ReliaMax, an all-in-one service to allow financial institutions to offer private student loans, is now managing $275 million in accounts two years after offering its online service. The Sioux Falls, S.D., company announced Tuesday that’s its portfolio had...
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
Millennials Shunning FIs’ Mobile Payment Apps
Millennials are pushing aside bank mobile payment apps in favor of third-party offerings such as Venmo, according to the results of a new survey, adding to concerns over how credit unions and other financial institutions are faring with the demographic...
Partisan Infighting Stark as House Panel Holds Hensarling Bill Hearing
The battle lines in the House debate over an overhaul of Dodd-Frank were drawn clearly Wednesday, as Republicans touted their legislation to change the financial regulatory regime and Democrats painted the plan as wrongheaded. “Dodd-Frank has been a greater...
Partisan Infighting as House Panel Holds Hearing on Hensarling Bill
The battle lines in the House debate over an overhaul of Dodd-Frank were drawn clearly Wednesday, as Republicans touted their legislation to change the financial regulatory regime and Democrats painted the plan as wrongheaded. “Dodd-Frank has been a greater...
4 Ways Fraudsters Exploit Mobile Devices
Customer expectations for frictionless mobile experiences lead to more opportunities for fraudsters, particularly when authenticating devices. And it’s due to variables that change suddenly, such as new phone numbers, SIM cards and carriers. The Atlanta-based...
NAFCU to Hensarling: Exempt CUs From CFPB Oversight
The Dodd-Frank overhaul being pushed by House Financial Services Chairman Jeb Hensarling (R-Texas) should exempt credit unions from CFPB rulemaking, NAFCU President/CEO B. Dan Berger said Tuesday. “While there are credible arguments to be made for the existence...