Insights from Catalyst

Since the announcement that the London Interbank Offered Rate (LIBOR) would be phased out at the end of 2021, many new developments have occurred. The main development has been the Alternative Reference Rate Committee (ARRC) replacing the U.S. dollar LIBOR with the Secured Overnight Financing Rate (SOFR). Other developments have included increased SOFR-based issuances, standardized fallback language and the development of a SOFR term structure.

Business Email Compromise is a scam that targets both businesses and individuals performing wire transfer payments.​ The scam is frequently carried out when a subject compromises legitimate business email accounts through social engineering or computer intrusion techniques to conduct unauthorized transfers of funds.​

How can credit unions differentiate themselves from competitors and not just survive, but thrive, in today’s digitally-driven market? Two words: digital transformation.

The effective date for the new Current Expected Credit Loss accounting standard, or CECL, has been extended, so now what?

Catalyst Corporate's 2019 Economic & Payments Forum shed some light on what credit unions can do to push to the forefront of our industry. The recipe for success isn’t as complex as one might expect.