.
NEW YORK—Card issuers continue to adjust their offers to the new lifestyles that have been brought on by the pandemic.
JACKSONVILLE, Fla.—The buy now pay later (BNPL) market is expected to grow 181% by 2024 and will account for 13% of all global e-commerce payments that same year, making BNPL the fastest-growing segments in payments, according to a new report.
ARLINGTON, Va.–With the Paycheck Protection Program now having exhausted close to a trillion dollars in funding, the next big question for credit unions and borrowers alike will be the loan forgiveness process.
WASHINGTON—The latest numbers on job creation and unemployment are seen as generally good, especially for younger women, according to one credit union economist.
