PLANO, Texas–Two credit union have announced new investments in the CUSO Illuma Labs.
Fresh Today
WASHINGTON—The Federal Trade Commission is sending payments totaling more than $1 million to 1,966 consumers who were harmed by a debt collection scheme that conned consumers into paying debts they did not owe
WASHINGTON—The Federal Trade Commission has taken action against online home buying firm Opendoor Labs Inc., for allegedly “cheating” potential home sellers by “tricking” them into thinking that they could make more money selling their home to Opendoor than on the open market using the traditional sales process.
NEW YORK—Buy now, pay later (BNPL) firm Splitit is reporting it is partnering with letus, a cloud-based payment platform for the rental market, via an Installments-as-a-Service integration.
HAMPSHIRE, U.K.– A new study from Juniper Research is forecasting the total number of digital wallet users will exceed 5.2 billion globally in 2026, up from 3.4 billion in 2022.
CHICAGO–TransUnion said it is partnering with the University of Texas at Austin McCombs School of Business to underwrite an effort to “push the frontiers of financial data science.”
BASINGSTOKE, U.K.– The number of Buy Now Pay Later users will surpass 900 million globally by 2027, up from 360 million in 2022, according to a new forecast from Juniper Research.
SACRAMENTO–The California Department of Financial Protection and Innovation (DFPI) has issued a citation against Buy Now, Pay Later provider Four for offering illegal loans in the state.
CUPERTINO, Calif.—Over the last 12 months Apple Pay has extended its already big lead over other providers of mobile wallets and now has 48% of all in-store mobile wallet payments in the United States, with second place Google Pay far behind at 17%, a new study shows.
ALEXANDRIA, Va.–In this the third part of a three-part series this week on mergers in CUToday.info, a number of CUs seeking to merge say they will make capital distributions—one of which is making the payout several months ahead of its member vote—while another says it can’t pay anything to members because the funds went to its three employees.