NEW YORK—Get ready for a flood of credit card direct mail again.
Fresh Today
BRUSSELS, Belgium—The European Union (EU) is advancing plans to launch a post-pandemic bloc-wide digital wallet that is designed to provide consumers with a seamless way to digitally access public and private services.
WASHINGTON—The Conference of State Bank Supervisors (CSBS) is seeking public comment on proposed nationwide licensing requirements for money service businesses (MSBs). The comment period will end on July 23.
SAN FRANCISCO—Ripple is partnering with the National Bank of Egypt (NBE), the country’s largest bank.
CHARLOTTE, N.C.—One of the largest online banks in the U.S. is no longer charging overdraft fees.
MADISON, Wis.–More than 200 members of UW Credit Union have signed a letter objecting to a decision by the CU to move to a model of forced arbitration to resolve disputes.
WASHINGTON—National economic activity expanded at a moderate pace from early April to late May, the latest Federal Reserve Beige Book shows, although it adds growth is at a somewhat faster rate than the prior reporting period.
WASHINGTON–Moving forward, some 20% of work in the U.S. post-pandemic will be performed remotely, even as more than a third of employees say they want to continue to work from home, according to a new analysis.
WASHINGTON—NAFCU has joined with several other financial services industry trades in urging the Federal Reserve to offer an extension of the comment deadline for its proposal to make changes to Regulation II, which covers debit card interchange fees and network routing exclusivity.
WAYNESBORO, Va., — DuPont Community Credit Union here has signed a multi-year agreement for Lumin Digital's cloud-native platform for online and mobile digital banking solutions, the PSCU company announced.