SAN JOSE, Calif.–PayPal is expanding into traditional banking through new partnerships with smaller banks to offer consumers debit cards connected to their PayPal accounts, along with direct deposit for paychecks and other services.
Fresh Today
ARLINGTON, Va.—This week marks National Volunteer Week, which is celebrating its 44th year. National Volunteer Week was established to celebrate volunteerism and recognize its contributions to communities and economic growth.
WASHINGTON—The Financial Action Task Force has launched an online private sector survey on correspondent banking and the usefulness of its 2016 Guidance on correspondent banking services.
RANCHO CUCAMONGA, Calif. – CO-OP Financial Services a patronage dividend for its shareholders of $30.5 million for fiscal year 2017
ALEXANDRIA, Va.—The NCUA board will discuss final rules on capital planning and stress testing, and advertising provisions at its open board meeting Thursday.
WASHINGTON–During a hearing here over who should be the rightful director of the Consumer Financial Protection Bureau, attorneys for both sides continued to argue over which law should take precedent.
CEDAR RAPIDS, Iowa–A member of the Iowa Board of Regents, which oversees the state’s universities, who has been raising concerns over credit unions that bear the names of those universities, did not disclose that he is a part owner in a bank in the state, according to the new report.
PHOENIX–A financial literacy bill here has been sent to the governor for his signature.
NEW YORK–New York Attorney General Eric T. Schneiderman has announced a $2.25-million settlement with Franklin, Tenn.-based Southeast Financial Credit Union related to student loans financed by the credit union in conjunction with The College Network.
RANCHO CUCAMONGA, Calif. – To ensure credit unions deliver on the expectations of digital-first consumers, CO-OP Financial Services announced it is rolling out enhancements to its ATM Terminal Driving solution, including new personalization capabilities and upgraded hardware and software support.