SANTA FE, N.M.–A new analysis by DepositAccounts has taken aim at how much consumers can save — or “leave on the table” — by shopping/not shopping for the best annual percentage yield on checking and savings accounts, and the numbers are “significant,” the company said in releasing the findings.
Fresh Today
NEW YORK—Even though this year’s Black Friday sales revenue dipped from levels seen in 2021, there is a bright spot to be found in digital payments, according to one analysis.
LONDON–With travel perks highly prized by most cardholders, a majority still say they would be willing to give their valuable, hard-earned credit card points and rewards to someone they care about as a gift, according to a new survey.
NEW YORK—Nearly half of all gift card sales occur in the last two months of the year, and that trend is expected to continue in 2022, a new report indicates.
WASHINGTON–After some fintechs and other providers have claimed or implied they carried or carry FDIC insurance, the federal bank regulator has proposed a new rule that seeks to eliminate such misrepresentations.
LONDON—The U.K. could make it difficult for crypto companies to advertise to clients within its borders if a new proposed bill is passed into law, according to a new report.
ATLANTA– The $2-billion LGE Community Credit Union said it has entered into a definitive agreement to purchase Greater Community Bank, which has branches in Bartow, Floyd, and Gordon counties in Georgia.
WASHINGTON—An indicator of just how the oversight environment for the CFPB is going to change when the new Congress is sworn in was apparent during a House hearing here.
WASHINGTON—The Consumer Financial Protection Bureau has missed many opportunities to leverage credit unions’ mission and history to benefit consumers, CUNA told the House Financial Services Committee leadership.
WASHINGTON—A new television commercial is being aired that claims soaring credit card “swipe” fees are limiting what consumers can afford to buy this holiday season.
