Federal Judge Dismisses ICBA Suit Over NCUA’s MBL Rules

A federal judge in Virginia on Tuesday dismissed the suit filed by community bankers challenging the NCUA’s new Member Business Lending Rules. Judge James C. Cacheris of the Eastern District of Virginia said the lawsuit filed by the Independent Community Bankers...

CUNA Mutual Group Invests in Mobile Lending Tech Firm

A branch of CUNA Mutual Group said Tuesday that it has invested in a California technology firm that provides credit union members with an easy way to explore and apply for loans online or via their mobile devices. CMFG Ventures, LLC, the new venture capital entity of...

Credit Union Technology Updates: What to Watch

Many credit unions recently completed or signed for core system conversions and other major technological upgrades over the past few months Here’s a look at some of the latest technology moves. Carmel, Ind.,-based Baker Hill announced that $1.2 billion...

Fintech Firms Form New Trade Group

In the wake of proposed new regulations, a coalition of fintech companies has formed a new trade group aimed at ensuring consumers can access and share financial data with third-party companies. The organization, called the Consumer Financial Data Rights group,...