ST. PETERSBURG, Fla.– Despite inflation, strong consumer purchasing activity can be seen in the latest PSCU Payments Index, which includes member spending data through May.
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ARLINGTON, Va.—Total retail sales fell by 0.3% in May after having increased 0.7% in April and increasing another 1.2% in March.
PLYMOUTH, Minn.–TruStone Financial Credit Union said it has entered into the first known name, image, likeness (NIL) deal with a high school athlete in the state.
RANCHO CUCAMONGA, Calif. –Despite economic headwinds and mounting recessionary concerns, consumers are continuing to spend, Co-op Solutions reported.
WASHINGTON—The CFPB has issued a new blog post on buy now, pay later (BNPL) and credit reporting that reviews the harms associated with BNPL providers failing to furnish data to consumer reporting agencies, and recommends three specific changes to the way in which BNPL data is reported.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued an advisory to alert financial institutions to the “rising trend” of elder financial exploitation (EFE).
ALEXANDRIA, Va.–NCUA has announced the end of its “World of Cents” app effective June 30.
CALGARY, Alberta–An unknown number of credit unions across Canada have been hit by a “cybersecurity incident.”
NAPERVILLE, Ill.–Alloya Corporate CU has announced it will again host its Credit Union Executive Leadership Symposium at the Westin River North in Chicago from Sept. 7-9, 2022.
MERIDEN, Conn.– Aluvy, a new online loan participation platform, has been launched by the Credit Union League of Connecticut and its wholly owned subsidiary, League Services Corp.