NEW YORK—A new banking platform is expected to help community development credit unions expand their products and reach.
Fresh Today
FRANKLIN, Tenn.–Southeast Financial Credit Union here has filed suit against The College Network, claiming its owners are illegally attempting to shield remaining assets from creditors.
WASHINGTON—Kevin McCarthy, who has now officially announced he will run for Speaker of the House, continues to draw praise from credit unions regarding his support for the movement.
WASHINGTON—CUNA has sent a letter to the House Ways and Means Committee for the record of their hearing today on the Department of Labor’s Fiduciary Rule.
WASHINGTON—Seven trade organizations have issued a statement in support of the Financial Product Safety Commission Act of 2015 (H.R. 1266), which is scheduled for mark-up by the House Financial Services Committee today.
ONTARIO, Calif.–CU Direct will host an Auto Lending Trends webinar on Oct. 8 at 11:00 AM PDT / 2:00 p.m. EDT.
ORLANDO, Fla.–Technology execs were given a top 10 list of things that are making life even easier for hackers in penetrating credit union systems.
SYDNEY, Australia—Fraud experts are issuing new warnings about mobile phone data security. They’re increasingly concerned about the proliferation of new apps using “screen scraping” technology to scan and scrape data from consumers.
ALEXANDRIA, Va.—NAFCU Tuesday, in advance of today’s full committee mark-up on legislation that could provide regulatory relief to credit unions, sent a letter to the House Financial Services Committee outlining the trade association’s strong support for the Risk-Based Capital Study Act (H.R. 2769), among other bills up for review.
WASHINGTON—The CFPB Tuesday released a report outlining widespread servicing failures reported by both federal and private student loan borrowers.