SINGAPORE–Mastercard and PayPal announced an extension of their partnership into Asia Pacific as part of what they described as an effort to enhance the consumer experience and make Mastercard a clear payment option within PayPal.
Fresh Today
ARLINGTON, Va.–NASCUS has filed a comment letter with NCUA saying that it opposes applying to federally insured, state-chartered credit unions the proposed changes to Part 708b regarding voluntary mergers of federally insured credit unions that call for greater disclosures.
ARLINGTON, Va.–In addition to commenting on NCUA’s proposal on voluntary mergers, the National Association of State Credit Union Supervisors has filed two comment letters, one on proposed changes to its procedures for a credit union seeking to appeal a material supervisory determination made by NCUA, and the other on proposed changes for appeals of a regulatory determination.
LAKE FOREST, Ill.—As credit unions continue to search for new revenue streams, a new report reveals that total non-interest income for banks, thrifts and credit unions continues to fall since its peak in 2006.
SAN FRANCISCO—While vehicle sales overall are down this year over 2016, sales of one category of cars—subcompact SUVs and CUVs—are on their way up.
SCRANTON, Penn.—A federal judge has rejected student loan servicer Navient Corp's bid to dismiss a U.S. regulator's lawsuit accusing the nation's largest student loan servicer of systematically misleading millions of borrowers and driving up their loan repayment costs.
AUSTIN, Texas–Two of seven proposed amendments to the Texas State Constitution will be specific to credit unions and will be on the Nov. 7 ballot in the state.
RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is making available a free download of its new proprietary research study, Digital Transformation, designed to help credit union leaders understand current industry perceptions, challenges and plans for the digital age.
WASHINGTON—NCUA Board Chairman Mark McWatters has sent a letter to Ann Wagner (R-MO) to address what he called “inaccuracies” in a recent letter the Independent Community Bankers of America sent to the representative and to “set the record straight.”
WASHINGTON—Fannie Mae and Freddie Mac would need a bailout of up to $99.6 billion under the worst-case economic scenario, according to the Federal Housing Finance Agency’s annual stress tests of government-sponsored enterprises.