PALO ALTO, Calif.—PayPal is offering consumers the ability to pay with in-app QR codes across 28 different international markets.
Fresh Today
WASHINGTON—The CFPB has released an updated version of its Home Mortgage Disclosure Act (HMDA) Small Entity Compliance Guide to reflect recent changes to Regulation C that increased the data reporting thresholds under HMDA.
MINNEAPOLIS, Minn.—Several credit unions in this city shut down their offices Friday and Saturday as the community braced for a sixth night of protests Sunday following the death of George Floyd during an arrest by the Minneapolis Police.
MADISON, Wis.– The credit union industry average for return-on-asset ratios will fall to 0.2% in 2020, and go negative at -0.35% in 2021 due in part to a surge in provisions for loan losses, according to CUNA Mutual’s newest Trends Report.
WASHINGTON—The Federal Housing Finance Agency (FHFA) has announced Fannie Mae and Freddie Mac have new websites providing resources to lenders and investors as the government-sponsored enterprises (GSEs) transition away from the London Inter-bank Offered Rate (LIBOR).
WASHINGTON—The Commerce Department released its revised estimate for first quarter economic growth, revealing the U.S economy shrank 5% in the first quarter, a downward revision from the initial estimate.
WASHINGTON—NAFCU said it continues to support the interim final rule on overdrafts proposed by NCUA Chairman Rodney Hood at the agency’s most recent board meeting.
BEAVER, Penn.--NCUA has liquidated IBEW Local Union 712 Federal Credit Union here, the agency reported.
ALEXANDRIA, Va.–NCUA said it will be continuing its offsite exam program, but indicated exam reports will again be issued.
COLUMBIA, Md.–The Maryland and DC Credit Union Association has created an infographic to illustrate how credit unions are supporting members and businesses during the coronavirus pandemic. Credit unions served by the MDDCCUA have provided more than $1 billion in loan relief to more than 42,000 consumers and businesses, the association said.