NEW YORK—A new credit card startup is taking aim at American Express and other players that have long dominated corporate expense accounts.
Fresh Today
SAN FRANCISCO—With approximately seven months to go before a crucial liability shift, just how well is the conversion of U.S. gasoline pumps to accept EMV chip cards going?
TAMPA, Fla.–Self-driving cars may be the future, but in the present just one-in-10 drivers (12%) would trust riding in such a vehicle.
GAINESVILLE, Fla.– Numerous state and federal regulators, government agencies, credit union trade groups and consumer organizations are now making extensive resources available for credit unions to use in responding to the threat from coronavirus (COVID-19).
SAN FRANCISCO–Two members of the Wells Fargo board of directors, including its chairwoman, have resigned following a scathing report by the House Committee on Financial Services.
CINCINNATI—Fifth Third Bancorp said it “rejects” the allegations made in a lawsuit filed by the Consumer Financial Protection Bureau that alleges its employees opened unauthorized accounts in the names of its customers.
ARLINGTON, Va.— Total consumer credit rose 3.4% in January (seasonally-adjusted, annualized) and is up 4.4% versus a year ago, according to new data that also show a decrease in revolving credit.
WASHINGTON—NAFCU has joined with 32 other trade organizations spanning the housing finance ecosystem to urge Congress to "refrain from utilizing Fannie Mae and Freddie Mac guarantee fees ("g-fees") as a source of funding offsets."
RANCHO CUCAMONGA, Calif. – Since going live one year ago, CO-OP Financial Services is reporting its COOPER Fraud Analyzer has monitored in real-time more than 113.6 million credit union member transactions.
PLANO, Texas–The recent surprise cut in rates by the Fed is aimed at stimulating the economy, but credit unions need to be prepared for an “immediate impact” on the yields they’re seeing on investments, according to an analyst with Catalyst Strategic Solutions.