MADISON, Wis.–The CUNA Marketing & Business Development Council has announced the winners of its 2020 Diamond Awards, with a credit union from Guam taking top honors.
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ARLINGTON, Va.— NAFCU plans to host a State of the Industry meeting, a free, virtual event, providing insights and information it said is designed to help credit unions grow on June 25.
PLANO, Tex./NAPERVILLE, Ill./MIDDLETOWN, Penn.— Alloya Corporate Federal Credit Union, Catalyst Corporate Federal Credit Union and Vizo Financial Corporate Credit Union have united as joint owners of the payments fintech Aptys Solutions, LLC to provide state-of-the-art payment services.
DENVER–A Colorado court has upheld the Colorado Attorney General’s claim that an online lender, Marlette Funding, which did business as Best Egg, must abide by Colorado’s interest rate limits when it purchases loans originated by a bank, Cross River Bank, that is exempt from the state’s rate caps.
WASHINGTON—The CFPB has released additional guidance – via a factsheet and additional FAQs – for its Truth in Lending Act (TILA)/Real Estate Settlement Procedures Act (RESPA) integrated disclosure (TRID) rule.
WASHINGTON—Consumer concern over credit card spending during the pandemic-driven economic downturn is becoming even more clear, according to Federal Reserve data.
WASHINGTON–The Consumer Financial Protection Bureau has released an online resource it said is designed to help communities form networks to increase their capacity to prevent and respond to elder financial abuse.
NEW YORK—Slower economic growth expectations has prompted Citi to slash its forecasts for global remittances.
WASHINGTON–A new study of credit card debt has found consumers paid off a record $60 billion of the $1 trillion they owe to credit card issuers during the first quarter, but during 2020 the same study is also projecting consumers will rack up an additional $140 billion this year.
SAN FRANCISCO—The Money Anxiety Index increased to 84.7 in May – an increase of 43.7 points since the beginning of the coronavirus crisis in February of this year.