What is a credit score?
Your credit score is a three-digit number meant to reflect the risk you could pose to a lender when you borrow money. It offers a quick glance at your credit ...
The latest from John Pettit
The risks and rewards of biometric data
The collection of biometric information is becoming more prevalent in the credit union industry and in fintech as a whole. Consumers cannot easily change biometric information about themselves; therefore, theft ...
Where are bank-fintech relationships headed?
Fintechs and traditional financial institutions have had an odd relationship over the past decade or so. Many fintechs started out declaring their intent to replace banks, then morphed into vendors ...
NCUA releases new updated CECL FAQs, Simplified CECL Tool
The NCUA has released updates to its frequently asked questions on the current expected credit losses (CECL) accounting standard and its Simplified CECL Tool. Visit The Simplified CECL Tool page ...
Fed, White House work to mitigate crypto risks in financial system
The Federal Reserve and White House offered insights into how they are working to mitigate cryptocurrency risks in the financial system with several releases Friday. The Fed issued a policy ...
What 4 wildly optimistic visions of P2P tell us about the future of moving money
Most financial services executives that you speak are quite rational. Sometimes coldly so. I remember talking to a chief lending officer at a small regional bank operating out of the ...
Join the mafia
Even if you’re not a football fan, you no doubt heard about Damar Hamlin (jersey #3) — the Buffalo Bills safety who collapsed on the field during a game on ...
Tips for navigating the basics of Medicare
While you’re doing everything you can now to be a healthy retiree, you’re still going to have the expected – and the unexpected – medical costs. In fact, a 65-year-old ...