GRAND RAPIDS, Mich.– With more than 170 credit union clients across 23 states, CU*Answers said it recently successfully performed a live production recovery test by redirecting operations of its CU*BASE platform from the primary data center in Michigan to the secondary data center in South Dakota.
JANESVILLE, Wis.–Blackhawk Community Credit Union has announced plans to build a 130,000-square-foot, four-story development that would include a General Motors “Legacy Center” along a stretch of the riverfront in this city.
WASHINGTON–As part of what it said is its continued efforts to educate students and families on the most affordable and responsible ways to pay for college, Credit Union Student Choice will host a free public webinar on Oct. 11.
DUBLIN, Ireland–This country’s mortgage market is getting what one analysis called “a massive shake-up” as credit unions launch a more sophisticated and centralized mortgage solution.
SEATTLE—Consumers using Amazon can check out a new shopping site the major retailer is testing to help individuals who are not quite sure what they’re looking for.
WASHINGTON—While numerous analysts have long stated that small institutions, such as credit unions, are becoming bigger targets for hackers, a new warning is being issued to big banks that crooks are zeroing in on their data.
WASHINGTON—Sanctions violations accounted for 56% of all fines handed out by regulators around the world in the past 10 years, a new study shows.
CHARLOTTE, N.C.—Bank of America is adding mobile wallet functionality to its suite of commercial card products.
WASHINGTON—A number of federal departments and agencies, including NCUA, have issued a statement to address instances in which certain banks and credit unions may decide to enter into collaborative arrangements to share resources to manage their Bank Secrecy Act (BSA) and anti-money laundering (AML) obligations more efficiently and effectively.
WASHINGTON—Federal Reserve Chairman Jerome Powell said the economy is seeing "extraordinary times" and the Fed's ongoing policy of gradual interest rate hikes reflect efforts to balance risks while "maintaining maximum employment and low and stable inflation."
