LINCOLN, Neb.–After more than 100,000 signatures were collected, a measure has been added to the ballot in Nebraska that would cap loan rates for payday lenders at 36% annually.
Fresh Today
WASHINGTON–With findings that will surprise few people and which show how the pandemic can change a trend line, the Federal Reserve has released a new study showing the use of online banking has increased slightly over a three-year period ending in 2019, while use of paper checks declined over the same time.
HAMPSHIRE, U.K.–A new study from Juniper Research has found the value of instant payments, where transactions are completed within 10 seconds, will reach $18 trillion in 2025, up from $3 trillion in 2020; a growth of over 500%.
MADISON, Wis.–In the six months since the coronavirus pandemic took hold in the United States, the Filene Research Institute has been conducting ongoing research on the long-term implications or short-term disruptions, and is now offering some early and conclusions from that work.
ALEXANDRIA, Va.–NCUA is reminding credit unions of an upcoming date in which changed field of membership rules go into effect for federal credit unions, and urging them to recognize a new definition of a service area will be going into effect.
SAN FRANCISCO—As many issuers reduce limits on their credit cards, one company has introduced new plastic that sets limits in a unique way.
WASHINGTON—Rep. Michael Conaway (R-TX) has introduced a bill that outlines a new framework for digital currencies, reportedly treating the e-currencies like commodities under the Commodities Exchange Act, The Chain Bulletin Reported.
SANTA MONICA, Calif.– A new forecast sees 1,221,092 million vehicles being sold during September, down 12% from one year ago when adjusted for the same number of selling days.
LA MESA, Calif.–Saying a student’s “financial wellness journey can’t be put on hold because of a pandemic,” USE Credit Union said it is offering a number of smart financial wellness programs to help students keep on track to achieve their financial dreams before and after graduation.
COLUMBUS, Ohio—Corporate One Federal Credit Union said it will host a series of webinars aimed at helping credit unions deliver world-class faster payments solutions, as will educate credit unions on the importance of the industry’s momentous transition to real-time payments.