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JERUSALEM—An Israeli inter-ministerial team is recommending the establishment of a regulatory sandbox for fintech startups, intended to provide early stage companies with regulatory mentoring and time-limited exemptions. 

HAUPPAUGE, N.Y. – 2018 represented another record year for CU Xpress Lease, announced GrooveCar, which reported volume in the product reached $707 million—a 45% year-over-year increase.

BREWER, Maine–When will the giant pile of snow ever melt?

WASHINGTON—U.S. credit card debt hit $870 billion, the highest total ever, as of December 2018, according to the data from the Federal Reserve.

SEOUL, South Korea—South Korea’s financial regulator plans to establish an open interbank payment network this year that can be accessed not only by banks but also financial technology companies, with the goal of bolstering the country’s fledgling fintech business sector. 

WASHINGTON—The U.S. Postal Service should not be in the financial services business, according to one CU trade group.

ARLINGTON, Va.—Total retail sales increased 0.2% in January. NAFCU Chief Economist and Vice President of Research Curt Long noted that wage growth will be a key factor to watch regarding overall consumer spending and economic activity in 2019.

WASHINGTON—During a “listening session” with the Department of Justice (DOJ), NAFCU and more than a dozen member credit unions urged the DOJ to provide guidance on website accessibility requirements under the Americans with Disabilities Act (ADA).

BIRMINGHAM, Ala. - America’s First has revealed the three charities to be part of its 2019 Community First Campaign.