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Credit Unions Unite Behind Digital Banking

PYMNTS

These and other 19 th -century proto-cooperatives were the forerunners of today’s credit union (CU) community. Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of indifferent, legacy-style banking. Digital Unison. The Shore Porters Society.

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New condo safety laws: Three things community associations should consider

PopularBank

Recently, Florida passed SB 4-D, a new safety regulation for condominium and cooperative association buildings. Building inspections are required for community buildings in all 67 counties in Florida that are three or more stories in height. Popular Bank is the mainland subsidiary of Popular, Inc. banks by assets.

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Using P2P Payments To Bank More Of The Unbanked

PYMNTS

She said the global pandemic has simply advanced a movement that has been underway for years, which has sought to provide banking access and digital financial services to underserved communities, mostly through mobile devices. Crypto And AI/ML.

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TRENDING: How Credit Unions Give Digital The Personal Touch

PYMNTS

Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. How Digital-First CUs Can Break The Impersonality Barrier. percent within the past year, total assets have risen 6.4

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OCC and FDIC issue joint proposal to revise CRA regulations; Ballard Spahr to hold Jan. 29 webinar

CFPB Monitor

The OCC and FDIC have issued a joint proposal to revise their regulations implementing the Community Reinvestment Act (CRA). Although the Federal Reserve, OCC and FDIC, are the primary CRA regulators, the Fed did not join the proposal and presumably will issue a separate proposal.

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Virgin Money Buyout By CYBG Receives All-Clear

PYMNTS

billion, finalizing one of the largest bank mergers since the financial crisis, according to reports in Independent.ie Financial Conduct Authority (FCA) and the Prudential Regulation Authority, as well as shareholders’ votes in favor of the deal. on Monday (Oct. The final approval followed clearance from the U.K.

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The Biggest Banking, Regulatory Challenges For Today’s Entrepreneur

PYMNTS

National Small Business Week is this week in the U.S., and finance experts are celebrating with new data on the state of the entrepreneurial community. But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too.

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