What are real-time payments?
Real-Time Payments (RTP – not to be confused with The Clearing House’s brand name RTP®) refers to payment rails (platforms or networks via which payments pass through) that share a ...
The latest from John Pettit
Understanding retirement plan-related roles and responsibilities
As a retirement plan sponsor, to ensure your organization is compliant with the Employee Retirement Income Security Act (ERISA) regulations, it’s critical to understand everyone’s role as it ...
Payday lenders vanish in Nebraska following 36% rate cap
“I kept getting these text messages and phone calls early in the morning or late evening. When I finally did speak with them on the phone, all they wanted was ...
Leagues, credit unions advance priorities during D.C. visits
Five Leagues representing 11 states were in Washington, D.C. last week to talk credit union priorities with policymakers. Visits included meetings with legislators and regulators, as well as briefings ...
New home sales surge in August
New home sales rose at an accelerated rate of 28.8 percent in August to 685,000 annualized units. Sales in July were revised up 21,000 units. Compared to ...
Tech Time: Why one rail shouldn’t rule them all
In the current economic climate, having access to funds in real time is more important than ever, both for consumers and businesses. Credit unions are taking note, as nearly 30% ...
Leaders in Lending | Ep. 77: Digital assets and the Metaverse – How credit unions can deliver value
Whether you’re in favor or against digital assets, they’re here to stay. While cryptocurrency may be the first thing that comes to mind, that only scratches the surface ...
Spousal beneficiary options just got (a bit) more complicated under proposed RMD regulations
The IRS has always treated IRA (and qualified plan) spouse beneficiaries quite generously. But the new RMD rules may make executing certain options more complicated. These two spouse beneficiary changes ...