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DES MOINES, Iowa–When it comes to the emerging blockchain technology, rather than asking, “How can we use blockchain in our business?” financial institution leaders should first ask, “What are the problems we want to solve?”

ST. LOUIS–Legislation has been signed by Missouri Gov. Jay Nixon (D) that will allow prize-linked savings accounts to be offered in the state. The Missouri Savings Promotion Act will become law in Missouri on August 28.

ALEXANDRIA, Va.—The $20-billion PenFed Credit Union is absorbing Alamo Federal Credit Union in San Antonio via a merger.

ARLINGTON, Va.–With the NCUA Board holding a board briefing tomorrow on whether to add an “S,” for sensitivity to market risk, to its CAMEL ratings, NASCUS President and CEO Lucy Ito is urging the agency to make the move to add the “S” “earlier rather than later.”

MADISON, Wis.–The Filene Research Institute announced that PSCU will become the latest to sponsor one of its new Centers of Excellence, in this case Filene’s Center of Excellence for Organizational Entrepreneurship.

WASHINGTON—The CFPB hosted a listening session to hear industry concerns on its mortgage disclosure rule, and during the meeting CUNA shared suggestions for changes to the regulation.

WASHINGTON–Rep. Randy Neugebauer (R-TX) has introduced legislation (HR 5465) that would repeal section 1075 of the Consumer Financial Protection Act of 2010, also known as the Durbin Amendment.

WASHINGTON–An amendment has been added to a House appropriations bill that would require the Consumer Financial Protection Bureau to stop any rulemaking on short-term, small-dollar loans.