Robots have long been the object of fascination. They have been imagined for over a century, taking on the forms, personalities, and powers of the humans who create them – but now, over 100 years later, [...]
While membership in the world’s 87,914 credit unions grew by 5% to surpass 393 million in 2021, that increase was hardly equal across all 118 countries surveyed for World Council’s 2021 Statistical [...]
By now we’ve all heard the predictions, seen the numbers, and know that a recession is on the way (perhaps already here for some of our markets), but that doesn’t mean that the [...]
Leaders in Washington are considering legislation—the Credit Card Competition Act—that would harm consumers and take money out of their pocket, Eglin Federal Credit Union President/CEO Jerry Williams wrote in The Capitolist. Williams [...]
The Federal Reserve Board announced that the fee schedule for payment services provided by Federal Reserve Banks and used by depository institutions will go into effect Jan. 3, 2023. The Fed is required, by law, [...]
There’s a magic milestone for financial institutions in the United States—an asset mark that has loomed large since Dodd-Frank was signed into law in 2010. That mark is $10 billion, and once a [...]
During a 13-year career with the U.S. Navy, Andrew Balzer defended the country and ensured everything was in working order on the ship. But he also learned as much as possible. “I took advantage [...]
Join John Coleman, Partner at Buckley, LLP and former Deputy General Counsel at the Consumer Financial Protection Bureau (CFPB) for a discussion on the recent decision from the Fifth Circuit Court of Appeals, which held [...]
On November 3, 2022, the Credit Union National Association submitted a letter to the Treasury Department in response to their request for comment on ensuring responsible development of digital assets. In the letter, Madison Rose, [...]
There is good reason to believe that we will see a major auto-loan default crisis coming very soon. What will happen to vehicle values and the loans attached to them? And how will this affect [...]
Back in 2019 the 1st Advantage Credit Union was facing a dilemma many financial institutions face - the need to upgrade their ATM fleet. The credit union, which serves residents of Virginia, had a full-service [...]
Taking the next step in overhauling the Treasury Department’s CDFI program, the CDFI Fund announced Friday that comments on a proposed revised application will be accepted until Dec. 5. “The revised certification policies and [...]
Email newsletters are a dime a dozen these days. It feels like every author, speaker, company and yes, financial institution, has one. Such a crowded market means it’s more important than ever to stand [...]
Coming into SECU recently, I knew that our Board had a few things they wanted to accomplish. They were committed to meeting our members where they are, providing them with products and services to meet [...]
“Payment services hub” or “payment hubs” used to mean a consolidation of systems supporting Fedwire and ACH processing, which helped large financial institutions bring together their Commercial and Retail payment operations. Payment systems were historically [...]
