HARTFORD, Conn.–The state of Connecticut said dozens of banks and credit unions have agreed to extend their participation in the CT Mortgage Relief Program.
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PASADENA, Calif.—Green Dot intends to provide a bank account and Visa debit card linked to a mobile platform from Los Angeles-based Welcome Technologies Inc., the company announced.
WASHINGTON—The CFPB has issued a set of FAQs to provide clarification on the Bureau's Remittance Rule, which was recently amended to increase the safe harbor threshold from 100 transfers in the previous and current calendar year to 500 transfers.
NEW YORK—JPMorgan Chase said it is adjusting to how consumer spending is changing during the pandemic with a new feature.
JACKSONVILLE, Fla.—April saw a 200% jump in new mobile banking registrations, while mobile banking traffic rose 85%, according to Fidelity National Information Services.
WASHINGTON–The CUNA board has passed a resolution that it said seeks to publicly acknowledge and stand against structural racism and commits to creating a pathway to change within the credit union system.
WASHINGTON–A growing number of Americans are skipping payments on mortgages, auto loans and other bills. While helpful in the short term, there are longer-term ramifications, especially given the absence of any federal guidelines, NPR reported.
PHILADELPHIA–Looters have been using explosives to try and break into dozens of ATMs in this city since protests and riots have broken out in the wake of the death of George Floyd at the hands of police in Minneapolis. At least one person has allegedly died as the result of attempting to use explosives to rob a cash machine.
DALLAS–Auto sales in the U.S plummeted in May compared with one year earlier, but there is reason for optimism, according to one analyst.
WASHINGTON–A consumer group is blasting new guidance from the CFPB the agency said is designed to provide temporary, targeted flexibility during the coronavirus pandemic for credit card issuers when it comes to electronic provision of certain disclosures under truth-in-lending laws that are required to be provided in writing.