NEW YORK—Consumer interest in gift cards remains high, with 56% planning to purchase them for major life events and 38% preferring them as Christmas gifts over physical items, according to a new report.
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BASEL, Switzerland—The Basel Committee on Banking Supervision has published a report that considers the implications of the ongoing digitalization of finance on banks and supervision.
LONDON—Even though he has led the Digital Dollar Project as a co-founder and executive chairman, J. Christopher Giancarlo, believes that CBDCs aren’t the only way forward in finance, according to a new report.
NEW YORK—Malware attacks on mobile devices globally increased 32% during 2023, which only highlights the growing threats to digital financial assets, according to a new report.
GREENVILLE, S.C.–Five more executive leadership positions for which credit unions are looking for candidates were added to CUToday.info’s The Gig this week.
WASHINGTON–The latest jobs numbers again exceeded analysts’ expectations, with the Labor Department reporting total nonfarm U.S. jobs increased a seasonally adjusted 272,000 jobs in May.
TROY, Mich.—There is good news and bad news to be had when it comes to financial institutions’ credit card mobile apps and online users, according to a series of studies from J.D. Power.
GENEVA, Switzerland— At the same time governments around the world are exploring or actively pursuing central bank digital currencies (CBDCs), the World Economic Forum (WEF) has issued a warning concerning their potential vulnerability to decryption attacks from quantum computers.
LANSING, Mich.–Two Michigan credit unions have announced plans to merge.
MIAMI–At the same time NCUA has released new quarterly performance data for credit unions and expressed its concerns around credit card delinquencies, a new analysis offers insights into which cities are seeing the largest decreases in credit card limits.