SEATTLE–Credit unions have frequently expressed concerns that Amazon would fully enter financial services–but might the company start nibbling away at ancillary services first?
Fresh Today
NEW YORK—Credit card companies are taking the next step in using their points programs to influence what millions of customers buy, going as far as influencing what color blender they might purchase.
ORONO, Maine–University Credit Union here, which serves the University of Maine System students, employees, alumni and their families, has introduced a University of Southern Maine Platinum Rewards VISA credit card that supports the University of Southern Maine Foundation.
NEW YORK—A new study reveals that many consumers learned about credit cards on their own. The report from CreditCardsExplained.com shows that there's almost a 50% chance a cardholder is “self-taught.”
ROANOKE, Va.–A federal district court has again ruled that a plaintiff lacked standing to file a lawsuit against a credit union over alleged violations by its website of the Americans with Disabilities Act.
WASHINGTON–The agenda in Washington this week will primarily affect credit unions indirectly, as a number of appropriations bills are up for debate and discussion.
ARLINGTON, Va.—Media coverage of the recently passed regulatory relief bill, S. 2155, has created confusion around some provisions that need clarification, according to NAFCU.
WASHINGTON—A provision in S. 2155 is designed to allow consumers easier access to online banking. And while no guidance has officially been issued yet, there appears to be some changes that could affect a credit union’s member identification policy under the Bank Secrecy Act, CUNA said.
WASHINGTON–With the Federal Reserve Open Market Committee in meetings this week at which a rate hike will be considered, a new analysis finds the six rate increases by the Fed since December of 2015 have cost credit card users an extra $8.23-billion in interest to date.
CAMBRIDGE, Mass.–Rapidly developing technologies are making it impossible for the Federal Reserve to fulfill its two congressional mandates, according to the former chairman of the Council of Economic Advisers under President Reagan who is now a professor at Harvard.