GRAND RAPIDS, Mich.–CU*Answers has announced a pair of year-long initiatives around improving how CUs act as Internet sellers as well as designing new approaches to teller services.
Fresh Today
NEW YORK—Although credit card interest rates are rising, not all the news about plastic is bad. That's because some credit card fees are disappearing, particularly foreign transaction fees.
NYON, Switzerland–Swiss watchmaker Hublot has introduced a limited-edition timepiece that can only be purchased using Bitcoin.
CARPINTERIA, Calif. – Spending for goods and services initiated by credit, debit, and prepaid cards issued in the United States, which totaled $6.616 trillion in 2017, will reach $9.313 trillion in 2022, according to statistics just released by The Nilson Report.
WASHINGTON—The Federal Housing Finance Agency (FHFA) has released supplementary materials related to its proposed rule that would set capital requirements for government-sponsored enterprises Fannie Mae and Freddie Mac.
WASHINGTON—During DC Fintech Week, Treasury Department Counselor Craig Phillips indicated the department is coordinating with other regulators to develop cryptocurrency policy and reiterated the importance of the U.S. modernizing its payment systems.
WOODBURY, Minn.–Ideal Credit Union said it has launched a new digital banking platform that in its first week saw more than half of its users sign-in to review the enhancements.
PARCHMENT, Mich.—$1.7-billion Advia CU here announced it intends to buy $155-million Golden Eagle Community Bank in Woodstock, Ill.
PARADISE, Calif.–Credit unions and their members across Northern and Southern California continue to deal with ongoing fires here.
WASHINGTON–Congress heard testimony yesterday related to legislation that would among other things amend the bankruptcy code to deal with the failures of too-big-to-fail banks.