ATLANTA– Based on a survey of lenders, SMB lending fraud has increased significantly during the past 12 months, with many smaller banks, credit unions and fintechs expecting fraud levels to worsen over the next year, according to LexisNexis Risk Solutions.
SNELLVILLE, Ga.–The African-American Credit Union Coalition (AACUC) has named the inaugural Maurice R. Smith DEI Leadership Award recipients, as well as its new Hall of Fame honorees.
TUCSON, Ariz.– Credit Union West is staging a “Spend to Win $10K” promotion to celebrate Member Appreciation Month May.
MEMPHIS, Tenn.– During Inclusiv’s annual conference here, the Community Builders of Color Coalition, led by the African American Alliance of CDFI CEOs, announced the launch of the “Justice Climate Fund,” a new initiative the organization said will maximize the dual priorities of the United States Environmental Protection Agency’s (EPA) Greenhouse Gas Reduction Fund.
IRVINE, Calif.– Origence, a provider of lending technology solutions, has announced the results of its board elections.
MADISON, Wis.— A new white paper, “IT Risk Assessment: Building a Road Map,” designed to provide CUs with more tools to address growing IT risk assessment concerns, has been published by the CUNA Technology Council.
BOSTON—A draft bill that requires crypto miners to follow know-your-customer rules and other anti-money laundering procedures has not yet been reintroduced by Massachusetts Democratic Sen. Elizabeth Warren and Kansas Republican Sen. Roger Marshall because the lawmakers are searching for additional co-sponsors, according to a new report.
TUCSON, Ariz.–Just-released research reveals the long-held, traditional marketing funnel at credit unions needs to be “flipped,” that there is something that when combined with good rates really drives growth, and that the concept of “PFI” is officially obsolete.
TUCSON, Ariz.–Myths and assumptions around “debit-prefers” and “debit-defers,” what the psychology of member behavior means, and why some credit unions are really prospering, and other lessons from research just released by Co-op Solutions and EY were all shared during a panel discussion here.
TUCSON, Ariz.–An ambitious initiative around health care launched by Amazon and then abandoned offers some lessons for credit unions, according to one person who helped lead the effort.
