NEW YORK–How soon will truly autonomous vehicles be on the road?
Fresh Today
OCEANSIDE, Calif.–Pacific Marine Credit Union is changing its name and brand identity. The credit union has changed its name to Frontwave Credit Union, which it said is part of a “strategic initiative to differentiate and disrupt the Southern California financial services competitive landscape.”
NEW YORK–The overall delinquency rate on U.S. commercial real estate loans ticked up ever so slightly in October, bringing to an end six straight months of declines, according to the Trepp CMBS Delinquency Rate. The overall rate, however, had fallen in 14 of the last 15 months prior to October.
NEW YORK–Municipal Credit Union has named a new CEO. The $2.9-billion MCU said it has selected Mark A. Ricca to lead the organization.
SOUTH PORTLAND, Maine–TruChoice FCU here has selected the CU*Base system from CU*Answers as its new core solution.
WASHINGTON—The Federal Trade Commission (FTC) will hold hearings in December and February to examine its authority to deter unfair and deceptive conduct in data security and privacy matters.
WASHINGTON—During a Financial Accounting Standards Board's (FASB) Transition Resource Group for Credit Losses meeting last week, FASB staff indicated it would spend additional time working on certain operational challenges associated with the current expected credit loss (CECL) standard.
WASHINGTON—The Federal Trade Commission has given final approval to a settlement with Uber Technologies, Inc. over allegations that the ride-sharing company deceived consumers about its privacy and data security practices.
PURCHASE, N.Y.— Mastercard has rolled out Digital Commerce Solutions, a new suite of strategies and services that includes a plan for all of its cards to support security token authentication methods by 2020.
WASHINGTON—During the weekend of Dec. 8, Fannie Mae will begin use of Desktop Underwriter (DU) Version 10.3, which accounts for 2018 market conditions, makes changes to appraisal waivers and provides updates to align with the Selling Guide. Many credit unions use the DU for loans sold to Fannie Mae.