WASHINGTON—Members of the Federal Open Market Committee agreed that the labor market had remained strong since the last meeting with economic activity rising at a moderate rate, according to minutes from the committee's January meeting.
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WASHINGTON—As the Supreme Court prepares to review the constitutionality of a provision of the Telephone Consumer Protection Act (TCPA) later this year, a new court ruling in Gadelhak v. AT&T Services, Inc. has held a system that does not store or produce numbers, using a random or sequential number generator, cannot be classified as an automatic telephone dialing system (ATDS, or "autodialer") under the TCPA.
COROZAL, Puerto Rico – President Bill Clinton visited Cooperativa La Sagrada in this rural area as part of Inclusiv's participation in the Clinton Global Initiative Action Network on Post-Disaster Recovery.
IRVINE, Calif.—CU Direct announced it has launched Origence, a new brand for its products and solutions serving financial institutions.
MADISON, Wis.— CUES said its members can now download a free copy of “Welcome to Credit Union Leadership: A guide for executives who are new to the CU industry.”
SAN FRANCISCO–LendingClub, one of the original fintechs to offer personal loans online, is buying a bank in order to give it access to a stable and cheaper source of funding.
WASHINGTON–The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has opened the fiscal year (FY) 2020 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program).
SAN FRANCISCO—A recent report by CipherTrace Labs has found individuals are operating illicit crypto-Money Service Businesses (MSBs) at eight out of 10 U.S. retail banks, whereas in Europe, around 50% of all retails banks face this problem.
CUPERTINO, Calif.—Apple Pay now accounts for 5% of all global credit card purchase volume, according to financial research firm Bernstein.
DALLAS—MoneyGram International has launched MoneyGram FastSend, a new service the company says allows consumers to send money quickly and easily to their friend's mobile phone number via the MoneyGram website and mobile app.