WASHINGTON—While credit unions are already heavily regulated, the same can’t be said for the increasingly popular “buy now, pay later” (BNPL) products solutions being used by many consumers, CUNA wrote to the Senate Banking, Housing, and Urban Affairs Committee.
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WASHINGTON—The buy now, pay later (BNPL) market has exploded, but borrowers may be receiving uneven disclosures and protections, according to a new report from the CFPB, which also outlines steps it plans to take.
WASHINGTON–The Office of the Comptroller of the Currency has hired what some are calling its first “climate cop.”
WASHINGTON–Representatives of Inclusiv were on hand at the White House for a celebration of the passage of the Inflation Reduction Act (IRA).
BIRMINGHAM, Ala. – The former manager of a credit union has been charged with embezzling more than a quarter-million dollars.
WASHINGTON – More than 100 consumer, civil rights, and labor groups are calling on CFPB Director Rohit Chopra to exercise the agency’s authority to limit forced arbitration clauses, which the said are “commonly buried in the fine print of consumer financial contracts to eliminate the rights of customers seeking accountability when scammed, cheated, or defrauded by big banks.”
ALEXANDRIA, Va. – NCUA has opened registration for its third summit focused on diversity, equity, and inclusion. The event, to be held both in-person and virtually, is scheduled for Nov. 2 – 4.
CHICAGO–More than 150 people were in attendance during Alloya’s eighth annual Credit Union Executive Leadership Symposium. The three-day event at the Westin River North also included an additional 80 attendees who streamed the event live.
LAS VEGAS–The Underground will be holding its newest “Collision” on Oct. 22-23 as part of what it is calling a “2Xperience,” and for the first time it ispartnering with the Kinecta FCU board as part of the event.