by GrafWebCUSO | Jan 12, 2017 | News
The Department of Labor’s fiduciary rule could be delayed “within days” of the new administration through action taken by Labor, instructions from the White House, or pending court cases, David Hirschmann, president and CEO of the U.S. Chamber of...
by GrafWebCUSO | Jan 11, 2017 | News
When Anthony Murgio took over a credit union as a front to operate an illegal Bitcoin operation, he posted on Facebook that he needed a CEO. “Anyone interested in running a credit union in New Jersey? We are looking for a new CEO,” Murgio’s Facebook...
by GrafWebCUSO | Jan 11, 2017 | News
Tomorrow’s point-of-sale terminals will be less than 10 inches wide and shun mag stripe readers, according to a prototype revealed by Diebold Nixdorf this week. The company, which is headquartered in Ohio and Germany, said its “Extreme Self-Checkout...
by GrafWebCUSO | Jan 11, 2017 | News
Three House members have reintroduced legislation that would allow credit unions to make loans that finance the purchase of small apartment buildings. Similar legislation has been introduced in past Congresses, but have not passed. Known as the Credit Union...
by GrafWebCUSO | Jan 11, 2017 | News
CO-OP Financial Services this week released its list of candidates for its THINK Prize 16 — a competition for entrepreneurs who want to revolutionize how credit unions and other financial institutions help aging consumers. Winnowed down from 137 entries, the 30...
by GrafWebCUSO | Jan 11, 2017 | News
CFPB Director Richard Cordray should resign as the Obama Administration ends, new Senate Banking Chairman Mike Crapo (R-Id.) said this week. “I think he should submit his resignation and allow the president to select his own person,” Crapo said, in a brief...