WASHINGTON—The Senate Banking Subcommittee held a hearing this week to examine the digital dollar, focusing on ensuring privacy, security, and countering China’s attempts to become the reserve currency.
Fresh Today
CHESTERFIELD, Mo.— The pandemic has affected the sales of F&I products both online and at the dealership, a new study shows.
NEW YORK—Is stolen credit card data losing its luster among thieves?
WASHINGTON–Damon Smith, who previously served as CUNA’s senior director of advocacy and counsel, has been nominated by President Biden to serve as general counsel at the Department of Housing and Urban Development (HUD).
KAHULUI, Hawaii—Maui County Federal Credit Union said it has selected PSCU for its debit processing services.
CINCINNATI—Car lease credit applicants registered a 69.9% approval rate in May, just a brake tap below the 70.7% approval rate in April, Swapalease.com is reporting.
TYSONS, Va.–The PenFed Foundation has announced a new Black Veteran Student Loan Repayment Program, with funding provided by Purefy, a Washington, D.C.-based technology platform.
MIAMI–A new survey of 2,000 global consumers released by Mambu has found both banked and unbanked individuals feel underserved, with 56% of banked customers claiming that there are other services they should be able to access.
MADISON, Wis.–In partnership with United Way, UW Credit Union is awarding 27 organizations located throughout the greater Milwaukee and Madison areas with racial equity program grants totaling $1.5 million.
LONG ISLAND CITY, N.Y.–United Nations FCU is reporting it attained seven out of the eight goals it set for itself with its inaugural five-year Sustainability Action Plan, while also announcing a new set of goals for the next five years.
