MIAMI—Mastercard is partnering with transportation solutions provider Cubic Transportation Systems, and Miami-Dade County Department of Transportation and Public Works (DTPW) to enable tap-and-go payments at Miami’s Metrorail stations.
Fresh Today
NAIROBI, Kenya–Among the many benefits for which mobile banking has been hailed is the ability to bring financial services to the underbanked and unbanked.
EAU CLAIRE, Wis.–Royal Credit Union here is piloting a new program aimed at making financial education more fun for students between the ages of 17 and 22.
WASHINGTON—While about half of consumers still use cash for small purchases, many are turning to credit cards, a new report shows.
HOUSTON–Credit unions have attached their names to all manner of sports teams and venues. Now axe-throwing competitions can be added to that list.
MANDEVILLE, Manchester —Manchester Co-operative Credit Union here has awarded grants to 29 students totaling $1.9 million to assist them with their secondary and tertiary level education. (The Jamaican dollar was trading at about 75 cents to the U.S. dollar as of press time.)
TOKYO—The regtech committees of the fintech associations of Hong Kong, Singapore and Japan have jointly launched the “APAC RegTech Network,” an initiative to enhance cross-border collaboration on regtech education and implementation across the Asia Pacific region.
JACKSON HOLE, Wyo.–In comments at the conclusion of the Fed’s annual summer retreat here, Federal Reserve Chairman Jerome Powell said objective is to maintain the economic expansion, but also made an indirect reference to President Trump’s tariffs by saying “trade policy uncertainty” was the new challenge.
ARLINGTON, Va.—Credit union leaders’ confidence in the economy and their future business prospects continues to slide, according to a new report. The decline in confidence mirrors numerous other indicators of a slowing economy, as CUToday.info has reported.
WASHINGTON—The Treasury Department has submitted to the White House its proposal to reform government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, with the final plan expected to be released after Labor Day, news outlets reported