The Office of the Comptroller of the Currency recently issued its Semiannual Risk Perspective for Spring 2017, identifying areas where technology is increasing the strategic and operational risks the financial industry faces. Increased competition from fintech firms...
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?
Fiduciary Debate Rages On as Wagner Pushes DOL Rule Alternative
Lawmakers and industry officials debated the merits Thursday of draft legislation put forth by Rep. Ann Wagner, R-Mo., that would repeal the Department of Labor’s fiduciary rule and apply a best interest standard to broker-dealers when providing investment...
Big Banks See Home, Car Loans Fall
New earning reports show two big banks struggling with home and auto loans.
Credit Unions Appoint New CEOs
A new batch of credit union CEOs are announced to take the lead at several CUs across the country.
Bilingual Employees Benefit Employers in Multiple Ways
Several studies say having bilingual employees is good for business.
CFPB’s Cordray Says OCC Has No Right to Challenge Arbitration Rules
CFPB's Cordray fires back saying that the OCC cannot challenge arbitration rules.