NEW YORK–Credit unions continued to successfully build their credit card portfolios during the fourth quarter of 2019, but auto loan penetration “flat-lined” according to one new analysis.
Fresh Today
WASHINGTON—The operator of a debt collection scheme has settled claims by the Federal Trade Commission and New York Attorney General that he and the companies he controlled lied to consumers about how much debt they owed and used “illegal scare tactics” to collect it, the FTC said.
NEW YORK—A number of startups are taking on big banks with new apps that offer modern, mobile banking experiences, innovative features and reduced or even zero fees.
LAS VEGAS—Equifax has introduced a new suite of digital retailing solutions that the company said are designed to remove frustrations often associated with online car shopping.
LONDON—The United Kingdom will be the third market to introduce eBay's managed payments experience as part of the program's global expansion.
WASHINGTON––Congressional candidates in races credit unions were especially watching and who had received financial backing from the largest CU PAC all won their races during Super Tuesday’s elections.
WASHINGTON — During oral arguments here, the Supreme Court signaled it may not support the leadership structure of the Consumer Financial Protection Bureau but it has no intention of ruling against the agency’s existence.
WASHINGTON—Ahead of the U.S. Supreme Court holding oral arguments in a case brought by Seila Law against the CFPB that challenges the agency’s single-director structure, NAFCU asserted the CFPB’s leadership structure should be reformed to a commission-based model to ensure transparency and accountability.
WASHINGTON–CUNA has sent two letters to Congress in conjunction with hearings related to FY 2021 budgets for the Treasury Department and USAID, respectively.
NEW YORK – It’s National Consumer Protection Week and New York Attorney General Letitia James has released the list of top 10 consumer fraud complaints received by her office in 2019.