NEW YORK—More economic analysts say the end of the pandemic and its effect on the economy is in sight, and the major card issuers apparently agree.
Fresh Today
NEW YORK—Policymakers may need to intervene to reduce the fintech gender gap, according to a new paper from the Bank of International Settlements.
WASHINGTON–The former acting chief of the Office of the Comptroller of the Currency believes blockchain could be an ideal way to expand services to the underbanked.
NEW YORK—One of the nation’s largest banks, Citi, believes Bitcoin is at a “tipping point” and could one day “become the currency of choice for international trade” as companies like Tesla and PayPal warm to it and central banks explore issuing their own digital currencies.
WASHINGTON–CUNA and its affiliated state leagues have sent a joint letter to members of the NCUA board seeking additional relief for those credit unions facing prompt corrective action (PCA) as a result of declining net worth ratios due to share growth.
LAKEWOOD, Colo—Credit union leaders expect greater compliance burden and more changes to occur within financial services from the Democratic-controlled administration than what was seen under the former Trump administration, a new study reveals.
NEWARK, N.J.—Another credit union is facing a lawsuit that alleges unfair overdraft practices.
WASHINGTON–Mortgage rates continued to rise last week just as the spring buying season is approaching, but even though home prices have also been skyrocketing, the two trends are not expected to put much of a dent in a hot market.
WASHINGTON—Consumer complaints about problems with financial companies such as banks, credit bureaus and debt collectors rose by more than 50% in 2020 and set new records for each month of the year, according to a new report from the U.S. PIRG Education Fund.
AUGUSTA, Maine–Two Maine credit unions have called off their merger plans.