WASHINGTON–The Independent Community Bankers of America (ICBA) is calling on the Federal Reserve to accelerate implementation of its FedNow real-time payments service.
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ARLINGTON, Va.—In response to the Federal Reserve's recent update on the FedNow Service, NAFCU told the Fed it needs to provide additional details about the program.
DETROIT–In a city in which a reliable vehicle is a critical need for people to get to work, One Detroit Credit Union is reporting a new program for first-time automobile owners has generated more than $370,000 in loans in its first 100 days.
OKLAHOMA CITY–Oklahoma’s credit unions are looking to play an important role in the upcoming November elections process by providing services to assist voters wishing to cast absentee ballots.
SAN FRANCISCO—Visa and Vipps, which is the leading digital wallet in Norway, have announced a strategic partnership to accelerate mobile payments in Europe.
BENTONVILLE, Ark.—Walmart and Paymentus have formed a partnership designed to modernize how bills are paid in Walmart stores and in the Walmart app, Walmart reported.
MEXICO CITY—Remittances to Mexico once again beat estimates in July, rising 7.2% from the same month of 2019 to $3.53 billion, reflecting 10.2% year-on-year growth for January-July.
MEDFORD, Ore.–A half-dozen employees of one credit union in Oregon have lost their homes due to wildfires as credit unions and communities across the Pacific Northwest and Northern California continue to battle ever-growing blazes.
ARLINGTON, Va.—Total consumer credit rose 3.6% in July on a seasonally-adjusted, annualized basis, continuing its overall recovery and is up 0.7% versus a year ago.
INDIANAPOLIS–The chairman of the Indiana Bankers Association is blasting credit union acquisition of banks in the state, saying the “tax implications are staggering.”