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During his time with the company, Hogg directed its transformation from Interbank to Mastercard and helped expand the card brand's global presence.
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The Birmingham, Ala., company warned in its earnings call that moves by the central bank could make it harder to lower costs.
July 19 -
Bruce Adams, who previously served as general counsel to Connecticut Lt. Gov. Nancy Wyman, will join the Credit Union League of Connecticut next month.
July 19 -
A court ruling deals a blow to efforts by HUD to restrict nonprofit housing funds from operating on a national scale; most banks get another year to implement CECL; PNC chief William Demchak plans to enter more markets and more from this week’s most-read stories.
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The idea of a common digital identity for consumers has become more compelling amid the digitalization of the world's economy. Many bank and credit union executives consider it a natural fit, one the industry should be prepared to lead on.
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After rising between 2016 and 2018, the card issuer's charge-off rates are now steady. The trend reflects both the impact of tighter underwriting standards and the continued resilience of U.S. consumers.
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From Red Cross donations to charity golf outings, scholarships for educators and more, here's another look at how credit unions are giving back.
July 19 -
ZestFinance is bringing its machine learning software ZAML to Brazilian retailer Via Varejo and its digital banking subsidiary Banqi to power the credit underwriting for Varejo’s “carnês” point-of-sale microfinance lending product.
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The California Consumer Privacy Act goes into affect next year and other states are likely to follow suit. Credit unions need to evaluate their data management practices.
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Lenders have learned that automated wealth management tools enhance financial advisers' interaction with clients and can bring in more business.
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