To mark International Credit Union Week, nearly 90 CU credit union representatives from New York, New Jersey, the National Credit Union Foundation and even NCUA succeeded in getting themselves on TV last week during a broadcast of NBC's Today Show. The credit union contingent, wearing CU T-shirts and carrying banners, were part of the crowd that is featured outside the show's TV studio. Credit unions also handed brand t-shirts to Today show regulars Al Roker, Matt Lauer, and Ann Curry.
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The Consumer Financial Protection Bureau is considering a proposal to reduce its oversight of auto finance lenders, saying the benefits of supervision may not justify the "increased compliance burdens."
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A regulatory filing Wednesday sheds more light on how the megamerger came together. It also details the compensation arrangements for Comerica CEO Curtis Farmer, who will become Fifth Third's vice chair.
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The credit union fintech and core provider partnered to launch three new agentic AI-powered tools for credit unions that work with existing systems.
November 5 -
As Standard Chartered boss Bill Winters says cash will soon fully give way to digital currency, Western Union, Worldline, Coinbase and Ripple entered separate collaborations to bring digital assets to wider audiences. That and more in the American Banker global payments and fintech roundup.
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At its first investor day in a decade and a half, the nation's second-largest bank pegged its guidance for return on tangible common equity at a slightly higher level than what it reported last quarter. Not all investors were impressed.
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Voters across the country swung hard to the left in yesterday's off-cycle elections, showing an acute interest on affordability issues ahead of the 2026 midterms.
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