ARLINGTON, Va.—Add NAFCU’s chief economist to those who expect last week’s report on inflation to force the Fed to move more quickly than it would like on raising rates.
Fresh Today
MADISON, Wis.–UW Credit Union is reporting it has increased its Foundation Wage to $17 from $16, marking a 35% wage increase since 2015.
MEDIA, Penn.–Another small credit union is citing “unprecedented” pressures and is making plans to merge.
IRVINE, Calif.– Origence, a CU Direct brand, said it has entered into a partnership with LoanStar Technologies to provide retail merchant financing to credit unions.
RENO, Nev.–America First Credit Union said it has entered into a long-term partnership with the University of Nevada Reno athletics program.
WASHINGTON—Credit card interest rates have been rising steadily and the average recently surpassed 17% for only the second time ever, new Federal Reserve data show.
WASHINGTON–A new advisory from FinCEN addresses the growing use of anonymity-enhanced cryptocurrencies (AECs) used in ransomware schemes and the ways that perpetrators launder ransomware proceeds.
WASHINGTON–Credit unions in the process of rolling out holiday-related loan and card marketing efforts might want to target those a little closer to home.
NEW YORK–Life is like a box of bitcoin. Or at least it is now for diners at certain restaurants, including Bubba Gump Shrimp, Morton's The Steakhouse, and the Rainforest Café, where patrons will soon have the option to earn bitcoin every time they order a meal or a drink.
MCLEAN, Va.–Capital One continues to make sweet travel card offers sweeter. The company has launched Venture X, which offers customers enhanced earn everywhere, with 2X miles on every purchase, plus enhanced earn on travel, including 10X on hotels and rental cars, and 5X on flights booked via Capital One Travel.