Brookfield, Wis. Fiserv, launched its Instant Issue Advantage wireless tablet solution, putting instantly issued and activated cards in the hands of verified financial institution cardholders to begin using right away. Instant Issue Advantage wireless tablet...
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?
What’s $1.8 Billion (At Least) Between Friends?
The NCUA has proposed merging the Temporary Corporate Credit Union Stability Fund into the National Credit Union Share Insurance Fund, and soon. And for the first time the regulator has asked credit unions themselves for input on how it’s managed those two funds...
Bitcoin Exchange Sees Complaints Soar as Users Demand Money
The most popular online exchange for trading digital currencies is generating a surge in customer complaints this year even as investors are lured by a dramatic rise in prices. The CFPB has received at least 293 complaints about Coinbase Inc., according to data...
More CUs Reopen in Flood-Ravaged Southeastern Texas
The Cornerstone Credit Union League reported Thursday that 60 credit unions are still closed while 41 credit unions have reopened throughout flood-ravaged Houston and the counties throughout Southeastern Texas. The league also reported nearly $400,000 has been raised...
Obscure Senator is Key CFPB Vote
Banks have a challenge when Congress returns from summer recess next week. His name is John Neely Kennedy. The freshman Republican senator from Louisiana is one of a handful of lawmakers who could squash the finance industry’s dream of tweaking a key CFPB...
Cordray Keeps Lawmakers Guessing With Possible Run for Gov.
CFPB Director Richard Cordray is once again refusing to tell House Financial Services Chairman Jeb Hensarling (R-Texas) whether he will fill out his term or resign to run for Ohio Governor. “At this time, I have no further insights to provide on that...