Lending

Public orders are an effective way to discourage violations of consumer protection law, the bureau's director said at a credit union conference.

Stripe is joining the throng of providers offering merchant loans based on payment receivables with Stripe Capital, a service for e-commerce companies already using Stripe for payments processing.

Higher net interest income and securities gains boosted quarterly profit to $62.6 billion, which was 4% higher from a year earlier. But potential trouble signs from lower interest rates may emerge.

Loans and net income continued to rise while delinquency rates improved. Other major trends continue, including ongoing consolidation amid sustained membership growth.

Softbank is following an investment in Wirecard by adding the company's services to Brightstar, a Softbank subsidiary that distributes and manages wireless devices.

Whether it's new loan products or the chance to make a first impression with potential members, the start of the academic year offers a host of growth opportunities.

Institutions in the Badger State reported that lending was up by almost 6% and delinquencies remained at historic lows.

Credit unions have largely moved past their distrust of fintechs, but plenty of institutions still face challenges when it comes to finding the right vendors.

The most recent Credit Union Trends Report from CUNA Mutual Group is “indicative that both the credit cycle and the U.S. business cycle are moving into their last stage before the next economic slowdown,” according to one economist.

Competition for deposits is tight, the outlook for loan demand is uncertain, and regulatory relief is slow-moving. Yet community bankers are feeling better about the economy than they have in two years, a Promontory Interfinancial Network survey found.