equipifi, a fintech company enabling credit unions with buy now, pay later (BNPL) offers for purchases made on debit cards, was awarded with the CUNA Technology Council’s Best of Show Award at the 2023 CUNA Governmental Affairs Conference (GAC).
Treasury Secretary Janet Yellen and Secretary of State Anthony Blinken are scheduled to testify before Congressional appropriators this week, and CUNA is also engaged with small business and cybersecurity hearings.
CUNA Deputy Chief Advocacy Officer Jason Stverak encouraged members of Congress to visit credit unions in their state during the upcoming recess and to visit CUNA's Advancing Communities website to see how credit unions are making an impact on members and communities.
The CFPB must release the underlying data on which its credit card late fee proposal is based on and extend the comment deadline to give time for stakeholders to analyze the data, CUNA and other organizations wrote Thursday.
The NCUA Board approved its final rule on subordinated debt at its Thursday meeting. Board members also reiterated the safety and soundness of the credit union system in the wake of the Silicon Valley Bank collapse.
Credit Union Magazine’s Summer 2023 issue highlights the lending outlook for the rest of the year, how credit unions leverage fintech companies to boost digital lending, the power of lending partnerships, common Bank Secrecy Act violations, and the shift board members must make when becoming chair.