A recent report from the credit reporting company shows that 3/4 of Millennials are willing to switch financial institutions, often for better interest rates, better rewards, and better customer service.
Financial information firm NerdWallet shares which fintech trends credit unions should be embracing in 2015.
Every enhanced member service presents an opportunity for more regulation. The CFPB is zeroing in on how mobile banking impacts unbanked and underserved consumers.
“A key success was a special election victory by Suzanne Bonamici (D-OR). Bonamici’s win, which was made possible because of the great work of the Northwest Credit Union Association and its member credit unions, created a bond so strong that after being sworn into office her first action was co-sponsoring the House MBL bill.”
The three major regulation changes (Regs. E, Z and FACTA) that went into effect today mark the turning point for the majority of the changes we will see in 2010.