Now that the Supreme Court has upheld the Consumer Financial Protection Bureau’s funding mechanism as constitutional, the fate of the agency’s credit card late fee rule and the small business…
The House Financial Services Committee passed the America’s Credit Unions-supported CDFI Fund Transparency Act (H.R. 3161) Thursday by a voice vote. The bipartisan bill would require Congressional testimony on the…
I recently attended Jazzfest in New Orleans where I got to see The Rolling Stones, one of my favorite bands, and I wanted to spend some time on the podcast…
We all have the same 24 hours in a day, so the question is: How can you do more in that time to improve outcomes? Allied's Senior V.P. of Risk…
We’ve recently been notified of Man-In-The-Middle attacks that have resulted in attackers jackpotting ATMs. The most recent attacks are connected to unsecure Remote Monitoring Systems (RMS). Still under investigation, these…
In this episode of the Banking Transformed podcast,The Financial Brand’sJim Marous sits down with Devesh Khare, chief product officer at MeridianLink, a leading provider of cloud-based software solutions for financial…
The U.S. Supreme Court upheld the manner in which the Consumer Financial Protection Bureau is funded. The opinion was written by Justice Clarence Thomas who reversed the decision of the…
Keeping up withcredit card debtis getting more difficult. Americans now owe$1.12 trillion on theircredit cards, the Federal Reserve Bank of New York reported Tuesday. The average balance per consumer stands…
Congress, the NCUA, and other regulators should work together to ensure credit unions can continue to serve millions of consumers, America’s Credit Unions President/CEO Jim Nussle wrote to theHouse Financial…
Any way you look at it, the United States Postal Service’s pilot program to allow consumers to cash a business or payroll check in exchange for a gift card has…
Have you heard of seven-layer salad? How about the seven layers of defense? In the world of cybersecurity, there is a constant battle to protect our information. As the world…
U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations…
With the next Finovate conference on the horizon, we’re looking forward to discussions about emerging trends and new tech that always take place – especially about the growth in embedded…
Consumer fraud lossestotaling more than $10 billion in 2023— up 14% over the past year — should be a wake-up call to community banks and credit unions that fraud is…
How it works: HappyOrNot®Smiley Digital surveys appear within the credit union’s MeridianLink®deposit and loan application sessions. The timely, easy. and fun-to use surveys achieve very high response rates. Why this…
The Federal Reserve and CFPB Mondayannouncedthe inflation-adjusted Regulation CC dollar thresholds that will take effect July 2025. Regulation CC governs the availability of funds from customer deposits and the collection…
Yet another federal government agency, the Congressional Research Service, is warning that as credit unions use more technological services, they face significant operational risks because the National Credit Union Administration…
There’s no question that generative AI tools are having a moment right now. JPMorgan’s CEO Jamie Dimon called the technology “transformational,” saying that it could be as impactful as the…
"The mother of all [blank]." Put whatever you want in the blank; the meaning is still the same. Best in class. The greatest around. The big kahuna. But think of…
In the world of personal finance, the choice between a credit union and a bank can be a pivotal decision. But what exactly sets these two institutions apart, and why…
Technological advancements and changing consumer demands are reshaping our financial services industry, requiring credit unions to adapt and innovate like never before. With fierce competition around every corner, converging technology…
FEAR! Wait, I know if you’ve readmy articlesbefore, you’re likely thinking, “NOT AGAIN!” Stick with me. I want to take a deeper dive into this thing called “fear” and provide…
America’s Credit Unions PAC has launched itsCredit Union Elections Hub, a resource to track election results from the primaries through the general election. As of May 13, 133 out of…
Business continuity events and disasters can happen at any moment, be it an outage, a cyberattack, a severe weather event, or a natural disaster. It’s when these crises happen that…