WASHINGTON–A provision that CUNA said would have put “credit unions at a disadvantage” when serving members on military bases has been struck from legislation currently before Congress.
Fresh Today
WASHINGTON, D.C.—The Bureau of Consumer Financial Protection has announced a settlement with National Credit Adjusters, LLC (NCA), a privately-held debt collection company headquartered in Hutchinson, Kan., as well as with its former CEO and part-owner, Bradley Hochstein.
MADISON, Wis.–UW Credit Union has started a new Chancellor’s Scholarship Endowment Fund with a gift of $125,000 to bridge financial gaps for outstanding students pursuing educational goals at the University of Wisconsin-Madison.
ALBANY, N.Y.—Global crypto payments processor BitPay has been granted a BitLicense by New York State’s financial regulator.
COSTA MESA, Calif.–Although measures such as two-factor authentication are often the subject of complaints by consumers, most people say they feel reassured when they see visual signs of security and encounter barriers when accessing their online accounts as indicators that a transaction is more secure.
WASHINGTON–Nineteen state Attorneys General have sent a letter to the Department of Justice asking it to clarify the Americans with Disabilities Act (ADA) with respect to websites.
CHARLOTTE, N.C.—Bank of America announced that deposits made on mobile devices are outpacing those made at branches for the first time.
AUSTIN, Texas–Women are responsible for some $3.7 trillion in spending in the U.S. economy, and 89% of bank/CU accounts are opened by women. And yet women remain an overlooked market by most credit unions, a critical issue that will be addressed first-hand at the upcoming CUTomorrow Conference.
ATLANTA–Equifax has asked a court to reject claims made by 46 credit unions and banks seeking damages related to the company’s massive 2017 data breach.
WASHINGTON—The Bureau of Consumer Financial Protection has filed in federal district court a proposed settlement with TCF National Bank regarding its marketing and sale of overdraft services.