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.
WASHINGTON—Inflation’s relentless upward pace took something of a breather during July, when on a seasonally-adjusted basis, overall consumer prices were unchanged over the prior month but were still up considerably over one year earlier.
RIVERDALE, Utah–America First Credit Union said it will now accept Utah and Arizona mobile driver’s licenses (mDLs) as a valid form of identification at all of its 121 branch locations.
TACOMA, Wash.– CU Strategic Planning has introduced a new Board DEIBA (diversity, equity, inclusion, belong and accessibility) Institute. The initiative is being led by Ronaldo Hardy, chief people officer and co-owner of CU Strategic Planning.
WASHINGTON—NAFCU and CUNA have joined with several other organizations in filing an amicus brief with the United States Court of Appeals for the Eleventh Circuit arguing that the Fair Credit Reporting Act (FCRA) requires furnishers and consumer reporting agencies (CRAs) to investigate factual inaccuracies, not legal disputes.
WASHINGTON—The Consumer Financial Protection Bureau has issued warnings around violations of financial consumer laws due to not safeguarding consumer data, while separately telling digital marketing providers for financial institutions they must comply with federal consumer financial protection laws.
CHICAGO–An executive with TransUnion is urging CFOs at auto dealerships to either start or grow their partnerships with credit unions as vehicle prices continue rising.
IRVINE, Calif.–Origence has introduced its arc DX member-facing origination portal, saying it will help credit unions meet the demands of today’s digital-first members.
HONOLULU–From the 50th state, Hawaii State FCU has become the 50th and final member of Filene’s “Inner Circle” to sponsor its research centers.
