News Archives

Interchange amendments not included in Senate draft NDAA

Interchange amendments not included in Senate draft NDAA

CUNA and League-opposed interchange amendments were not part of the amendments ultimately included in the draft Senate FY23 National Defense Authorization Act (NDAA) this week. The Senate is expected to vote on the NDAA next [...]

Consumer credit growth accelerated in August

Consumer credit growth accelerated in August

Total consumer credit rose 8.3 percent, at a seasonally adjusted, annualized rate, in August and is up 8.1 percent compared to a year ago. Revolving credit - primarily credit cards - rose 18.[...]

CU executives: Proposed NCUA budget is too high

CU executives: Proposed NCUA budget is too high

Previewing what may be the industry’s reaction to the NCUA’s 2023 budget, two credit union executives say the agency wants to spend too much money next year—particularly in the current economic environment. “[...]

From the wallet to the world

From the wallet to the world

For most people, the debit card is the primary connection with the financial world. It fits in a jeans pocket, wallet or even the sleeve on a mobile phone case. It’s the conduit for [...]

Credit unions harness the power of the cloud

Credit unions harness the power of the cloud

Credit unions rely on Amazon Web Services (AWS) to modernize their infrastructure, meet rapidly changing customer behaviors and expectations, and drive growth through innovation. By improving security, optimization, and services, as well as enhancing member [...]