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.
NEW YORK (4/7/16)--The National Federation of Community Development Credit Unions will partner with TCT Risk Solutions to provide risk management services and support to member credit unions designated as community development financial institutions and low income.
ST. PAUL, Minn. (3/30/16)--Minnesota Item Processing Corp., a wholly owned subsidiary of the Minnesota Credit Union Network, has formed a partnership with OnApproach, a provider of data analytics solutions for credit unions.
LONDON and SIOUX FALLS, S.D. (3/28/16)--Cloud-based ATM hardware, software and processing opens the ATM environment to providing services beyond cash, according to a white paper from the ATM Industry Association.
MADISON, Wis., and HAUPPAGE, N.Y. (3/23/16)--CUNA Mutual Group and GrooveCar subsidiary CU Xpress League announced the expansion of their collaboration into Florida, California, New Jersey, New York and Massachusetts.
Consumer Financial Protection Bureau Director Richard Cordray will step down from the agency by the end of the month after serving since 2013. CUNA President/CEO Jim Nussle said CUNA looks forward to a new era at the bureau, one that takes credit unions’ structure and purpose into account during rulemakings.
Credit unions now have less than six months to come into compliance with FinCEN's Customer Due Diligence rule, effective May 11, 2018, which includes provisions on identifying the beneficial owners of legal entity accounts.