Will CUs See Benefits In Near Term? 09/04/2018 04:08 pm LAKEWOOD, Colo.—While credit union trade groups tout the benefits of the new regulatory relief act, one expert is saying it will take time for CUs to truly see relief–and in the near term the bill will actually increase costs for many credit unions.
Here’s Why BEC Attacks Are Getting Harder to Fight 09/16/2018 05:05 pm CAMPBELL, Calif.—Business email compromise (BEC) attacks—one of the most prevalent types of cyberfraud—are getting much harder to fight, according to one company.
Why Brand Alone 'No Longer Cuts It' 09/04/2018 08:19 pm SCOTTSDALE, Ariz.—Credit unions must go “digital first” now or prepare to merge later, according to one expert, who says brand alone no longer cuts it and that CUs must be careful of partnering with fintechs “without the fin.”
GFA FCU To Begin Serving Cannabis Industry In Massachusetts, New Hampshire 09/16/2018 05:06 pm GARDNER, Mass.–GFA Federal Credit Union here said it will begin offering cannabis banking services in its Massachusetts and New Hampshire markets through a partnership with Safe Harbor Services.
In World’s Biggest Remittance Receiver, New Blockchain Payments Solution Debuts 09/16/2018 05:06 pm NEW DELHI, India—Payments platform TransferGo has launched a real-time payments corridor to India, the world’s biggest remittance receiver, using Ripple’s blockchain technology.
Fed’s Beige Book Shows Moderate Growth, Concerns Over Trade Tensions 09/16/2018 05:06 pm WASHINGTON—The Federal Reserve Districts reported moderate economic growth through the end of August, according to the latest Federal Reserve Beige Book. However, most districts noted concern over trade tensions.
BCFP Issues Interim Final Rule Updating 2 Model Disclosures 09/16/2018 05:06 pm WASHINGTON—The Bureau of Consumer Financial Protection has issued an interim final rule updating two model disclosures to reflect changes made to the Fair Credit Reporting Act (FCRA) by recent legislation.
Fed Rate Increase Expected Later This Month 09/16/2018 05:08 pm WASHINGTON—A tightening labor market and growing inflation will lead the Federal Open Market Committee to raise rates later this month, NAFCU Chief Economist and Vice President of Research Curt Long said.
Congressional Caucus Adds Rand Paul As Speaker 09/04/2018 08:03 pm WASHINGTON—NAFCU's Congressional Caucus is a week away, and the association has added Sen. Rand Paul (R-KY) to its speaker lineup.
Hotel Brands Look To Gussy Up Their Co-Branded Cards 09/04/2018 08:03 pm NEW YORK—Since January, several major hotel brands have overhauled their co-branded credit cards. New benefits have been added, high-end cards have been announced and some legacy benefits have disappeared, reported MarketWatch.
