Catalyst News

The U.S. Department of the Treasury has made a key change to its guidelines for cashing savings bonds at financial institutions. The change, a response to the recent uptick in savings bond fraud, gives financial institutions greater discretion in deciding whether to cash savings bonds for new members or non-members.

Catalyst Corporate, in partnership with anti-financial crime management pioneer Verafin, introduces its real-time fraud detection solution for domestic and international wire transfers – Fraud Verify.

With loan growth projected to top seven percent in 2022, a quick analysis of loan pricing and spreads could be helpful for credit unions looking for the potential of stronger earnings.