WASHINGTON — The Internal Revenue Service has announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season.
Fresh Today
WASHINGTON— U.S. federal agencies such as the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), should consider a ban on cryptocurrencies, according to Sen. Sherrod Brown (D-OH).
LITTLE CANADA, Minn.— MN Catholic Credit Union has named a new president and CEO to succeed David Sawin, who is retiring after 16 years leading the organization.
NEW YORK–The New York State Department of Financial Services (DFS) has released proposed guidance for New York State-regulated banking and mortgage institutions it said is designed to help them manage “safety and soundness” risks related to climate change.
WASHINGTON—The U.S. Faster Payments Council (FPC) has published the second edition of the Cross-Border Payments Bulletin in its Faster Payments Knowledge Center.
MADISON, Wis.—Loan balances were up again in October, according to the latest CUNA Mutual Group Trends Report, which offers a forecast for what 2023 may hold for lending that is both favorable and not so favorable.
WASHINGTON–The Federal Trade Commission has ordered an end to what it called “illegal business tactics” by Mastercard, saying the company has been forcing merchants to route debit card payments through its payment network. The FTC is requiring Mastercard to stop blocking the use of competing debit payment networks.
PLANO, Texas—Household wealth declined to $135.3 trillion as of Sept. 30 from $135.8 trillion at the end Q2, the third consecutive quarter household wealth has declined, a new analysis shows.
TROY, Mich.— Small business owners who’ve spent several months battling inflation are bracing for an even bumpier road ahead, according to the J.D. Power 2022 U.S. Small Business Credit Card Satisfaction Study.
SIOUX FALLS, S.D.–Two South Dakota credit unions have announced merger plans.