WASHINGTON–A report from the Consumer Financial Protection Bureau (CFPB) that is critical of how the three big credit bureaus respond to consumer complaints is being hailed by one consumer group.
Fresh Today
NEW YORK—Debit trumps credit usage when consumers shop in physical stores, while credit cards are the most popular payment method for online purchases, according to a new study from Pymnts.com.
WASHINGTON—More than $1.1-billion in Emergency Rental Assistance (ERA) is being distributed by the Treasury Department to states and cities that spent the first round of aid quickly as a result of the COVID-19 pandemic.
TAMPA, Fla.–Saying it is committed to being a preferred employer of the Tampa Bay area, GTE Financial Credit Union said it has made changes in 401(k) policy to reflect that commitment.
NEW YORK—Chase and United Airlines have released a new co-branded credit card: the United Quest Card.
NEW YORK—It’s well-known the pandemic has accelerated the adoption of mobile payment platforms used at point-of-sale, but what may not be as clearly apparent is how dramatically the number of mobile payments is rising, according to one new analysis
SAN FRANCISCO—The payments fintech Square has now launched a streetwear collection based on its Cash App brand.
DUBAI, U.A.E— The United Arab Emirates-based Mashreqbank has agreed to pay $100 million to the New York Department of Financial Services, the Federal Reserve, and the Office of Foreign Asset Control (OFAC) for violation of the now-repealed Sudan Sanctions Regulations.
WASHINGTON–Mortgage rates in the U.S. hit their highest levels since May 2020, helping to drive up the costs of buying a home at the same time home prices are already near record highs.
WASHINGTON–CUNA has announced that those planning to attend its annual Governmental Affairs Conference, which begins at the end of February, will need to provide proof of vaccination against the coronavirus in order to attend.
