NEW YORK—While it set some records, Black Friday shopping this year also revealed consumers are relying more on point-of-sale credit and financing—as well as digital channels—than ever before.
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SAN FRANCISCO—Merchants in the United States that use Square’s point-of-sale technology and that also accept American Express will be getting a credit card from Square in coming months that will run on AmEx’s network, according to a new report.
AmEx Piloting Program That Allows Applicants to Test Card Preapproval Without Affecting Credit Score
NEW YORK—A new program is being piloted by American Express in which select applicants can find out if they are approved for a credit card without affecting their credit score.
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.
WASHINGTON–After another strong jobs report, two credit union economists are offering their forecast for what the data mean for the Fed and how aggressive it will remain with rates.
ARLINGTON, Va.—Credit union leaders’ outlook on the economy and the future of their organization dropped in November, according to NAFCU’s latest Credit Union Sentiment Index (CUSI).
MIAMI–Executives at a number of Paycheck Protection Program (PPP) lenders obtained millions in PPP loans for themselves using means that might have been fraudulent in their own right, according to a new congressional investigation.
WASHINGTON—The Federal Housing Finance Agency (FHFA) is being asked by NAFCU to extend the effective date for targeted changes to the government-sponsored enterprises’ (GSEs) guarantee fee pricing to March 1, 2023.
WASHINGTON—The Consumer Financial Protection Bureau has taken action against Loan Doctor to resolve claims the company and its founder, Edgar Radjabli, deceived consumers into thinking they were depositing funds into a guaranteed return savings product within a commercial bank.
MADAWASKA, Maine–Susan G. Whitehead has announced her retirement from the $240-million NorState Federal Credit Union. During her 34 years with NorState FCU, Whitehead has held various positions and has spent the last nine years as president/CEO, according to the Maine Credit Union League.