SAN JOSE, Calif.–One of the country’s best-known payments platform has learned its employees have trouble making payments, and in response has launched an initiative to encourage companies to rank employees’ financial security on par with other priorities.
Fresh Today
SEATTLE—With Amazon Prime Day approaching, the retail giant is giving consumers another reason to use its Amazon Prime Rewards Visa Signature Card.
WASHINGTON–The surge in member savings that has helped to drive down the overall credit union industry capital ratio cooled off in August. Loan volume also slowed.
ARLINGTON, Va.—Total vehicle sales continued to recover in September, rising from August's 15.2 million annualized units to 16.3 million during the month. NAFCU Chief Economist and Vice President of Research Curt Long noted that vehicle sales are “just 4% below year-ago levels.”
ARLINGTON, Va.—The September jobs report is being called “troubling,” and job growth fell below expectations and thousands of workers left the workforce, said NAFCU Chief Economist and Vice President of Research Curt Long.
WASHINGTON–Both the House and Senate are in recess this week, but discussions remain ongoing between the administration and Congress over a new relief package and stimulus funds in response to the coronavirus pandemic.
ST. PETERSBURG, Fla.—Retail spending was behind this past week’s strong performance in both debit and credit purchase volume, said PSCU.
GARDEN CITY, N.Y.–Members of Sperry Associates FCU have approved a merger into Pentagon FCU that includes payments to the members and a multi-year deal for the current CEO.
ALEXANDRIA, Va.–NCUA has opened registration for a webinar it plans to host on financial inclusion and minority depository institutions on Oct. 21.
WASHINGTON—The Small Business Administration (SBA) has released a new procedural notice detailing the required procedures for changes of ownership of an entity that has received Paycheck Protection Program (PPP) funds.