NEW YORK—It’s not just banks and credit unions getting into mobile service delivery.
Fresh Today
LOS ANGELES–A new game show has debuted in which the prize offered isn’t a new car or a dream vacation–it’s cash to pay off student debt.
SAN FRANCISCO–Wells Fargo is now in the process of refunding customers for tens of millions of dollars for products they never ordered, ranging from pet insurance to legal services. The bank said several-thousand customer accounts are involved.
NEW YORK—Usage of the long-popular debit card is declining among U.S. consumers.
MOLOKA’I, Hawaii–A former employee of a credit union here has been sentenced to four years and two months in jail for her role in conspiring to embezzle from the First Hawaiian Homes FCU. The embezzlement eventually led to the shuttering of the credit union.
OTTOWA, Ontario, Canada—Bitcoin awareness and usage have increased significantly among Canadians over the course of a year, a newly-published survey by the country’s central bank has revealed.
SAN JOSE, Calif.—PayPal has handed over its consumer credit receivables to Synchrony, with the latter gaining to a portfolio worth up to $7.6 billion.
GREEN BAY, Wis.–The Green Bay Bullfrogs here have a new name: Capital Credit Union Park.
WASHINGTON–How senators viewed the qualifications of Kathy Kraninger to lead the Bureau of Consumer Financial Protection fell largely along party lines following Kraninger’s testimony here yesterday.
WASHINGTON—The direction in which Acting Director Mick Mulvaney is attempting to push the Bureau of Consumer Financial Protection can be seen in the appointment of Paul Watkins to lead the Bureau’s new Office of Innovation.