ARLINGTON, Va.—Total vehicle sales declined slightly to a rate of 16.8 million annualized units in February. Of note, light trucks continued to dominate while auto sales struggled, NAFCU reported.
Fresh Today
EL SEGUNDO, Calif.–First Entertainment Credit Union has entered into a multi-season sponsorship agreement to become the Official Credit Union of the NBA’s Los Angeles Lakers.
TEXARKANA, Texas–TEXAR Federal Credit Union has joined PSCU as its newest owner credit union.
MADISON, Wis.–The World Council of Credit Unions’ Global Women’s Leadership Network (GWLN) is calling on credit unions from around the globe to advocate that “an equal world is an enabled world” by encouraging industry women to apply for a 2020 GWLN Scholarship beginning on International Women’s Day.
LONDON—European fintech investment grew to a new high of $58.1 billion in 2019, the majority of which was secured in the U.K. Separately, the majority of Chinese banks report they have integrated fintech into their offerings.
WASHINGTON—The CFPB's advisory councils will meet in Washington March 11-12 to discuss various efforts currently underway at the Bureau, including small business lending data collection, preventing elder financial fraud, and more.
SAN JOSE, Calif.—PayPal has signed a multi-year contract to leverage Google Cloud’s site in the Salt Lake City region.
NEW YORK—Children’s allowances are increasingly going digital.
NEW YORK–Senator Marco Rubio (R-FL) has asked regulators to be vigilant about keeping American investors safe from “hazards” connected with a provision in the latest U.S.-China trade deal that encourages investment in China’s non-performing loan market.
WASHINGTON—The Supreme Court has vacated a previous decision, which means plaintiffs can no longer rely on the Eleventh Circuit Court's decision in City of Miami v. Wells Fargo & Co as a source of support in similar cases.