GREENSBORO, N.C.—Vizo Financial and TCT Risk Solutions announced a strategic partnership aimed at expanding risk management capabilities for credit unions, combining Vizo Financial’s back-office support, consulting and education services with TCT’s suite of risk analytics and advisory tools.
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ALEXANDRIA, Va.--NCUA Wednesday announced the eleventh round of proposed regulatory changes associated with the agency's Deregulation Project.
WASHINGTON — Mortgage applications decreased 4.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 1.
WASHINGTON—Five banking trade groups are pushing back on proposed Senate language governing stablecoin interest and rewards payments, saying the draft “falls short” of its stated goal of preventing yield-bearing stablecoins from drawing deposits out of banks, the Bank Policy Institute reported.
WASHINGTON—Federal Reserve Vice Chair for Supervision Michelle Bowman warned that consumer fraud has become a growing threat to both households and the broader financial system, saying scams are escalating in “scale, sophistication, and impact” as criminals increasingly exploit digital payments and banking tools.
WASHINGTON--With the CFPB finalizing and updating the Equal Credit Opportunity Act (ECOA) last month, America’s Credit Unions has a new Final Rule Summary available analyzing its impact on credit unions.
LONDON— Visa has partnered with TikTok to launch a new debit card for U.K.-based content creators, a move aimed at helping creators separate business and personal finances and gain faster access to income earned through TikTok LIVE, according to PYMNTS.
NEW YORK--Even before the next phase of U.S. stablecoin regulation is fully in place, major Wall Street firms are moving to build the back-end infrastructure for the market, with Morgan Stanley Investment Management launching a government money market fund designed specifically to hold reserves backing payment stablecoins, according to PYMNTS.
COLUMBUS, Ohio—The Ohio Bankers League is escalating its opposition to the proposed acquisition of $225-million The Hicksville Bank by $2-billion Interra Credit Union, warning it is prepared to pursue legal action to block the deal as it moves through regulatory review.
WASHINGTON--CU Student Choice, the leading provider of education financing solutions for credit unions, marked its 18th anniversary on May 5 at a pivotal moment for the industry, with significant changes and new opportunities on the horizon in the student loan space.