“Every day millions of people’s privacy and security are threatened by sophisticated fraudsters and rogue-state actors. A lack of regulatory standards and accountability leaves all ofus vulnerable.Regulators are focused on…
As we stated onlast week’s blogon “rent-a-banks,” the battle against the slippery predatory payday lenders is a long one; like a costly game of Whack-A-Mole, their wealthy backers and Washington…
The Consumer Financial Protection Bureau issued aproposed ruleon credit card late fees Wednesday morning. CUNA has major concerns with the proposal andwrote to the CFPBlast week urging it to conduct…
The NCUA yesterdayissuedtwo prohibition notices for January. The notice forbids an individual previously associated with credit unions from any future participation in the affairs of a federally-insured financial institution. Violation…
A lot can happen in 12 months. Interest rates are rising. Recession worries are mounting. But there is one concern that’s on the decline from executives at financial institutions across…
Voting is now open forCredit Union Magazine's2023 Credit Union Hero of the Year. The four finalists are: Amanda Merz, community impact manager at $4.6 billion assetSAFE Credit Union, Folsom, Calif.…
From state ballot initiatives and presidential pardons to federal legislation both passed and pending, 2022 was a busy year for the cannabis industry. With 2023 projecting to be just as…
I recently wrote a post about “Three Marketing Tips For 2023.” It gives several ideas about strategy and tactics you can immediately implement to improve the all-too-critical area of marketing.…
Innovation in commercial banking often lags the retail banking side, where product improvements roll out more frequently. But as Wells Fargo’s Reetika Grewal sees it, the development process for both…
Are you a fan of superhero movies? Do you enjoy watching the big-budget (and lets be honest, mostly CGI) triumph of good over evil? I do. My wife and I…
Peter Diamandis, founder and executive chairman of XPRIZE Foundation and executive chairman of Singularity University, will speak on Monday, Feb. 27, at 2023CUNA Governmental Affairs Conference(GAC). The session is sponsored…
The Federal Open Market Committee (FOMC) – the Fed’s monetary-policy setting arm – begins its first meeting of 2023 today and is expected to raise rates another 25 basis points.…
“Why are you a credit union director?” Ancin Cooley, principal ofSynergy Credit Union Consulting Inc., began his breakout session, “Amazing Boards Ask Great Questions” with this seemingly simple query atDirectors…
Videos are today’s most wonderful marketing tool…as long as they’re exciting. And some of the most exciting videos out there are sizzle reels. What’s a sizzle reel? It’s a short…
Your credit score is a three-digit number meant to reflect the risk you could pose to a lender when you borrow money. It offers a quick glance at your credit…
The collection of biometric information is becoming more prevalent in the credit union industry and in fintech as a whole. Consumers cannot easily change biometric information about themselves; therefore, theft…
Fintechs and traditional financial institutions have had an odd relationship over the past decade or so. Many fintechs started out declaring their intent to replace banks, then morphed into vendors…
The NCUA has released updates to its frequently asked questions on the current expected credit losses (CECL) accounting standard and its Simplified CECL Tool. VisitThe Simplified CECL Toolpage to download…
The Federal Reserve and White House offered insights into how they are working to mitigate cryptocurrency risks in the financial system with several releases Friday. The Fed issued a policy…
Most financial services executives that you speak are quite rational. Sometimes coldly so. I remember talking to a chief lending officer at a small regional bank operating out of the…
Even if you’re not a football fan, you no doubt heard aboutDamar Hamlin(jersey #3) — the Buffalo Bills safety who collapsed on the field during a game on January 2,…
While you’re doing everything you can now to be a healthy retiree, you’re still going to have the expected – and the unexpected – medical costs. In fact, a 65-year-old…
Today, we’re recapping the top stories from 2022 with Allied Solutions’ Senior Vice President and Chief Growth Officer, Mark Bugalski, as well as outlining Top Trends for 2023.
Many organizations approach their talent development efforts by randomly choosing a few focus areas for the next quarter or year. Some choose to have everyone read and study the advice…