WASHINGTON—The Senate Appropriations Committee unanimously approved its fiscal year 2019 financial services and general government (FSGG) appropriations bill.
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SAN FRANCISCO—Count Wells Fargo as another of the big banks saying “no” to cryptocurrency purchases on its credit cards. The bank recently announced a ban on the purchase of Bitcoin and similar currencies using its credit cards.
BOSTON—Every currency in the world — from the U.S. dollar to the Chinese yuan — will have its own cryptocurrency version, the CEO of fintech firm Circle is predicting.
WASHINGTON—President Trump has signed into law a bill to strengthen the Small Business Administration's (SBA) 7(a) loan program.
GREENWOOD VILLAGE, Colo. – Bellco Credit Union is assisting employees whose automobiles were damaged during a severe hail storm here.
MADISON, Wis. – The Worldwide Foundation for Credit Unions has partnered with the Illinois Credit Union System to put out a call to aid Guatemalan peer credit unions, their employees and members to provide immediate disaster relief support.
WASHINGTON—The Bureau of Consumer Financial Protection has filed a consent order against Security Group Inc. and its subsidiaries over its debt-collection and credit-lending practices.
ARVADA, Colo.—Safe Harbor Services, the CUSO of Partner Colorado CU, said it has launched a national education program of “best in class” cannabis banking solutions, which it said will help smooth the way for compliant banking in states entering the cannabis market.
LOS ALAMOS, N.M.—Del Norte CU staff invited Los Alamos residents to join them in setting the world record for most people to yell, “Where Discoveries Are Made!”
IRVINE, Calif.—Acorns, a fintech that allows individuals to round up purchases and automatically invest the change, is adding a rewards debit card to its arsenal of tools.