Syndicated

The Senate yesterday voted 80-19to confirm Jerome Powell’s nomination to serve a second term as Federal Reserve Board Chair; he will serve a four-year term. The Senate Banking Committee in…

Consumers and businesses increasingly expect payments to move quickly and securely, anywhere in the world. As the speed of payments increases and settlement happens in real time, fraud and risk…

The2022 Co-op THINK Conferencefeatured sessions on consumer preferences and behavior, cryptocurrency, payments, financial well-being, and more. In this episode of the CUNA News Podcast, we share conversations Senior Editor Ron…

As the CEO & Co-Founder ofSandbox Banking, a company that connects financial institutions with fintechs,Ravi Balasubramanianhas an excellent vantage point for all the innovation happening in the banking industry. In…

It wasn’t so long ago that artificial intelligence (AI) in banking seemed futuristic. Now,AI in the banking industry is officially mainstream as use cases mature from nice-to-have, cutting-edge options into…

As we elevate Mental Health Awareness during the month of May, we start to think more consciously about how we are treating our mind, body, and spirit. As leaders, it’s…

A lot of the focus around the Great Resignation has been on employees and how their attitudes towards work have changed during the COVID-19 pandemic. That’s understandable, since they’re the…

NCUA and other federal financial regulators issued a joint rulefinalizingsignificant changes toFlood Insurance Questions and Answersmade by theBiggert-Waters Flood Insurance Reform Act of 2012and theHomeowner Flood Insurance Affordability Act of…

The House Wednesday passed H.R. 5911, the Fair Hiring in Banking Act, by a 329-88 vote. The bill, originally introduced by Senator Joe Manchin, D-W.Va. and led in the House…

As we continue marching towards final adoption of the Fair Accounting Standards Board’sASC-326(a.k.a., current expected credit loss, or CECL for short) in January 2023, community banks and credit unions are…

The Consumer Financial Protection Bureau (CFPB) recently released itsSupervisory Highlightscovering issues arising during examinations between July 2021 and December 2021. The CFPBissues theSupervisory Highlightstwice a year to provide insight on…

LendKey has observed consumer demand for student loan refinancing is up 23% year over year for newly approved applications compared to the same time last year. Credit unions can put…

One of the unexpected issues the first Apollo mission encountered had nothing to do with the mission itself. Instead, it was the ability of astronauts to obtain adequatelife insurance. They…

As the banking and financial services industries at large continue to onboard the latest digital products, the pressure continues to build on credit union cooperatives everywhere to keep pace and…

It’s safe to say that the United States Postal Service (USPS)’s banking pilot has not been a hit. The USPS reported Tuesday that between January 1 and March 30, just…

CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’sApril Consumer Index Report: “April's core price index, which excludes food and energy, accelerated after a…

The CFPB released its2021 Fair Lending Annual reportto Congress onMonday, revealing that throughout the year, the bureau mainly focused its fair lending supervision efforts on mortgage origination and pricing, small…

As a young professional just out of college, I decided I wanted to manage people. Leadership seemed so glamorous—having the authority to make decisions, being in charge of a department…

Roughly 1,900 payments executives and practitioners convened in Nashville last week for more than three days of content extending well beyond Nacha's traditional automated clearinghouse (ACH) turf. The 2022 Smarter…

We often associate “innovation” with paradigm-shifting breakthroughs that disrupt entire industries. But most of the time, innovation is incremental. Or as Ben Maxim, VP of Digital Strategy & Innovation at…

Authentication measures can stop fraud before it happens. However, the bad guys are getting more clever and are finding ways around traditional authentication measures to commit fraud. New trends in…

We recently wrapped our 2022 Overseas Sub-Council Conference in Florence, Italy. Sub-Councils are an important part of DCUC’s work because they give us an opportunity to focus on regional issues.While…

Historically, conversations regarding personal finances, or financial wellness, were generally kept to a minimum. For the most part, financial struggles or victories were treated as something to keep to oneself.…

Worldwide Foundation for Credit Unions awarded six credit union professionals theInternational Credit Union Development Educator(I-CUDE) designation Tuesday as the I-CUDE Class of 2022. The new educators, across the international credit…