PURCHASE, N.Y.—Amid a wave of recent crypto partnerships, Mastercard has struck a non-fungible token (NFT) payments deal with Coinbase.
Fresh Today
BROOKFIELD, Wis.—Fiserv has received a top score of 100 for the second consecutive year on the Human Rights Campaign Foundation’s Corporate Equality Index, the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.
WASHINGTON—The remaining defendants in a deceptive student loan debt relief scheme are permanently banned from providing all student loan debt relief products and services in settlements with the Federal Trade Commission.
NEW YORK—Standard credit cards may still be consumers’ preferred way to pay, but contactless methods are waiting in the wings.
WASHINGTON–Whatever hopes credit unions have of for favored legislation to pass in this Congress continue to run up against bigger issues that are likely to delay their agenda.
ADAMSVILLE, Tenn.–Citing both the usual—“expanded products and the services”–and the frequently heard—inability to keep up with “required regulations”–10 more credit unions have announced plans to merge, with only a few reporting a payout of net worth back to members and one saying four of its executives will receive bonuses as the result of the merger.
TUSTIN, Calif.–Two credit unions have announced compensation increases for entry-level positions.
MADISON, Wis.–CUNA Mutual Group and four credit unions have become the first to commit to a new “FinHealth Fund” that is seeking to raise $10 million over the next five years.
WASHINGTON–Federal legislation that would allow financial institutions to serve cannabis businesses could make a comeback in the current Congress.
ROCHESTER, N.Y.–Genesee Co-op FCU said its workers have unanimously chosen to form a union with the Communications Workers of America (CWA), after the credit union said it earlier voluntarily recognized CWA as the representative of its employees.