NEW YORK—More consumers are becoming accustomed to using their phones for ATM withdrawals. The increase in comfort levels come as a number of major banks, especially J.P. Morgan Chase, have put significant marketing dollars to back the offerings.
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WASHINGTON–The World Bank is looking to raise money, and it’s turning to blockchain to do it.
WINCHESTER, Va.–Navy Federal has marked the topping out of a building that is part of a $102-million expansion with a ceremony.
WASHINGTON—The Bureau of Consumer Financial Protection has finalized amendments to implement legislation that allows financial institutions that meet certain requirements to be exempt from sending annual privacy notices to their customers.
NEW YORK–The nation’s online banks are starting to lead the way and pay higher rates on deposits.
WILLIAMSBURG, Va.–The federal regulatory agencies need to join with non-profit groups, schools, financial institutions and the military to improve personal finance knowledge of service members and their families to prevent them from being financially exploited, NCUA Chairman J. Mark McWatters said during remarks here.
WASHINGTON–The Trump Administration is seeking to suspend routine examinations of lenders for violations of the Military Lending Act, according to a new report.
MADISON, Wis.—When ranking their interest in retirement education components, employee plan participants surveyed by CUNA Mutual Retirement Solutions indicated they were most interested in financial wellness topics and a desire to better understand retirement planning tools and resources available to them.
WASHINGTON—Eighty-eight percent of private economists surveyed by the Wall Street Journal believe the Federal Reserve will raise interest rates two more times this year, and NAFCU Chief Economist and Vice President of Research Curt Long agrees.
WASHINGTON—The Federal Reserve has published a Consumer Compliance Supervision Bulletin, which provides high-level summaries of a variety of compliance issues the agency has observed in its supervised entities.