WASHINGTON — The Trump Administration plans to introduce regulations for cryptocurrencies that are intended to crack down on their use in facilitating money laundering and other illicit activities, Treasury Secretary Steven Mnuchin said.
Fresh Today
NEW YORK–Inclusiv said four new investors have become part of its Inclusiv Southern Equity Fund, including Bank of America, MetLife, National Cooperative Bank and Prudential Financial.
SAINT LOUIS–A new study examines in which U.S. cities Americans are most living paycheck to paycheck.
NEW YORK–A little-discussed but “open secret” at many car dealerships is growing and causing losses to credit unions and banks that make auto loans, as well as the borrowers who are already in trouble, according to one new report.
SEATTLE–BECU announced it is extending its support of homebuyers by committing $2 million to its First-Time Homebuyer Grant program in 2020.
NEW YORK—Soaring stock prices are propelling Visa and Mastercard up the market value charts, where they currently rank seventh and 11th, respectively, among companies in the benchmark S&P 500 index.
MENLO PARK, Calif.—Zero-fee stock-trading app Robinhood is launching Cash Management, a new feature that earns users 2.05% APY interest on uninvested money in the account with the ability to spend it through a special Mastercard debit card.
WASHINGTON—The credit union system has a shared commitment to advancing diversity and inclusion, CUNA told Congress, while simultaneously expressing worries a new proposal will require employment diversity data from all institutions regardless of size.
WASHINGTON—Consumers reported losing $201 million to romance scams in 2019—up nearly 40% since 2018, according to new Federal Trade Commission data from the agency’s Consumer Sentinel Network.
HANSCOM AFB, Mass.–Hanscom Federal Credit Union is making a Valentine’s Day offer that it is actually offering throughout February.
