DETROIT—Chevrolet and Shell are introducing the first ever, in-car fuel payment system, which they say eliminates the need to swipe a credit card or use a mobile device at the gas station.
Fresh Today
COSTA MESA, Calif.—Retail bank investments in technology are paying off in the form of substantial numbers of digital-only bank customers, but some of that growth may be coming at the expense of customer satisfaction, according to the J.D. Power 2018 U.S. Retail Banking Satisfaction Study.
DES MOINES, Iowa–A proposed tax on credit unions was not included in a tax reform bill approved by the Iowa legislature that is expected to reduce taxes on Iowans by more than $2-billion over the next six years.
FERNDALE, Mich.–Credit Union One here has acquired the $220-million Hantz Bank, which has six branches. Terms of the transaction have not been announced.
SAN FRANCISCO–Wells Fargo has agreed to another settlement related to its fake-accounts scandal, this time to settle a class action lawsuit.
WASHINGTON –CUNA has sent a comment letter to the Bureau of Consumer Financial Protection (BCFP) offering recommendations for improvement to its Rules of practice for Adjudication Proceedings.
WASHINGTON—Sen. Kirsten Gillibrand (D-NY) has proposed new legislation to create a Postal Bankthat would establish a retail bank in all of the U.S. Postal Service’s 30,000 locations.
WASHINGTON–The unemployment rate dipped below 4% in the latest data, but at least two economists say the employment numbers aren’t as strong as they might be perceived.
WASHINGTON—PHH Corp. will not appeal a January ruling that upheld the constitutionality of the Bureau of Consumer Financial Protection’s single-director structure, the company announced.
PRINCETON JUNCTION, N.J.—The growth of EMV continues to spread across the country, according to a new report.