by GrafWebCUSO | Apr 10, 2017 | News
CUSOs are innovation platforms for credit unions, allowing credit union owners to share risk and expenses when building better and sometimes revolutionary systems, products or channels to serve their members. Fintech firms are the very essence of innovation and...
by GrafWebCUSO | Apr 10, 2017 | News
A new strategic partnership between the New York Credit Union Association and the San Francisco-based fintech company SimplyCredit aims to help New York’s credit unions combat online disruption and accelerate lending growth. Through the partnership, SimplyCredit...
by GrafWebCUSO | Apr 10, 2017 | News
Credit unions in February held their largest share of the nation’s credit card debt ever as the nation’s credit debt remained near record levels, according to the Federal Reserve’s monthly Consumer Credit report released Friday. Credit unions held...
by GrafWebCUSO | Apr 10, 2017 | News
This past week, six credit unions announced new hires, promotions and appointments. Plus, one credit union mourned the passing of its CEO and PSCU promoted an executive. WEST The $1.8 billion Numerica Credit Union in Spokane, Wash., hired Josh Melcher (pictured)...
by GrafWebCUSO | Apr 7, 2017 | News
A bipartisan group of Senators said Thursday that they plan to reintroduce the 21st Century Glass-Steagall Act just as President Donald Trump’s economic adviser Gary Cohn voiced support for the move. Elizabeth Warren, D-Mass., along with...
by GrafWebCUSO | Apr 7, 2017 | News
Auto lending fraud has been rising for several years, but it remains hidden in credit losses, according to new research by a San Diego, Calif-based technology firm. After 2016 auto lending originations soared to historic high levels, the downstream effects are now...
