WASHINGTON–The decision to seek to stop Visa’s acquisition of Plaid is being hailed by the nation’s retailers.
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WASHINGTON—The Consumer Financial Protection Bureau has granted a no-action letter (NAL) to Bank of America related to its “Balance Assist” small-dollar loan product.
TYSONS, Va.–PenFed Credit Union sponsored American Veterans Center’s “American Valor: We Stand Together” television special.
SACRAMENTO—At least 350,000 debit cards filled with money for unemployment benefits in California have been frozen because of suspected fraud, state officials said, revealing how prevalent the problem has become now that the state has paid more than $105 billion in benefits since March.
BOULDER, Colo. — With a historic season of wildfires in the state, the Elevations Credit Union’s Elevations Foundation’s Wildfire Relief Fund has raised a total of $282,000 to help the community.
NEW YORK—Global travel has screeched to a halt during the pandemic, and it’s hurting credit card companies’ bottom line.
MANCHESTER, U.K.–A group of credit unions here has formed a consortium called the “Sound Pound” aimed at providing £15m in financial support to millions of people across this region.
NEW YORK—As CUToday.info has extensively reported, credit card incentives have been mounting during the pandemic as issuers attempt to influence consumer behavior. Now Jet Blue has entered the mix with its biggest bonus deal yet.
DENVER– Two-thirds of adults say they would have more trust in their financial institution if it offered a mobile-based biometric authentication solution for in-person or phone-based transactions, according to a survey offered by a company that offers just such a solution.
WASHINGTON–Senate Majority Leader Mitch McConnell (R-KY), who won reelection earlier this week, said he believes an economic stimulus bill should be completed by Congress before the end of the year and will be the focus when the Senate resumes work next week.