NASCUS Report Archives
Mar. 29, 2024: CFPB Updates
CFPB Takes Action to Halt False Claims of ‘Free’ International Money Transfers the Consumer Financial Protection Bureau (CFPB) issued a new circular warning remittance transfer providers that false advertising about...
SAFECOM and NCSWIC Develop 911 Cybersecurity Resource Hub
Looking for cybersecurity resources for your Emergency Communications Center (ECC) but do not know where to start? Overwhelmed with resources and not finding what you are looking for? SAFECOM and...
NCUA Releases 2023 Annual Report
The National Credit Union Administration today released its 2023 Annual Report, highlighting the agency’s activities, policy initiatives, and accomplishments for the past year. “In 2023, the NCUA focused its efforts on...
ABA: Americans Want Congress to Examine CU Tax Exemption & Allow Cannabis Banking
A new survey commissioned by the American Bankers Association has found consumers believe Congress should examine the credit union tax exemption, and also allow cannabis banking. In the survey conducted...
FHFA Announces 2024 Generative AI in Housing Finance TechSprint
The Federal Housing Finance Agency (FHFA) today announced its second TechSprint, an in-person team-based problem-solving event hosted by its Office of Financial Technology. FHFA’s Generative Artificial Intelligence (AI) in Housing...
Video: AKUVO’s Mossman and NACSCU’s Matusiak Share Ukraine Efforts Update
AKUVO President/CEO Jay Mossman and NACSCU (Poland) President/CEO and CEO of Via Stella Foundation Rafal Matusiak stopped by our set at the Underground Collision event in Washington, D.C., to provide an update on relief efforts going...
Podcast: Time to Embrace AI
Show Notes Associate Professor at DePaul University and Filene Fellow Lamont Black believes credit unions must stop sitting on the sidelines with AI.
Senator Seeks Progress Update from Federal Regulators to Strengthen Banks
One year after the collapse of Silicon Valley Bank, U.S. Sen. Elizabeth Warren (D-MA) is seeking an update from federal banking regulators on steps taken to strengthen regulatory standards for...
USDA Report: Economic Impact of the U.S. Biobased Products, Hemp Research, & Innovation
On March 8, 2024, the U.S. Department of Agriculture honored the second annual National Biobased Products Day, “a celebration to raise public awareness of biobased products, their benefits and their contributions to...
FHA Announces New Loss Mitigation Payment Supplement Option
Amidst record-level interest rates, on February 21, 2024, the Federal Housing Administration (FHA) announced a new loss mitigation option, the Payment Supplement, to aid struggling borrowers...
Why A Financial Regulator Is Going After Health Care Debt
In the past two years, the CFPB has penalized medical debt collectors, issued stern warnings to health care providers and lenders that target patients, and published reams of reports on how the health care system is undermining the financial security of Americans...
CFPB Bans Excessive Credit Card Late Fees, Lowers Typical Fee from $32 to $8
Final rule closes 2010 loophole exploited by credit card giants. The Consumer Financial Protection Bureau (CFPB) finalized a rule today to cut excessive credit card late fees by closing a...