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AI Transparency Bills Introduced in House by Rep. Waters as House Fin’l Services Committee Preps Tech Hearing

Account Recovery

that aim to provide regulators with more transparency about how companies in the financial services industry are using artificial intelligence. The bills were introduced days before the House Financial Services Committee holds a hearing on “How Technology is Shaping the Future of Finance.”

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Why More Credit Unions Are Outsourcing Debt Recovery Earlier

Optio Solutions

Why More Credit Unions Are Outsourcing Debt Recovery Earlier Credit unions exist to serve their members, not to chase down delinquent payments. One approach gaining traction is… The post Why More Credit Unions Are Outsourcing Debt Recovery Earlier first appeared on Optio.

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Q4 Industry Insights: Looking Good on Paper, Feeling Bad in Wallets, Everyone’s Uncertain on Financial Outlook

True Accord

With inflation proving more sticky than policymakers had hoped and uncertainty around how the new administrations policies might affect it, it may take longer for people to see lower interest rates on their mortgages, car loans and credit card balances, which could prove challenging to household budgets.

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Should You Bank With Square?

Nerd Wallet

Credit cards Credit cards Explore more credit card resources Best credit cards Best credit cards Best credit card bonus offers Best balance transfer credit cards Best travel credit cards Best cash back credit cards Best 0% APR credit cards Best rewards credit cards Best airline credit cards Best college student credit cards Best credit cards for groceries (..)

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How Credit Unions Can Reinvent Themself to Attract Millennials

Nexa Collect

Credit Unions must (seriously) reinvent their brand for millennials to compete for account deposits and financial services. Do credit unions really not have what young people want, or are they just not focusing their sales and marketing on what is actually a very natural fit?

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Why Is a Credit Union Better Than a Bank?

Credit Corp

You can open an account with a traditional bank, set up an online bank account , or choose a neighborhood credit union. As you’re reviewing your options, you may see some claims that credit unions are better than banks. Why is a credit union better than a bank for some people? What Is a Credit Union?

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Consumer Protection and Safety and Soundness Perspective of Credit Union Regulation

Troutman Sanders

Please join Consumer Financial Services Partner Chris Willis and his guests and colleagues James Stevens and Carlin McCrory as they discuss the consumer protection and safety and soundness sides of credit union regulation.