WASHINGTON—The CFPB has been asked to reevaluate its rulemakings related to first- and third-party debt collection.
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WASHINGTON—Rep. Tom Emmer (R-MN) has introduced legislation that would delay the collection and reporting of new data points under the CFPB's Home Mortgage Disclosure Act (HMDA) final rule.
ARLINGTON, Va.—Total retail sales rose 0.8% in November, beating expectations as the holiday shopping season picked up.
WASHINGTON—The House late last week voted 275-146 in favor of a bill that would provide privacy notice clarity. The Privacy Notice Technical Clarification Act (HR 2396) would update the Gramm-Leach-Bliley Act to update the exception for certain annual notices provided by financial institutions.
HARRISBURG, Penn.–Credit unions across Pennsylvania are receiving demand letters from law firms concerning the accessibility of the credit unions’ websites, and compliance under the Americans with Disabilities Act (ADA), according to the Pennsylvania Credit Union Association.
HARRISBURG, Penn.– PSECU reported it has hit the $2-million milestone in cash rewards earned by users of its Founder’s Card during November. By the end of the month, 13,113 members earned $2,150,998 by using the card, which was launched in early 2017.
COLUMBUS, Ohio–The Columbus Blue Jackets of the National Hockey League and KEMBA Financial Credit Union announced the renewal of a multiyear partnership that is highlighted by presenting sponsorship of the Columbus Blue Jackets Foundation's 50/50 Raffle.
SEATTLE—BECU has awarded $500,000 in 2017 People Helping People Awards, which recognize BECU members and the non-profits they support with their time, talents and donations.
STAMFORD, Conn.—Global sales of smartphones hit 383 million units in the third quarter, a 3% increase over the same period in 2016, powered by growth among the top vendors, according to new report.
IRVINE, Calif.—With more than 2,000 fintech start-ups in place today, credit unions have a lot to keep their eyes on. To help narrow the focus, Entrepreneur magazine has created a list of the top 12 fintech companies to watch in 2018, including a somewhat ironically named competitor at number 7.