MILWAUKEE—Fiserv said it has partnered with the NBA’s Milwaukee Bucks and Nancy Lieberman Charities to construct a “Dream Court” in Milwaukee’s Sherman Park neighborhood, Fiserv announced.
Fresh Today
DUBUQUE, Iowa—Dupaco Community Credit Union is reporting its members have set a new record when it comes to its popular Holiday Savings account.
TYSONS, Va.— The PenFed Foundation, the charitable arm of PenFed Credit Union, announced it raised more than $1.7 million at its 17th Annual Night of Heroes Gala. In addition, during the event the creation of the PenFed Foundation Afghan Rescue and Resettlement Program was announced support a group of female Afghan special forces soldiers who served alongside U.S. Army soldiers and risked their lives to protect U.S. troops.
WASHINGTON—Issues related to IRS reporting proposal, NCUA authority over third-party vendors and more were addressed in a letter sent by NAFCU ahead of a House Financial Services Subcommittee hearing on cyber threats, consumer data, and the financial system.
WASHINGTON—Despite growing inflation pressure, the Federal Open Market Committee ended its two-day meeting today leaving rates unchanged.
NCUA DEI Summit Coverage: Harper Shares 3 Stories from Indiana to Urge Move from Intention to Action
ALEXANDRIA, Va.–NCUA Chairman Todd Harper kicked off the agency’s second DEI Summit by saying the objectives of the three-day event are to changehow people see diversity, equity, and inclusion; to understand how to implement programs and initiatives to support DEI, and to learn how the credit union industry can advance the principles each day.
WASHINGTON—The rapidly growing buy now, pay later (BNPL) solutions in the market must be subjected to greater regulatory oversight, NAFCU stated in a letter to the House Financial Services Committee Task Force on Financial Technology. The letter was sent ahead of a hearing held by the committee on BNPL offerings that are being driven primarily by fintechs and which allow consumers to spread out payments on purchases.
WASHINGTON—The Consumer Financial Protection Bureau has a key role in policing cryptocurrency payments and doesn’t need to wait for other agencies to act before taking steps to crack down on abuses in the market, according to Senator Elizabeth Warren (D-MA).
WASHINGTON–During a House hearing titled “Buy Now, Pay More Later? Investigating Risks and Benefits of BNPL and Other Emerging Fintech Cash Flow Products,” a representative of one national consumer group shared with Congress a number of concerns over the rapidly growing BNPL solutions.
COSTA MESA, Calif.–Strong response by banks to the Paycheck Protection Program (PPP) has driven record-high satisfaction among small business customers, according to J.D. Power, which noted dedicated account managers “make a difference.”