News Archives

Five Key Credit Union Trends to Continue to Watch

According to the latest report released by the National Credit Union Administration, credit unions remain mostly stable in their performance and resilient to the challenges of the current economic environment at...

Nationwide Branch Advert Banned as Misleading

A Nationwide advert has been banned for incorrectly suggesting that the building society has not been closing branches. In October and November, Nationwide ran a TV, radio and press ad that sees...

CFPB Blog: Consumer Reporting Companies Have an Obligation to Correct Errors

The consumer reporting system maintains detailed profiles on millions of Americans. Companies harvest information on people’s financial status or record of paying bills and provide that information to consumer reporting...

Mar. 29, 2024: CFPB Updates

CFPB Takes Action to Halt False Claims of ‘Free’ International Money Transfers the Consumer Financial Protection Bureau (CFPB) issued a new circular warning remittance transfer providers that false advertising about...

SAFECOM and NCSWIC Develop 911 Cybersecurity Resource Hub

Looking for cybersecurity resources for your Emergency Communications Center (ECC) but do not know where to start? Overwhelmed with resources and not finding what you are looking for? SAFECOM and...

NCUA Releases 2023 Annual Report

The National Credit Union Administration today released its 2023 Annual Report, highlighting the agency’s activities, policy initiatives, and accomplishments for the past year. “In 2023, the NCUA focused its efforts on...

ABA: Americans Want Congress to Examine CU Tax Exemption & Allow Cannabis Banking

A new survey commissioned by the American Bankers Association has found consumers believe Congress should examine the credit union tax exemption, and also allow cannabis banking. In the survey conducted...

FHFA Announces 2024 Generative AI in Housing Finance TechSprint

The Federal Housing Finance Agency (FHFA) today announced its second TechSprint, an in-person team-based problem-solving event hosted by its Office of Financial Technology. FHFA’s Generative Artificial Intelligence (AI) in Housing...

Video: AKUVO’s Mossman and NACSCU’s Matusiak Share Ukraine Efforts Update

AKUVO President/CEO Jay Mossman and NACSCU (Poland) President/CEO and CEO of Via Stella Foundation Rafal Matusiak stopped by our set at the Underground Collision event in Washington, D.C., to provide an update on relief efforts going...

Podcast: Time to Embrace AI

Show Notes Associate Professor at DePaul University and Filene Fellow Lamont Black believes credit unions must stop sitting on the sidelines with AI.

Senator Seeks Progress Update from Federal Regulators to Strengthen Banks

One year after the collapse of Silicon Valley Bank, U.S. Sen. Elizabeth Warren (D-MA) is seeking an update from federal banking regulators on steps taken to strengthen regulatory standards for...

USDA Report: Economic Impact of the U.S. Biobased Products, Hemp Research, & Innovation

On March 8, 2024, the U.S. Department of Agriculture honored the second annual National Biobased Products Day, “a celebration to raise public awareness of biobased products, their benefits and their contributions to...