PURCHASE, N.Y.—After years of unsuccessful efforts to enter the Chinese market, Mastercard is trying again by joining with a Chinese company close to the regulator in charge of approving credit card businesses.
Fresh Today
LEXANDRIA, Va. –During its meeting here today, the NCUA Board approved a rule designed to make regulations regarding loans and lines of credit to members clearer and easier to follow.
WASHINGTON–A number of members of Congress addressed CUNA’s GAC on its final day.
WASHINGTON–The Global Women’s Leadership Network (GWLN) marked its 10th anniversary here by unveiling a new app.
WASHINGTON–Credit unions would not be required to comply with the Community Reinvestment Act (CRA) as part of a new bill introduced by Sen. Elizabeth Warren (D-MA) in Congress.
WASHINGTON––Enforcement actions announced by the CFPB under the Trump Administration have declined sharply, according to a new analysis released by the Consumer Federation of America (CFA).
ARLINGTON, Va.—On a seasonally adjusted basis, overall consumer prices increased 0.2% in February. According to data recently published by the Bureau of Labor Statistics, the overall CPI stayed at 1.5% over the 12-month period.
WASHINGTON–The Independent Community Bankers of America is calling on Congress to close a loophole in the law that allows commercial and fintech companies to offer banking services.
ARLINGTON, Va.—NAFCU has sent letters to Congress addressing the National Flood Insurance Program (NFIP) and the Bank Secrecy Act (BSA).
WASHINGTON—H.R. 1414, the bipartisan FinCEN Improvement Act, introduced by Congresswoman Jennifer Wexton (D-VA), has passed unanimously in the House. The legislation seeks to modernize the mission of the Financial Crimes Enforcement Network (FinCEN).