America’s Credit Unions Chief Advocacy Officer Carrie Hunt reiterated key points of the credit union difference in a message sent to lawmakers Monday. The proactive message was sent ahead of the Independent Community Bankers Associations’ hill hikes scheduled for this week. In the message, Hunt reminded members of the House and Senate of meetings with …
An overwhelming majority of small businesses oppose proposed changes to the credit card interchange system, according to Small Business Payments Alliance (SBPA) research released this week for National Small Business Week. The SBPA is a project of the Electronic Payments Coalition, of which America’s Credit Unions is a member. The survey found: In addition, nearly …
The Financial Crimes Enforcement Network (FinCEN) today will host a webinar on beneficial ownership information (BOI) reporting requirements. The webinar will begin at 2 p.m. Eastern and is available on FinCEN’s YouTube channel. In February, FinCEN passed a final rule on BOI access to govern who can access BOI and how it can be accessed. …
