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Sen. Elizabeth Warren said small financial institutions have continued to be profitable despite new rules under the Dodd-Frank Act while raising fresh warnings about unnecessary changes to the financial reform law in the guise of regulatory relief.
February 12 -
From earnings reports and special partnerships to new legislation and better branding, all in one handy wrap-up of the latest industry news.
February 12 -
Credit unions are largely supportive of NACHA's proposal to speed up payments processing to same-day transactions, but both CUNA and NAFCU expressed concerns with some aspects of the proposal, not the least of which is whether consumers will be getting enough bang for the bucks that financial institutions will have to invest to bring this to fruition.
February 12 -
When it comes to mobile banking technology firm Digital Insight's new replacement for passwords, the "eyes" have it.
February 12 -
MIDDLETOWN, Conn. Seasons Federal Credit Union on Wednesday said it has received CDFI certification from the U.S. Department of the Treasury's Community Development Financial Institutions Fund.
February 12 -
With the EMV deadline looming ever closer now fewer than eight months away card issuers need to start ramping up consumer education efforts.
February 12 -
LAS VEGAS One Nevada Credit Union continued its strong recovery with net income of $7 million in 2014, the now $729 million CU reported.
February 12 -
American Express, the biggest U.S. credit-card issuer by customer purchases, said its co-brand and merchant agreements with Costco Wholesale in U.S. stores will end next year.
February 12 -
Temenos, a Geneva-based provider of core banking software to the financial services industry, has acquired Akcelerant, a financial services software company based in Philadelphia.
February 11 -
WASHINGTON The U.S. Small Business Administration (SBA) and NCUA have jointly announced a partnership aimed at encouraging credit unions to make more SBA-backed loans and urging small businesses to turn to CUs for such loans.
February 11 -
Apple's mobile wallet has been out for just four months, and already it has shaken up the way mobile payments operate at the point of sale. It has faced pushback from some merchants and banks, but it has also popularized new forms of security and other payment technology.
February 11 -
CUs announce retirements, promotions, new hires and more.
February 11 -
The Armed Forces Financial Network elected Frank Padak, president and CEO of Scott Credit Union, as its new chairman.
February 11 -
In unusually expansive comments, Consumer Financial Protection Bureau Director Richard Cordray provided new details Tuesday about proposals due soon from the agency while offering insights into an internal battle over easing a key mortgage rule.
February 10 -
The Senate Banking Committee's first look at regulatory relief for small institutions provided key insights into how the panel is likely to tackle the topic legislatively this year, suggesting it could be a long and contentious debate.
February 10 -
WASHINGTON U.S. Sens. Jerry Moran (R-Kan.) and Heidi Heitkamp (D-N.D) have introduced a bill aimed at alleviating the regulatory burden related to privacy notices.
February 10 -
The creation of a new cybersecurity agency is the latest move by the Obama Administration to combat the increasing threat of cyber-attacks.
February 10 -
Hackers in several financial services industry data breaches targeted customer-contact information that is often thought of as less sensitive. But crooks can use that data and other bits of stolen info to do great harm.
February 10 -
AUBURN HILLS, Mich. Members of the Tri-Pointe Community Credit Union of Grand Blanc, Mich., approved a proposal to merge the institution with Genisys Credit Union here at a recent special membership meeting.
February 10 -
LONGVIEW, Texas East Texas Professional CU saw member sales increase at the same time average visit times decreased after implementing a new lobby tracking system.
February 10







