PYMNTS

SEPTEMBER 23, 2019

CUs are expanding their reach to previously underserved marketplaces, too, thanks to a relaxation of hemp-related laws. New guidance published from the National Credit Union Administration (NCUA) lifts the requirement to file suspicious activity reports for hemp farmers, granting them access to CU services without oversight.

Credit Union 63

Credit Union NCUA Online and Mobile Banking Underserved 63

Faster Payments Council

SEPTEMBER 12, 2022

Regulators encourage these efforts to educate and set a high bar, as evidenced in public commentary by NCUA board member and former chair Rodney Hood. The Emerging Markets Coalition and the National Association of Cannabis Businesses have partnered to craft standards in all things money. What will this look like in the coming years?

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88

PYMNTS

JANUARY 19, 2018

Dean Heller recently introduced a provision that would require the National Credit Union Administration (NCUA) to hold public hearings on its budget. The bipartisan bill would enable more CUs to add underserved communities to their membership, no longer limiting this to credit unions with multiple common bond charters. Nevada Sen.

Credit Union 40

Credit Union NCUA Data Breach Breach 40