NEW YORK—Need another reason to issue contactless plastic to members? Citi is now paying its customers to use the tap-and-go cards.
Fresh Today
WASHINGTON–The Consumer Financial Protection Bureau has named an additional member who will serve on the Taskforce on Federal Consumer Financial Law.
NEW YORK—Gas stations around the U.S. are rushing to upgrade fuel pumps to accept credit and debit cards with chips after Visa and Mastercard rejected a request to delay a looming deadline to complete the work.
NEW YORK–Citigroup has released the results of its latest report on efforts to shrink the gender pay gap among employees, revealing improvements but still work to do.
COSTA MESA, Calif.—The average credit score was a record-breaking 703 in 2019.
WASHINGTON–One banking industry trade group is raising objections to NCUA’s proposed new rules around subordinated debt.
ARLINGTON, Va.—Existing-home sales rose 3.6% in December to a seasonally adjusted annual rate of 5.5 million units, with sales up in all four regions versus a year ago.
WASHINGTON—NCUA selling its portfolio of taxi medallion loans is not an appropriate step at this time, as it may harm not only the credit unions holding taxi medallion loans but ultimately all federally insured credit unions due to the effect on the NCUSIF, CUNA and three credit union leagues told the agency in a comment letter.
ALEXANDRIA, Va.–The NCUA board has approved an adjustment to agency’s civil money penalties for inflation, increasing the maximum levels of fines it can assess, while leaving the loan interest rate cap untouched.
LAWRENCEVILLE, Ga.—The used car market is heating up early this year.