There has been a great fallacy permeating popular media over the last few years about the credit union movement and its growth through the acquisition of banks. Bank associations have pushed heavily on an inaccuracy ([...]
Digital banking trends are not just growing more popular, digital options and functionality for members are enhancing their member experience and quickly becoming a service expectation. Taking a thoughtful approach to making your member experience [...]
The eldest of Generation Z are now between the ages of 18 and 24. As they have become adults, finances have become more of a reality and concern. With new innovations constantly being introduced, Gen [...]
We're almost two weeks into August and some of you have already sent your children back to school. But for others, that may mean it's time for one final vacation with the family. If you're [...]
The credit union difference – the driving force behind our movement. These are the first words we utter in our thirty-second elevator pitch to answer the age-old question, “What’s the difference between a credit union [...]
Fraud and data security concerns continue to rise at alarming rates across the United States. In 2020, the Federal Trade Commission reported receiving over 2.1 million consumer fraud reports and more than $3.3 [...]
The construction industry is one that’s constantly changing and evolving. Some years, it thrives with new projects filling up the schedule. Others, it struggles to adapt to external pressures and leaves construction companies scrambling [...]
Ginnie Mae has several misconceptions about the nature of credit unions as mortgage lenders, CUNA Senior Director of Advocacy and Counsel Elizabeth LaBerge wrote in American Banker Wednesday. LaBerge’s op-ed follows comments CUNA filed [...]
NAFCU Regulatory Affairs Counsel James Akin wrote to the Federal Reserve Tuesday in response to proposed modifications to Regulation II clarifying the requirement for debit card issuers to enable – and allow merchants to choose from – [...]
About 10 days ago, I dropped my oldest daughter Olivia off for three weeks of sleep-away camp. I’m sure this will be a wonderful experience for her, but the week leading up to camp, [...]
Recently on CUESNet, a CUES member asked: Is anyone currently offering citizenship loans to members who are in the process of becoming naturalized U.S. citizens and need financial assistance with the approximately $1,000 [...]
As the summer winds down and cooler temperatures prevail, get ready for a busy fall payments season. Personal consumption expenditures rose by 1% in June, as businesses reopened, and consumers activated their long-delayed travel, dining [...]
What’s the impact on digital fraud as countries ease COVID-19 lockdown restrictions? We recently analyzed billions of transactions in our flagship identity proofing, risk-based authentication and fraud analytics solution suite — TransUnion TruValidate™ — and found [...]
Machine learning is a subset of artificial intelligence that allows computers to “learn” from data without explicit programming from humans. In financial services, it can transform business processes related to customer service, personal finance, and [...]
The Federal Reserve System published the most recent edition of the Consumer Compliance Outlook at the end of July. The edition contained the usual content, which includes updates from regulators, a calendar of regulatory deadlines, [...]
