Safe news and trends

A Look at U.S. Initiatives on AI Use and Its Development
artificial intelligence // November 03, 2023

President Biden issued an executive order on Monday (Oct. 30) on artificial intelligence (AI) to ensure that America leads in harnessing the potential of AI while managing its risks.  Two days later, on Wednesday (Nov. 1), the Biden Administration followed up the executive order with...

PSCU Extends Debit Processing to SAFE Federal Credit Union
Credit Unions // October 04, 2022

Payments credit union service organization (CUSO) PSCU has expanded its relationship with SAFE Federal Credit Union to offer debit processing support as well as credit processing. Based in Sumter, South Carolina, and founded in 1955, SAFE has $1.6 billion in assets and 133,000 members in seven...

China To Widen Scope Of Blockchain Cross-Border Platform
Blockchain // December 26, 2019

China is in the midst of planning to build out its blockchain cross-border pilot platform, according to Lu Lei, the deputy head of the State Administration of Foreign Exchange (SAFE), as Reuters reported. Lu said the regulator will reinforce the fusion of FinTech and the...

CUs Try To Solve The Cannabis Cash Conundrum
Credit Unions // August 12, 2019

Pot is legal across several states, illegal nationwide, and cash still dominates transactions. But might CUs offer a salve for at least (some) banking needs?  Separately, Apple gains scrutiny in Russia, and blockchain gets some runway from regulators in South Korea.

Quick Reads
A Look at U.S. Initiatives on AI Use and Its Development

November 03, 2023
President Biden issued an executive order on Monday (Oct. 30) on artificial intelligence (AI) to ensure that America leads in harnessing the potential of AI while managing its risks.  Two days later, on Wednesday (Nov. 1), the Biden Administration followed up the executive order with guidance on how the federal government is to use AI, […]

PSCU Extends Debit Processing to SAFE Federal Credit Union

October 04, 2022
Payments credit union service organization (CUSO) PSCU has expanded its relationship with SAFE Federal Credit Union to offer debit processing support as well as credit processing. Based in Sumter, South...

China To Widen Scope Of Blockchain Cross-Border Platform

December 26, 2019
China is in the midst of planning to build out its blockchain cross-border pilot platform, according to Lu Lei, the deputy head of the State Administration of Foreign Exchange (SAFE),...