HOUSTON—Three more financial institutions have selected eCU Technology's Origins Suite, which offers complete mobile-first membership, consumer loan and business deposit applications.
Fresh Today
What Can Go Wrong With Employees Working From Home? Study Identifies 27 Different Potential Problems
LONDON–When it comes to the massive shift to work from home arrangements, the pendulum continues to swing back toward findings and views that it isn’t as problem free as some initial analysis suggested, with one new analysis identifying 47 different things that can go wrong.
ROCKVILLE, Md.–The coronavirus pandemic has led to lower consumer spending, which has affected card volumes and prepaid card use.
WASHINGTON—The United States District Court for the Central District of California has entered a stipulated final judgment resolving the Consumer Financial Protection Bureau’s allegations against Certified Forensic Loan Auditors, LLC (CFLA) and Andrew Lehman (Lehman), the agency reported.
ALEXANDRIA, Va.–This week’s NCUA board meeting was the last for Board Member J. Mark McWatters, who has served on the board since 2014, including a term as chairman from 2017-19.
ALEXANDRIA, Va.–NCUA has released new mid-year spending estimates showing all those examiners working from home has led to savings of approximately $7.2 million in its 2020 budget, with a few other areas showing minor increases.
ALEXANDRIA, Va.–The NCUA board has put out for 60-day comment a proposal related to its Operating Fee Schedule Methodology, with the key being the exclusion of Paycheck Protection Program loans when calculating the operating fee.
ALEXANDRIA, Va.–The NCUA board has voted 3-0 in favor of phasing in the new current expected credit loss (CECL) rule.
ALEXANDRIA, Va.–The NCUA board has voted 3-0 in favor of reinstating rules around field of membership and chartering that have been years in the making, after surviving numerous court challenges by bankers’ groups.
ALEXANDRIA, Va.–Bankers groups are expressing strong opposition to NCUA’s subordinated debt proposal, arguing it undermines the concept of cooperative ownership and puts the tax exemption at risk and that NCUA itself has acknowledged it could lead to greater losses to the insurance fund, among other points made.