BEZONS, France—Fintechs continue to make their way into the global payments space.
Fresh Today
WASHINGTON—The Consumer Financial Protection Bureau has released a panel report as part of its rulemaking process under Dodd-Frank Act Section 1071 governing the collection and reporting of small business lending data.
SAN JOSE, Calif.—PayPal is expanding its fundraising efforts with the launch of the Generosity Network.
MADISON, Wis.—First mortgage loan balances, which have buoyed CU balance sheets during the health crisis, finally showed some signs of weakness in October, while CU membership growth really slowed down during the same month.
TALLAHASSEE, Fla.–One-in-four small business owners reported that they will have to close their doors in the next six months if the current economic conditions don’t improve, up 5% from last month, according to the National Federation of Independent Businesses’ Research Center.
ARLINGTON, Va.—Total retail sales fell 1.1% in November, following a 0.1% drop in the previous month. Of note, the October number was revised down 0.4 percentage points.
WASHINGTON–The Federal Deposit Insurance Corporation has released a new large-scale study on the state of the nation’s community banks. Separately, NCUA announced its newest board member, Kyle Hauptman, has been designated vice chairman.
ARLINGTON, Texas–Allied Federal Credit Union has announced a new president and CEO.
MADISON, Wis.— CUES is reporting it created a customized leadership development program for PSCU, the St. Petersburg, Fla.-based CUSO that offers card processing and other solutions.
ST. PETERSBURG, Fla.–PSCU said it has been selected by Welcome Technologies to provide processing services and support for its first-ever credit card program.