PITTSFIELD, Mass.—Greylock Federal Credit Union has introduced a new “ChaChing” app that alerts members via their phones to a variety of perks, benefits, and discounts available at a range of merchants around Berkshire County, Mass.
Fresh Today
AUSTIN, Texas–The market for mobile apps is getting saturated, and as a result growth has slowed.
CANBERRA, Australia–Australia has officially closed a legal loophole that allowed vendors to charge a credit card surcharge that was actually higher than the cost of taking the payment itself.
BOULDER, Colo.—NCUA Monday announced that it has granted a federal charter and Share Insurance Fund coverage to Clean Energy FCU here.
ATLANTA—The massive Equifax breach didn’t compromise just personal information such as names, addresses and birth dates–the hack exposed more than 200,000 credit cards, Visa and Mastercard are reporting.
MILWAUKEE, Wis.–The Equifax breach hasn’t just demonstrated security weaknesses in the U.S.; the company is also vulnerable in other countries, according to one cybersecurity firm that found a password weakness that has also been found at some credit unions.
WASHINGTON—Six Democratic members of the Senate Banking Committee want to allow government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to rebuild their capital reserves, but also want the GSEs to remain in conservatorship until housing finance reforms are made.
BIRMINGHAM, Ala./TALLAHASSEE, Fla.—The aftermath of Hurricane Irma continues to take its toll on credit unions this week after the storm devastated much of Florida with flooding and extended power outages.
CINCINNATI—Car lease credit applicants registered a 68.3% approval rate for August, just shy of the “healthy” mark of 70%, reports Swapalease.com, which believes Hurricane Harvey something to do with the outcome.
WASHINGTON—The Consumer Financial Protection Bureau has issued a no-action letter to Upstart Network, Inc., which uses alternative data in making credit and pricing decisions.