By 2028, the global digital banking market size is estimated to surpass$10.3 trillion—an omnipresence that regional banks and credit unions cannot afford to ignore. Financial institutions (FIs) need to step…
The new year is now in full swing. Activity is picking up at organizations as they execute their 2023 plans, with leaders at the forefront of this acceleration. However, studies…
The Consumer Financial Protection Bureau’s (CFPB) rulemaking on personal financial data rights has thecapacity to fundamentally transformfinancial services. That’s what CUNA submitted on Wednesday to the CFPB’s Small Business Advisory…
The NCUA yesterday published aLetter to Credit Unionsregarding operating fees for 2023. In the letter, the agency announced an average 1.8 percent decrease in federal credit union operating fees in…
One of the toughest things about being a leader in the credit union space is that there are always challenges to face, and they’re constantly evolving. “Since the beginning of…
As we approach the end of January, the 2023 CUNA Governmental Affairs Conference (GAC) is only a month away. In this episode of theCUNA News Podcast, CUNA Executive Vice President…
Small businesses are a driving force in the U.S. economy. They employ61.7million workers, which accounts for46.4%of all US employees. This shows how heavily the small businesses drive the economy, however…
Here’s a look at what DCUC sees in 2023: 4 Big Things to Know About Congress Congress will continue its push for more defense spending, but a slim Republican majority…
As we discussed inPart 1 of Modernizing the Property Valuation Process, the housing market has experienced dramatic changes that have presented many challenges for appraisers. Although the market has shifted,…
Credit cards are undergoing a transformation. The cards — whether actual plastic or an account residing in a digital wallet — increasingly offer a range of payment and credit possibilities,…
As you go through life, you’re going to have severalfinancial goals. One of the biggest ones, however, will be putting aside enough money so you can live comfortably when you’re…
The Treasury’s Community Development Financial Institutions (CDFI) FundannouncedTuesday it will delay proposed changes to its certification application to carefully review all public comments. This comes after CUNA, Leagues, credit unions,…
The CFPB Tuesdayissued a request for informationfor its biennial report on the state of the consumer credit card market. Relatedly, the bureau is expected to release a proposed rulemaking this…
When your consulting practice is built on helping credit unions improve their technology, one of the best things you can do is to learn from your own mistakes, particularly if…
No leader's path is the same. But all leaders have certain things in common, authenticity, kindness and honesty just to name a few. Today, Jennifer Pham joins me to discuss…
The banking industry is increasingly leveraging innovations in alternative data to underwrite loans for consumers and small businesses. This can make a significant impact in communities that Minority Depository Institutions…
For 60 years, the Defense Credit Union Council (DCUC) has continued its role as an industry leader and a core part of the fabric that keeps our military strong and…
How well is you credit union meeting the needs and expectations of bankers in thedigital world? Today, credit unions need software that will allow them to compete with the convenience…
Super Bowl ads are among the most watched and most memorable television spots every year. When Fox airs Super Bowl LVII on Sunday, February 12, it is expected to attract…
Happy Wednesday, compliance pals!I just returned from a long-weekend conference in New Orleans, and I feel a bit carb-loaded from all of the amazing food, but especially the beignets. Now…
A prospective member enters to apply for a loan or even open a share certificate. To do so, you must help open a membership for them. When asked if they…
The Federal Communications Commissionshould terminatethe exemption to call authentication requirements of the TRACED Act for non-IP networks or set deadlines for providers to upgrade to IP networks or implement an…
At the American Bar Association’s Consumer Financial Services Committee meeting, which concludes today, NAFCU Senior Regulatory Compliance Counsel Rebecca Tetreau provided insights on Regulation E during one of the event’s…
In the last two years atDiligent Institute, directors have been indicating on surveys and in interviews something that we had long suspected: Many boards are growing overwhelmed. New challenges to…