RANCHO CUCAMONGA, Calif. – With digital transformation rapidly expanding market opportunities for credit unions, CO-OP Financial Services said it will be demonstrating how CUs can quickly take advantage of that transformation through its single ecosystem of payments and technology solutions at CUNA’s Governmental Affairs Conference in Washington next week.
WASHINGTON–The Underground Collision, which seeks to bring together diverse opinion and passionate, authentic discussions around credit unions, will be held again this weekend in conjunction with CUNA’s GAC.
MILWAUKEE, Wis. –– QuantyPhi, Corporate Central Credit Union’s balance sheet optimization CUSO, said it has partnered with LoanStreet Inc., which provides a fully integrated platform that streamlines the process of sharing, managing, and originating loans.
LONDON–Three credit unions here have been awarded grants from Lloyds Banking Group through its Credit Union Development Fund.
PURCHASE, N.Y.—Mastercard has signed a global Memorandum of Understanding (MoU) with Angaza, a leader in so-called “last-mile distribution technology.”
MENLO PARK, Calif.–Facebook is working on its own cryptocurrency coin.
ALEXANDRIA, Va.–Total assets in federally insured credit unions rose by $75 billion, or 5.4%, over the year ending Dec. 31, 2018, while loans were up $86 billion and crested $1 trillion, according to the latest Quarterly Credit Union Data Summary from NCUA
FOSTER CITY, Calif.—Spending for goods and services generated by Mastercard and Visa credit, debit, and prepaid cards issued in the United States was $6.021 trillion in 2018, an increase of 9.5% over 2017, a new report shows.
WASHINGTON—NAFCU President and CEO Dan Berger met with CFPB Director Kathy Kraninger to discuss the Bureau's rulemaking initiatives and share how the Bureau could reduce credit unions' regulatory burden.
WASHINGTON—Proposed changes to the current expected credit loss (CECL) standard are unlikely to be adopted by credit unions, said CUNA, which urged the Financial Accounting Standards Board (FASB) to explore ways relief for credit unions can be achieved.
