Just as we have never seen a presidential administration as unusual as our current one, we have never in our recent history seen such powerful political activism and discussion taking place nationwide. My social media news feeds are filled with rants about President...
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?
House Passes Bill to Give Trump Control Over NCUA, CFPB Rules
The House on Wednesday passed legislation that would require independent agencies, such as the NCUA and CFPB, to submit rules to the Office of Management and Budget before they are published—essentially giving the president tight control of the rule-making...
Corporate One, D+H Accelerate Move to Real-Time Payments
Toronto-based D+H Corporation announced its collaboration with the $3.7 billion Columbus, Ohio-based, Corporate One Federal Credit Union to accelerate the ability to offer members real-time payments. The credit union plans to use D+H’s cloud-based testing...
Refinances Surged to the End in 2016
Real estate loan originations continued strong growth in the last three months of 2016 as homeowners continued to refinance despite — or perhaps because of — rising mortgage rates, according to an ATTOM Data Solutions’ report released Thursday....
Online Fraud Spikes, Study Finds
America’s migration to EMV has crippled some types of card fraud, but the risk of online fraud is on the rise — especially during the holidays — according to new data from the Merchant Risk Council and fraud-technology company Forter. The indexed...
DOL Proposes 60-Day Fiduciary Rule Delay
The Department of Labor on Wednesday released a proposed rule to extend for 60 days the applicability date of its fiduciary rule under the Employee Retirement Income Security Act. The proposal, which includes a 15-day comment period, would extend the rule’s...