NEW YORK—A growing number of consumers—especially those with low incomes—are using fintechs, a new study reveals.
Fresh Today
GREENSBORO, N.C.–Vizo Financial Corporate Credit Union said it has partnered with DefenseStorm, a provider of cybersecurity solutions specifically for financial institutions, to give credit unions a suite of cybersecurity services to protect their networks and information.
NEW YORK—Americans continue to show they are willing to continue to pay higher prices in the face of an economy that could be tipped into a recession, according to credit card giants American Express and Bank of America.
BASINGSTOKE, U.K.–A new study from Juniper Research is projecting the global transaction value of the B2B payments market will exceed $111 trillion in 2027, from just over $88 trillion in 2022.
WASHINGTON–The consumer price index rose less than expected in October, an indication that inflation pressures may be starting to cool, although two economists said it’s likely the Fed will again raise rates in December.
BRONX, N.Y.–New York Episcopal FCU has been granted a federal charter and share insurance fund coverage by NCUA, the third federal credit union to be chartered in 2022.
MADISON, Wis.—Summit Credit Union has paid a patronage dividend of $2.5 million to members.
WASHINGTON–The median sales price of an existing single-family home in the U.S. continues to rise, but at a slower pace.
WASHINGTON—The Consumer Financial Protection Bureau (CFPB) has released a new complaint bulletin that it said highlights complaints the CFPB received related to crypto-assets.
TUKWILA, Wash.–BECU has named a new president and CEO to succeed the retiring Benson Porter.