SEOUL, South Korea—Add another digital wallet to the mix of tap-and pay offerings U.S. consumers can choose from. LG has made its long-anticipated launch into the U.S. market for mobile wallets with the launch of LG Pay.
Fresh Today
PARIS—Governments of approximately 15 countries, including Australia, Singapore and the Group of 7 (G7) members, have joined hands to develop a system to fight money laundering in cryptocurrencies.
MADISON, Wis.–With considerable national discussion around whether the U.S. will enter a recession, new CU performance data certainly indicates a slowdown is occurring.
CONCORD, Calif.–Calling somebody a “patent troll”–which credit unions and their trade groups have done–might be insulting but it’s not defamatory, according to this state’s Supreme Court. The reason? There’s no exact definition of the term.
ALEXANDRIA, Va.– Federally insured credit unions may provide certain financial services to legally operating hemp businesses under new guidance published today by the National Credit Union Administration.
ARLINGTON, Va.–NAFCU is reporting it is putting more emphasis on working with Congress to clarify rules around banking hemp businesses, in addition to ongoing efforts by credit unions to have the federal government change its rules/laws around banking marijuana businesses, especially in states where voters have approved legalization, many CUs are now confronting similar challenges around banking hemp-related businesses.
MARLBOROUGH, Mass.–Approximately 41% of American consumers have at least one account with a credit union, but just 18% of Americans consider their credit union to be their primary financial institution, according to new data.
CHICAGO–Members of the Defense Credit Union Council meeting here were told to keep the pressure on Congress to reject language that would give banks equal access to military bases as credit unions. The credit unions are meeting here as part of the DCUC’s 56th Annual Conference.
MADISON, Wis. – CUNA Mutual Group has launched a new Zone Income Annuity, which includes features that address all phases of retirement, including a protected lifetime income feature that locks in a minimum income stream to the policyholder for life.
WASHINGTON—The U.S. Department of Housing and Urban Development (HUD) has published a proposed rule to amend the HUD interpretation of the Fair Housing Act’s disparate impact standard.