BROOKFIELD, Wis.–Fiserv said it has made a number of moves to enable businesses of all sizes across a range of industries to support in-demand digital payment options and to expand their touch-free payment capabilities via a new relationship with PayPal.
Fresh Today
BASEL, Switzerland–In a move the World Council of Credit Unions says deserves watching, the Basel Committee on Banking Supervision published two reports related to climate change.
CHARLOTTETOWN, P.E.I.–Members of four credit unions here have voted in favor of merging into one CU.
DUBLIN, Ireland–Flush with so much in deposits that some credit unions have capped member accounts, a group of about 40 CUs in this country are taking advantage of a relaxation of investment restrictions in 2018 to invest more than €150 million in a corporate bond fund.
WASHINGTON–The nation’s retailers have filed a lawsuit seeking to have the Federal Reserve lower its 10-year-old cap on the swipe fees being charged to process debit card transactions, saying the agency wrongly applied federal law and that merchants have paid billions of dollars more than intended by Congress while banks’ costs have fallen.
RANCHO CUCAMONGA, Calif.—As the COVID-19 vaccine rollout continues to progress, enabling the U.S. economy to slowly reopen, consumer spending patterns are finally beginning to take on a familiar hue, according to new analysis from CO-OP Financial Services.
WASHINGTON—With the former acting chief of the Office of the Comptroller of the Currency issuing a warning that overturning his agency's "true lender" rule could reduce credit available to many consumers, Senators adjourned a hearing on so-called “rent-a-bank” schemes with little indication how the issue might ultimately be settled.
WASHINGTON—The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will implement a new refinance option for low-income borrowers with enterprise-backed single-family mortgages.
ALBANY, N.Y.–Albany Firemen’s FCU has a new name. The credit union is now NY Firefighters Bravest FCU.
WASHINGTON—In which U.S. counties are American consumers filing the most complaints? The Consumer Financial Protection Bureau has issued a tally.