Ideal CU Hosts Virtual Annual Meeting 05/16/2020 03:23 pm WOODBURY, Minn.––Ideal Credit Union celebrated its 94th annual meeting with a first—a completely virtual event.
MY CU Services to Offer P2P Payments Solution to Its CU Clients 05/16/2020 12:01 pm MIDDLETOWN, Penn./NORCROSS, Ga.–MY CU Services, the payment and technology CUSO of Vizo Financial, has announced it will offer its 1,200 CU clients PayMōli, a person-to-person (P2P) mobile payments solution from Aptys Solutions.
CUs are Distribution Points for Biz Assistance Program in Nova Scotia 05/16/2020 12:02 pm HALIFAX, Nova Scotia–Canada and its provinces are also offering small businesses financial assistance as the result of COVID-19, and credit unions are participating in the various programs.
European Commission Considering New Authority to Police Financial Crime; 4 European Payments Processors Launch New Alliance 05/17/2020 05:13 pm BRUSSELS, Belgium—The European Commission said it is considering creating a new authority to police financial crime and monitor banks more strictly.
Four Credit Unions Join City of Honolulu in Small Business Relief Fund 05/17/2020 05:06 pm HONOLULU–Four credit unions have joined with the Honolulu Mayor’s Office in support of a new Small Business Relief and Recovery Fund. This fund will provide up to $10,000 to help local small businesses.
Tucked Away in New Fed Report is Piece of Data on One Type of Debt Many People Carry 05/17/2020 05:07 pm WASHINGTON–Hidden in a newly released report from the Fed is a piece of data about a type of debt being carried by many Americans.