LONDON—Fintech has gobbled the lion’s share of capital in European tech for the past two years, but after a strong 2021, there are signs that growth might be cooling, a new report suggests.
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MENLO PARK, Calif.—Another fintech has entered a market that’s long been the domain of traditional financial institutions.
SNELLVILLE, Ga. – The African-American Credit Union Coalition (AACUC) has launched the Rosemary Brinkley C-Level Leadership Development Program (BDLP), which it said is aimed at establishing a pipeline of diverse executive leaders in the credit union industry.
WASHINGTON—A number of members of Congress are urging creation of a central bank digital currency—but without the central bank.
WASHINGTON–A new GAO report on household access to banking services states there is limited availability of small-dollar loans from banks and credit unions.
WASHINGTON – WASHINGTON – The National Consumer Law Center is praising the CFPB for taking action against TransUnion and its longtime executive, John Danaher, for violating a 2017 law enforcement order.
ONTARIO, Calif.–A law firm said it is seeking to represent customers of Wells Fargo and JPMorgan Chase as part of a class action that alleges the two big banks “improperly and illegally” charged customers overdraft fees on debit card transactions while at the same time using arbitration clauses to prevent customers from bringing claims.
ALEXANDRIA, Va. – NCUA has released its new Charter Application Guide and other resources it said are designed to assist people who want to bring federally insured financial services to their communities by starting a federal credit union.
COLUMBUS, Ohio — The Ohio Credit Union Foundation has inducted four people into the William A. Herring Society, which recognizes CU leaders for their “unwavering commitment and contribution to members, their credit union, and their communities.”
WASHINGTON—Illustrative of the risks to financial institutions from politics and other divisive issues, dozens of Republican lawmakers are urging the U.S. to cancel government contracts with Citigroup after the banking giant offered to pay the travel costs for employees seeking abortions.