The Texas jury in a second lawsuit brought by USAA against Wells Fargo also determined that Wells Fargo had willfully infringed on USAA's remote deposit capture (RDC) technology patents. The first lawsuit – with a different [...]
Senate Banking Chairman Mike Crapo (R-Id.) should abandon efforts to address wide marijuana policy questions and instead concentrate on the financial services implications, the American Bankers Association said. “While we appreciate that there is a [...]
The recent passage of the 2020 National Defense Authorization Act (NDAA) was not only a victory for CUs on military bases, many may not realize it has the potential to be a victory for all [...]
Choosing the right charter for FOM (Field of Membership) expansion is vital to a credit union’s strategy for growth. Institutions are offered the opportunity to operate under three specific types of charter: single common [...]
2020 promises to be another banner year for cyberattacks on U.S. organizations. The growing threat of attacks in 2019 and recent years drives home the fact that hackers will use any option at their [...]
Marketing automation is standard for many industries, but credit unions are only just getting started with it. Unfortunately, this means that many credit union marketers can’t visualize the benefits. One of the key abilities [...]
Visa announced it will acquire Plaid—a startup that connects payment apps like Venmo and Square Cash to users' bank accounts to transfer funds—for $5.3 billion. That marks a doubling of Plaid’s [...]
When searching for where to obtain higher education, you might come across a few different types. The first is private colleges. Private colleges are financially supported by donors and tuition. The second is public colleges. [...]
It’s the start of a new year, which means the CFPB’s latest safe harbor credit card penalty fee amounts under Regulation Z, section 1026.52(b), became effective January 1, 2020. This section [...]
It’s time for a gut check. How are your finances? Did you just get nauseous? Even if you’re in great financial shape, talking about finances can make you queasy. It’s very common. [...]
Adaptation: “the result of an evolutionary process in which individuals within populations evolve traits over time that are better suited to their environment.” Successful adaptation happens when specific traits emerge that increase a species’ chances [...]
The House is expected to consider two bills supported by CUNA this week, and CUNA will also engage on a hearing on cannabis business and the Financial Accounting Standards Board (FASB). FASB is the entity [...]
As the industry's Washington Watchdog, NAFCU's unmatched relationships with lawmakers, regulators, and administration officials ensure credit unions' voices are heard at the highest levels of government and industry issues are addressed by appropriate actions. To [...]
Fail! It is a strong word choice for a headline but, unfortunately, not far from the truth. A recent survey conducted by executive search consultancy Russell Reynolds of 234 diversity executives employed at companies on [...]
NCUA officials are refusing to discuss reports that they are preparing to auction off as many as 3,500 taxi medallions that were used as collateral for loans. Crain’s New York Business, citing anonymous [...]
