DENVER—What is the blockchain all about? Two free webinars will examine that question.
Fresh Today
ST. PETERSBURG, Fla.––PSCU said it is now offering complementary digital marketing, social media materials, and direct mail support to help credit unions create awareness of the annual Credit Union Magic Minute Loyalty Sweepstakes.
ORLANDO, Fla.–A new fingerprint scanner that actually resides inside a credit or debit card has been introduced here at the Payments Summit.
EL SEGUNDO, Calif.—Xceed Financial Credit Union here said it has extended its relationship with Fiserv and is transitioning its in-house DNA account processing platform to a Fiserv-hosted environment.
WASHINGTON—The Internal Revenue Service has announced the upcoming start of its first Tax Design Challenge crowdsourcing competition to encourage innovative ideas for the taxpayer experience of the future.
ALEXANDRIA, Va.—NCUA reported that it will receive $50.3 million in damages and interest from Credit Suisse for claims arising from losses to Members United and Southwest corporate credit unions related to purchases of residential mortgage-backed securities.
WASHINGTON—The House Financial Services Committee Wednesday, in a 33-20 vote, passed the “Taking Account of Bureaucrats’ Spending (TABS) Act of 2016” (HR 1486), which would make CFPB funding part of the regular congressional appropriations process.
SAN FRANCISCO–Max Levchin, a co-founder of PayPal, announced he has raised $100 million in new funding for a new start-up, Affirm, which is “on a mission to reinvent the way people get loans.”
WASHINGTON—Data on roughly 44,000 FDIC customers was recently breached accidentally by a departing employee, The Washington Post reports.
WASHINGTON–In advance of a hearing by the House Ways and Means’ Subcommittee on Tax Policy this week, CUNA has sent a letter outlining the reasons for maintaining the credit union tax exemption.