FARMINGTON HILLS, Mich. (4/11/16)--GreenPath Inc., a CUNA Strategic Services strategic alliance provider, is now operating as GreenPath Financial Wellness, with a commitment to assisting consumers with financial challenges beyond debt.
ST. JOHNS, Newfoundland and Labrador (4/8/16)--Verafin, a provider of fraud detection and anti-money laundering software, has added a new analytic to help credit unions and other financial institutions detect suspicious tax refunds.
Aware of the many challenges confronting the successful management of a small credit union in today’s financial services environment, the Cooperative Credit Union Association will be taking further steps throughout the upcoming year to help ease the burden these credit unions face.
The ATM Industry Association has launched an ATM Security training course. The training outlines the most common security threats to ATMs, as well as what best practices mitigate the risks of each type of attack.
Since CUNA’s compliance staff compiled a list of changes in mortgage interest reporting under the IRS’s Form 1098, several questions have arisen. CUNA’s compliance staff has been able to connect with a coalition of consumer mortgage lenders to provide answers.
After months of advocacy by CUNA, the CFPB Thursday wrote to CUNA announcing it will initiate a rulemaking this summer to address issues with the bureau’s Truth in Lending Act-Real Estate Settlement Procedures Act integrated disclosures rule.
The Financial Accounting Standards Board voted Wednesday to proceed with its current expected credit loss proposal, which defers the original effective date for one year for entities such as credit unions--a change sought by CUNA in its comments to FASB.