NEW YORK—Stablecoins are on track to significantly disrupt traditional bank deposits and payment systems within the next two to three years, according to a new research report by AInvest.
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NEW YORK—Efforts by FICO to incorporate buy now, pay later activity into U.S. credit scores have hit a roadblock, with major installment payment providers pushing back over concerns about consumer impact, The Wall Street Journal reported.
Manchester, N.H. —America’s Credit Union Museum (ACUM) is calling on credit union leaders, members, and supporters nationwide to join A Labor of Love: A Day of Giving on Wednesday, Aug. 27—a national campaign to honor the everyday people who built the credit union movement from the ground up.
WASHINGTON—The Defense Credit Union Council has unveiled its board leadership lineup and announced new appointments.
WASHINGTON--President Donald Trump is weighing what could be the largest initial public offering in history: the sale of a stake in mortgage giants Fannie Mae and Freddie Mac.
WASHINGTON--The CFPB is proposing changes to Larger Market Participant thresholds in four areas – automobile financing, consumer debt collection, consumer reporting and international money transfer markets, America's Credit Unions reported.
WASHINGTON--America's Credit Unions is urging its members to provide feedback on regulations that are outdated, unnecessary, or unduly burdensome with a new Regulatory Comment Alert addressing the NCUA’s request for comment (RFC).
EDGEWOOD, Ky.—The $1.56-billion University of Kentucky Federal Credit Union and $80-million Cove FCU, both headquartered in Edgewood, have agreed to merge, Smiley Pete Publishing reported.
RICHLAND, Wash.— HAPO Community Credit Union, with $2.4 billion in assets, is growing its presence in the Tri-Cities with a new $7.6 million office complex in Kennewick, the Tri-Cities Area Journal of Business reported.
SANTA MONICA, Calif. —Credit unions should expect more of their members to show up at the auto loan desk already underwater on their existing loans, a new report suggests.