BELFAST, Maine–“Dozens” of members of Down East Credit Union here have been reporting unauthorized transactions in their accounts resulting in the loss of money that could be the result of a skimming device.
Fresh Today
ONTARIO, Calif.–Some CUToday.info readers reported problems linking to an announcement related to a new 10,000-square-foot Innovation Lab completely focused on lending that CU Direct is preparing to unveil.
BARCELONA, Spain—At Mobile World Congress Monday Mastercard announced that it will expand Qkr! with Masterpass, a mobile order-ahead and payment platform developed by Mastercard Labs, to six new markets and add new functionality to eliminate the traditional “open tab” at a bar, club or restaurant.
WASHINGTON–Mortgage rates increased again last week. Freddie Mac’s Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) averaged 4.16% for the week ending Feb. 23, up from 3.62% at the same time one year earlier.
MADISON, Wis.–Credit unions added 485,000 new members in December, bringing the 2016 membership growth to 4.7 million new members and overall credit union membership to nearly 110 million, according to new data released as part of CUNA Mutual’s Trends Report.
MADISON, WIS. – Visa is contributing $1 million to the Filene Research Institute to fund Filene’s Center of Excellence for the War for Talent.
CARLISLE, Penn.–The proposed merger with Harrisburg, Penn.-based Belco Community Credit Union and Cornerstone FCU here is simply an example of a big credit union trying to buy its way into a market, according to Dave Keffer.
PLEASANTON, Calif.—Card not present fraud skyrocketed in 2016, jumping 40% from 2015, according to Javelin Strategy & Research.
WASHINGTON–This week is America Saves Week and Military Saves Week, and credit unions and credit union organizations are participating in a variety of different activities.
WASHINGTON–CU Direct will soon be unveiling an Innovation Lab as part of 10,000 square feet of space it has built out with a goal of helping credit unions make more loans.