FLORENCE, S.C.–Founders Federal Credit Union is installing ATMs to 20 South Carolina Department of Motor Vehicle locations in addition to 15 other companies throughout the state. The machines will be surcharge-free to members.
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PURCHASE, N.Y.—Mastercard has launched the Mastercard Digital Wellness program, which it said includes new technologies and resources to help all businesses, especially small and independent merchants, to better serve the digital-first consumer.
FALCON HEIGHTS, Minn.–SPIRE Credit Union here has partnered with Minneapolis-based venture studio DNT BLNK on a new app called “NetGiver” that allows members to donate directly to nonprofit organizations directly from their checking or savings accounts.
RESTON, Va.–A new report finds consumers open to embracing alternative payment solutions, including wearables and smartphones, but also a “high degree” of concern around security.
WOODBURY, Minn.–Ideal Credit Union has launched a new Community Heroes Mortgage Program aimed at first responders, teachers, members of the military and others that offers a 1% downpayment option.
ALEXANDRIA, Va.—A proposed rule on risk-based lending is on the agenda for Thursday’s NCUA board meeting. The agency delayed the RBC rule by one year last fall.
NEW YORK–Morgan Stanley's Business Conditions Index, which captures “turning points” in the economy, fell by 32 points in June, to a level of 13 from 45 in May.
MENLO PARK, Calif.–Facebook is expected to announce this week it will back a new cryptocurrency, with more than a dozen companies, including Visa, Mastercard and PayPal, among the backers.
ORLANDO, Fla.–It’s a busy week for credit union meetings. CUNA, NAFCU and the League of Southeastern Credit Unions are all preparing to kick off their major summer meetings, with all taking place on the same dates and two of the events in the same city.
WASHINGTON, D.C. – The Consumer Financial Protection Bureau said it has reached a settlement with Student CU Connect, a CUSO owned by seven credit unions, that requires loan forgiveness of nearly $170 million.