BROOKFIELD, Wis.–The Clover platform from Fiserv is now offering Scan to Pay, which the company described as a first-of-its-kind solution that offers a more efficient, flexible, and secure payment experience.
Fresh Today
WASHINGTON––The Federal Reserve Bank of New York said it will make available a new financial reference rate, published in 30-, 90- and 180-day averages, related to the Secured Overnight Financing Rate (SOFR), which many analysts believe will be the primary replacement for the London Interbank Offered Rate (LIBOR).
BOCA RATON, Fla.–CU First Responders Finance, LLC (CUFR) has launched FinanceResponders.com.
TALLAHASSEE, Fla.– The League of Southeastern Credit Unions has launched a new website at www.lscu.coop.
MINNEAPOLIS–Affinity Plus Federal Credit Union has become the presenting sponsor of The Fillmore Minneapolis, which is now officially named The Fillmore Presented by Affinity Plus Federal Credit Union.
MADISON, Wis. – The Wisconsin Department of Financial Institutions (DFI) and the Wisconsin Department of Public Instruction (DPI) said they have created a $150,000 statewide grant program to encourage Wisconsin’s K-12 school districts to incorporate personal finance education into their curricula.
WASHINGTON—Federal Reserve Chairman Jerome Powell said he does not anticipate the country will enter into a recession anytime soon, but Powell did call on Congress to reduce the federal budget deficit to ensure the Fed is able to respond to a financial crisis when one arrives.
NEW YORK CITY–For the 22nd consecutive quarter, total household debt has hit a new high.
WINSTON-SALEM, N.C.–A decision by the newly renamed Truist Financial Corp. to delay a name change for the bulk of its branches until at least August 2021 could become a legal liability in fending off a trademark-infringement lawsuit by Truliant Federal Credit Union, according to one new analysis.
WASHINGTON—Federal Housing Finance Agency (FHFA) Director Dr. Mark Calabria indicated the agency will propose new rules under the affordable housing requirements, which would replace the existing affordable housing goals and duty to serve plans.