NEW YORK—Consumer spending data indicate that the economic recovery has been stuck in neutral since mid-June, mirroring data of weekly jobless claims and hours worked by service sector employees, according to JPMorgan.
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WASHINGTON–A decision by Fannie Mae and Freddie Mac to add a new “adverse-market refinance fee” of 0.5% on the mortgages they buy will “put additional pressures on credit unions,” according to NAFCU, which has joined with other trade groups in calling for reversal of the decision.
MADISON, Wis.–No credit union leader needs to look far for a very real example of how the underlying assumptions in forecasting the future can be completely wrong and why SWOT analyses often don’t work, according to a futurist with the Ford Motor Co. But that doesn’t mean they should give up forecasting—instead, they need to think differently, she said.
MADISON, Wis.—After the COVID-19 crisis passes, how credit unions fare will largely depend on their ability to balance the greater emphasis on digital with the expectation members have that service levels will remain high, according to four CU leaders who shared examples of how they are attempting to do just that.
MADISON, Wis.—COVID-19 is making a big impact on the payments space, including bridging generational gaps to change how spending behaviors are evaluated and wiping out a great deal of the fraud protections delivered by EMV, according to one payments expert.
EL PASO, Texas–When it comes driving change during the pandemic, one CEO says she has focused on three things.
JACKSON, Miss.–There are deposits, and then there are “transformational deposits,” according to one credit union that offered some insights on the kinds of transformation it has been involved in.
RALEIGH, N.C.–While good in and of themselves, job programs and other assistance aimed at the unbanked and underserved often overlook the criticality of something far more basic: the need for a driver’s license.
MADISON, Wis.— CUES has named the five finalists for its 2020 CUES Emerge program, which seeks to identify top emerging leaders in the credit union industry.
BROOKFIELD, Wis.– Fiserv has released a new program designed to help and offer resources to small businesses that have been impacted by the effects of the COVID-19 pandemic.