ORLANDO, Fla.–Robotic process automation (RPA) software is expected to grow from a $629-million market in 2018 to $1.2-billion by 2021, with one new survey showing more than one-third of surveyed financial institutions attribute a 2-5% revenue growth directly to an intelligent automation strategy that includes RPA.
MENLO PARK, Calif.–More fintechs are moving beyond just credit cards and loans and into a traditional old-line business: checking accounts.
BELIZE CITY, Belize–The 101-year-old CEO of a credit union here who was also a pioneer in this country’s CU movement has died.
NEW YORK—American Express is getting personal with its newest small-business credit card.
WASHINGTON—UBS Financial Services Inc. (UBSFS) has been assessed a $14.5-million penalty by the Financial Crimes Enforcement Network (FinCEN) for Bank Secrecy Act (BSA) violations.
WASHINGTON–The partial shutdown of the federal government shows no signs of being resolved soon, and should it last through month’s end many credit unions will see members taking advantage of the various relief offers being made.
WASHINGTON–During testimony before the House Financial Services Committee at a hearing titled “A Legislative Proposal to Provide for a Sustainable Housing Finance System: The Bipartisan Housing Finance Reform Act of 2018,” one credit union CEO outlined reasons CUs support the proposal.
WASHINGTON—The Federal Housing Finance Agency (FHFA) has released the 2019 scorecard it will use to assess the government-sponsored enterprises' (GSEs) – Fannie Mae and Freddie Mac – progress made toward their three conservatorship priorities.
WASHINGTON–CUNA has joined with the Illinois and Wisconsin Credit Union Leagues in filing a brief in the U.S. Court of Appeals for the 7th Circuit in support of Aurora Policemen Credit Union, which is facing a lawsuit due to uncertainty with the Americans with Disabilities Act (ADA).
LAFAYETTE, La.–Meritus Credit Union here has agreed to pay $110,000 to a former branch manager to settle a federal discrimination lawsuit, according to the U.S. Equal Employment Opportunity Commission (EEOC).
