HAMPSHIRE, U.K.–Despite what is currently low awareness among consumers, look for a significant surge in the years ahead in solutions and offers around open banking, according to a new forecast.
Fresh Today
WASHINGTON–A proposal by the FDIC board would require big banks with large amounts of uninsured deposits to primarily be responsible for a special assessment aimed at covering the costs to the federal bank deposit insurance agency related to uninsured depositors with accounts at two banks that recently failed.
NEW YORK–With plenty of people worried about what artificial intelligence and tools such as ChapGPT might mean for their jobs, a huge new report has found one of the most at-risk careers is also one of the biggest areas of employment within credit unions.
WASHINGTON—The Federal Housing Finance Agency (FHFA) has rescinded the upfront fees based on borrowers’ debt-to-income (DTI) ratios acquired by Fannie Mae and Freddie Mac.
BOWLING GREEN, Ky.–Credit unions gathered here got an update on the importance of real estate—in this case, digital real estate, courtesy of CMFG Fintech Solutions.
BOWLING GREEN, Ky.–There have already been two big “inflection points” affecting credit unions so far this century, and a third, even bigger such inflection point is now underway, according to one person, who has also offered some strategies for responding.
WASHINGTON—The development of a comprehensive national standard regulating digital assets will level the playing field and protect consumers, CUNA wrote to a joint House Financial Services and House Agriculture subcommittee hearing.
WASHINGTON—Legal cannabis businesses need access to safe and secure financial services, CUNA wrote to the Senate Banking, Housing, and Urban Affairs Committee ahead of its hearing on cannabis banking.
SPRINGFIELD, Mass.–Following a 38-year career, Mass Mutual FCU CEO Dave Plantier said he plans to retire effective July 5.
SAN JOSE, Calif.–FICO is now accepting credit union and bank applications for its 2023 Inclusion Accelerator program.