CAMBRIDGE, Mass.—A new study shows that people will pull a premium credit card out of their wallet to signify wealth, choosing to pay higher fees and foregoing rewards from less prestigious cards they carry.
Fresh Today
WASHINGTON—Steve Grooms, president and CEO of 1st Liberty Federal Credit Union of Great Falls, Mont., will testify June 8 on NAFCU's behalf before the Senate Banking Committee regarding the importance of regulatory relief for credit unions and the economic benefits credit unions offer.
WASHINGTON–The latest economic numbers are being greeted by economists with mixed reactions.
RICHMOND, Maine–A former employee of a credit union here has been charged with two counts of theft and one of forgery, all of which are felonies.
NEW YORK—As if credit unions needed more proof that competition is fierce in the credit card rewards space, a new report reveals that the big issuers doubled their rewards spending last year.
WASHINGTON—New anti-money laundering legislation has been introduced in the Senate that aims to strengthen oversight of digital currency activities.
GRAND RAPIDS, Mich.–CU*Answers announced that its new Developer’s Help Desk (DHD) business initiative is moving quickly ahead, with its new online retail presence in full development and the CUSO’s first API catalog ready to be distributed by the company’s June Leadership Conference.
MOUNTAINVIEW, Calif.—Google has announced plans to track debit and credit card sales to determine whether online ads are leading to offline sales.
ST. PETERSBURG, Fla.–PSCU has been named one of CIORevew Magazine’s 20 Most Promising Data Integration Solution Providers for 2017.
PANAMA CITY, Panama–Approximately 130 credit union leaders from Latin America and the Caribbean convened here for a regional workshop to explore trends in consumer behavior affecting the financial space and develop strategies for improving member service.