Advanced search

The digital banking market continues a long burn—this time like the smoke of a Texas summer barbecue. Geneva-based Temenos announced  the acquisition of Austin, Texas-based digital application provider Kony in a deal totaling $580 million.

WASHINGTON—Credit union loans outstanding grew 0.6% in July, compared to a 0.7% increase in June, according to CUNA’s Monthly Credit Union Estimates, which also show CUs are on pace for the lowest annual loan growth since 2012.”

TYSONS, Va.–PenFed Credit Union has been selected by AMVETS as the large company “Veteran Friendly Employer of the Year.”

NEW YORK–Credit unions will want to pay attention to two emergency Windows updates announced by Microsoft in order to protect against "critical" and "important" vulnerabilities impacting Internet Explorer and Windows Defender, the anti-virus software.

JACKSONVILLE, Fla.—VyStar Credit Union has created a $10 million fund designated for investing in fintech companies “looking to partner with credit unions to deliver innovative solutions.”

SYRACUSE, N.Y.–Syracuse Cooperative FCU has announced a new CEO. Effective Oct. 15, Christina Sauve will lead the organization.

WASHINGTON—The Department of Labor’s (DoL) final overtime rule includes adjustments regarding the rule's salary level exemption and nondiscretionary bonuses and incentive payments. The rule is set to take effect Jan. 1, 2020.

WASHINGTON–The House has passed the Secure and Fair Enforcement (SAFE) Banking Act, which provides a number of protections for financial institutions serving cannabis businesses in states where marijuana has been legalized in some form.