Five Fraud Threats to be Watching Are Identified in New Experian Forecast 02/22/2024 07:11 pm COSTA MESA, Calif.–Five fraud threats in 2024 that both consumers and businesses should be aware of have been released as part of Experian’s 2024 Future of Fraud Forecast.
Lower Rates Make Housing Less Affordable? Here’s What One Analysis Suggests 02/22/2024 07:08 pm NEW YORK–In a conclusion that sounds hugely counterintuitive, a new report has concluded that history shows lower mortgage rates make housing less, not more, affordable.
Compliance Costs Related to Crime Have Doubled for FIs, New LexisNexis Study Finds; Recommendations for Fighting Crime Shared 02/22/2024 07:07 pm BOCA RATON, Fla.–The cost of compliance with financial crime-related laws has risen 99% for financial institutions, according to a new study.
Meriwest CU Intro’s ‘SMART Start Checking’ For Youth Ages 9-17 02/22/2024 07:07 pm SAN JOSE, Calif.– Meriwest Credit Union has introduced the “SMART Start Checking Account” for youth ages 9 to 17.
Alliant Annual Report Shows ‘Soaring Member Value’ Vs. Traditional Banks; Membership Up 50% Over 3 Years 02/22/2024 07:07 pm CHICAGO–Alliant Credit Union, which is an all-digital operation, has released its 2023 annual report, which it said shows strong financial performance and “soaring member value vs. traditional banks.”
Up in ARMS, Literally: A Look at CU Performance at Year-End 02/22/2024 07:08 pm WASHINGTON—Credit union loans outstanding increased 0.3% in December, compared to a 0.4% increase in November 2023 and a 1% increase in December 2022, according to America’s Credit Unions’ latest Monthly Credit Union Estimates.
California/Nevada Leagues CEO, WOCCU Chair (and More) Diana Dykstra Announces Retirement Date 02/26/2024 06:45 pm ONTARIO, Calif.– Diana Dykstra, president and CEO of the California and Nevada Credit Union Leagues, has announced plans to retire later this year after more than four decades of financial services leadership.
In FTC’s First Case Decided by Jury Trial, Cash Advance Operator Ordered to Pay More Than $20 Million 02/26/2024 06:56 pm WASHINGTON—As a result of a Federal Trade Commission lawsuit, a federal court has entered a judgment requiring merchant cash advance operator Jonathan Braun to pay $20.3 million in monetary relief and civil penalties.