Although instant payments have been the subject of much attention, consumers and businesses continue to rely on wire transfers. That’s why the upcoming Fedwire migration to the ISO 20022 standard…
The start of a new month is always an opportune time to revisit your financial situation. And withinflationstubborn (but significantly reduced) andinterest ratesstill high, this June is an important time…
When it comes to emerging technologies in the financial services industry, the use of artificial intelligence is front and center. However, AI comes with its own set of challenges—including not…
As we move fast and furiously into a digitally connected economy,paymentsmodernization is essential. After all, how businesses and consumerspay,and get paid, is central to defining the future of both commerce…
Comments on several regulatory proposals affecting credit unions are due in the coming weeks, including to NCUA on records preservation, and the agency’s annual regulatory review: June 3: Cybersecurity and…
Personal finance has been an American obsession since Benjamin Franklin’s 1737 almanac offered “Hints For Those That Would Be Rich,” including this pearl of wisdom: “A penny saved is two…
WASHINGTON (AP) — The IRS said Thursday it will make permanent the freeelectronic tax return filing systemthat it experimented with this year and is asking all 50 states and the…
Elan Credit Card recently presented awebinarto financial industry decision makers on how to navigate credit card issuing in an uncertain economic environment. Brian Bugg, CFA, VP, Director of Strategic Partnerships…
The world of coding, especially as it relates to the financial industry, is understandably vast. Don’t let this intimidate you. If anything, it should excite you about all the different…
In an era of rapid technological advancement,there remain certain immutable aspects— particularly for payments. When it comes tothe waybusinesses and consumers transact, speed, security and convenience are far fromevergoing out…
Imagine you're the director of a blockbuster film. Every month, you need a new set designed, a fresh script and even a change in cast. Sounds overwhelming, right? Especially if…
The NCUA has added a new financial technology and digital assets section to its website.The webpageincludesfrequently asked questions (FAQs)about share insurance coverage and custody for cryptocurrencies and digital assets, as…
Citizens FinancialGroup has explored more than 90 different use cases for generative artificial intelligence. Only two have gone into production thus far. “We really work to make sure we have…
The U.S. lifted some financial restrictions againstCubaon Tuesday, in a movedesigned to boostprivate businesses on the island. The measures will allow independent entrepreneurs to open and access U.S. bank accounts…
This round of jurisdictional ping pong goes to theCFPB. A federal judge in Texas hasbounced a lawsuitchallenging the consumer protection agency’s credit card late fees cap back to Washington, D.C,…
One thing I am always open to is admitting when I am wrong. As I’ve gotten older and matured as a leader, I’ve had to look back at things I’ve…
Memorial Day is a great summer kick-off celebration for so many families. And rightfully so…June is just around the corner, the kids are finishing up school and the weather is…
America’s Credit Unionsopposes a changeto the Customer Identification Program (CIP) rule to allow the partial collection of a social security number (SSN) for identity verification purposes. Credit union concerns are…
The significant increase in entrepreneurial activity following the pandemic has caused a rise in disruptions in markets across all sectors, particularly evidenced by the widespread adoption of new technologies. A…
This week, both the House and Senate are out of session. With lawmakers back home, credit union advocates have an opportunity to connect with key decisionmakers one-on-one in their districts.…
Rating agencies reportedly expect a greater share of the lowest-quality investment-grade bonds to be downgraded than to be upgraded. That’s the first time this has been the case in this…
WASHINGTON, May 28 (Reuters) - U.S. house price growth slowed sharply in March, likely as rising mortgage rates weighed on demand, data showed on Tuesday. Prices edged up 0.1% in…
Elan Credit Card has been a corporate sponsor and supporter of the African-American Credit Union Coalition (AACUC) since 2022. The collaboration has included a financial education event benefiting hundreds of…
(Bloomberg) -- Stocks fluctuated at the start of a holiday-shortened week, with traders wading through a raft of economic reports and remarks from Federal Reserve speakers for clues on the…