Bill would create paid parental leave option

By Douglas Clark  |   September 20, 2021   |   Federal

A pair of lawmakers are slated to reintroduce a measure they said seeks to create a voluntary option with regard to paid parental leave. Sens. Marco Rubio (R-FL) and Mitt Romney (R-UT) maintain the...

Read More

FMI survey shows spike in food e-commerce sales

By Douglas Clark  |   September 17, 2021   |   Featured

Survey findings from FMI, the Food Industry Association, determined 95 percent of food retailers with e-commerce options experienced online sales increases in 2020 due to pandemic-related changes in c...

Read More

FDIC selects Tech Sprint teams

By Douglas Clark  |   September 15, 2021   |   Industry

Federal Deposit Insurance Corporation (FDIC) officials said three teams have been selected to help banks meet the needs of unbanked consumers via the agency's Tech Sprint initiative. Goalsetter, NA...

Read More

IRI advocates retirement savings plan measure

By Douglas Clark  |   September 14, 2021   |   Federal

Insured Retirement Institute (IRI) officials said the organization supports proposed House Ways and Means Committee legislation that would result in small business workers gaining workplace retirement...

Read More

NCUA details financial performance data

By Douglas Clark  |   September 13, 2021   |   Industry

National Credit Union Administration (NCUA) financial performance data maintains federally insured credit unions reported net income growth of $11.9 billion in the second quarter of 2021. Officials...

Read More

ICI releases 401(k) activity study findings

By Douglas Clark  |   September 10, 2021   |   Industry

A new study from Investment Company Institute (ICI) found that Americans continued to save for retirement through their 401(k) plans despite ongoing COVID-19 pandemic economic stresses. ICI's Defin...

Read More

Bill seeks to advance environmental justice

By Douglas Clark  |   September 9, 2021   |   Federal

Reps. Dwight Evans (D-PA) and Nikema Williams (D-GA) have introduced legislation they said seeks to advance environmental justice via tax credits for research and other academic programs. The lawma...

Read More

Bill targets credit union lending limit increase

By Douglas Clark  |   September 9, 2021   |   Federal

A pair of lawmakers have introduced a measure they said would increase the credit union lending limit, thereby aiding small business loan access. Officials said Reps. Vicente Gonzalez (D-TX) and Br...

Read More

FinCEN to host digital identity workshop

By Douglas Clark  |   September 8, 2021   |   Federal

The Financial Crimes Enforcement Network (FinCEN) is hosting a workshop focused on the role of digital identity in improving financial services inclusion while countering illicit activity undermining ...

Read More

SEC outlines accounting misconduct complaint

By Douglas Clark  |   September 8, 2021   |   Featured

The Securities and Exchange Commission (SEC) filed a complaint against The Kraft Heinz Company and two former company executives alleging various types of accounting misconduct. Per the SEC's order...

Read More

NCUA funds target outreach efforts

By Douglas Clark  |   September 7, 2021   |   Industry

The National Credit Union Administration (NCUA) earmarked $1.5 million in Community Development Revolving Loan Fund (CDRLF) grants to aid low-income credit union outreach initiatives. Officials ind...

Read More